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What does LP mean on MLS?

By Sebastian Wright |

List Price
Sale Type – Indicates if the property is a regular (or standard) sale, short sale, foreclosure, probate, or some other type of sale. LP and OLP – Refers to the List Price (current) and the Original List Price.

What does SF in real estate mean?

SF Meaning in Real Estate Square FeetSquare feet, a unit of area.

How do you read a MLS listing?

HOW TO READ AN MLS LISTING: TOP SECTION

  1. Address: This is pretty straightforward.
  2. DOM: This means Days on Market and represents how long the listing as been active on MLS.
  3. Taxes: Indicates the taxes paid on the property and what year this figure represents. (
  4. Rms: Indicates the total number of rooms in the property.

What does SP OLP mean?

Sold Price to Original List Price Ratio
Average SP to OLP Ratio – The Average Sold Price to Original List Price Ratio for home sold in a given period. This represents the average of the ratios for the gross sales price to the original list price for individual listings that closed.

What does Cdom mean in MLS?

Cumulative Days on Market
Cumulative Days on Market (CDOM): The Cumulative Days on Market accumulates on each listing and takes into account previous listings of the same property.

What does it mean when a property has multiple listings?

multiple listing service
A multiple listing service (MLS) is a database established by cooperating real estate brokers to provide data about properties for sale. Under this arrangement, both the listing and selling broker benefit by consolidating and sharing information, and by sharing commissions.

What does P m mean in real estate?

PM meaning stands for Property Market.

What do MLS listing numbers mean?

The MLS (Multiple Listing Service) number is essentially the serial number of a listing. In RMLS the first two digits denote the year: 13208782 shows that the property was listed in 2013. Up until a couple of years ago listings were assigned sequential numbers. Low numbers in the series meant the listing was older.

What does MLS number mean?

Multiple Listing Service
What Is a Multiple Listing Service (MLS? A multiple listing service (MLS) is a database established by cooperating real estate brokers to provide data about properties for sale. An MLS allows brokers to see one another’s listings of properties for sale with the goal of connecting homebuyers to sellers.