In real estate, there are dozens of industry terms that can be confusing or overwhelming. Condex, LTV, ARM, Assessed vs. Appraise valued, FSBO, REO, Short Sale, BOM, etc. It’s endless.
There are even many different ways to refer to real estate agents: agent, broker, realtor. Are these terms all the same thing; can they be used interchangeably? Here is some clarification on what each title means and what exactly is a Massachusetts Realtor.