Tip of the Week – Abbreviations: Phase 1
What is DSF, V, or SP/OLP? Every business has it’s own set up abbreviations, acronyms, and short cut phrases. Be it military or MLS, if you don’t a context for that set of letters, you may not know what to do with it or what it means. This Tip will be the first of a series of blogs that will break these brain teasers down so you’ll know what’s what.
We’ll start off with the easiest (in context) but also the most asked about: category and status.
Each abbreviation for category makes sense when you keep in mind that it’s about property type.
DSF – Detached Single Family
ASU – Attached Single Unit (townhomes, duplexes, etc)
CND – Condo (regardless of design)
FO – Fractional Ownership (also seen as TS – Timeshare)
CR – Combine Residential (DSF, ASU, CND, FO)
CS – Commercial Sale
CL – Commercial Lease
RNT – Rental
AU – Auction
BS/BD – Boat Slips/Boat Docks
Do they make sense now?
How about status? Quick Search or ProSearch? Let’s take a look at those.
A – Active
C – Contingent
P – Pending
S – Sold
X – Expired
W – Withdrawn
V – Provisional
N – Reserved
R – Rented
I – Inactive
L – Leased
You might see some different options on status menus in different places of the MLS. We’ll talk about those next time.
If you have any questions, call us at 850-244-2411, or send me an email at firstname.lastname@example.org.
Susan Beck, MLS Director
Emerald Coast Association of REALTORS
Fort Walton Beach, FL