You are viewing our site as an Agent, Switch Your View:

Agent | Broker     Reset Filters to Default
The 1-Year Challenge: Learn 52 Spanish Real Estate Terms in 52 Weeks
Did you know that Spanish is the second most widely spoken language in nearly every U.S. state? That means it's likely that you've either had clients or prospects that speak the language. But even though translation apps have come far in recent years (more on that later), it's still difficult to accurately translate the specialized jargon of real estate into Spanish and other languages. According to a government report, "translations may create more confusion than clarity. For example, when targeting materials and products to Latinos, financial education materials often are translated from English to their literal equivalent in Spanish, which may be unintelligible or difficult for the reader to understand." So to help you better serve your Spanish-speaking clients and leads, we've compiled this list of 52 of the most-used real estate terms and their Spanish translations. It's drawn from the Consumer Finance Protection Bureau's Glossary of English-Spanish Financial Terms, a constantly updated list of hundreds of finance and real estate related terms. You can bookmark or save this article to refer to later—or if you really want to boost your Spanish language skills, read on for a challenge that will help you master real estate's most commonly needed translations. The Challenge Ready for a low pressure way to build your Spanish vocabulary? We've included 52 real estate terms in this article--one for every week of the year. You can build your vocabulary slowly by committing to learning and using one term per week. You can start this challenge now, next month, your birthday, the anniversary of your first sale, or any other date that motivates you. Here's the challenge: Learn one term per week for 52 weeks, or exactly one year. Aim to use that term at least 1-3 times in your work during that week in order for it to really sink in. This is easy if you have Spanish speaking clients--just drop it into conversation, email, or text. If you don't have any Spanish speaking clients, use that week's term to flex your online marketing skills. Write a blog post about the term, or share the term and its translation on social media with a memorable hashtag. Dive in to the list below to get started! The List AppraisalTasación, valoración de la vivienda AssessmentEvaluación, cargo, tarifa Buyer's AgentAgente del comprador Closing CostsCostos de cierre, gastos de cierre Closing dateFecha de cierre Commercial propertyPropiedad comercial CommissionComisión Comparative Market Analysis (CMA)CMA (Análisis Comparativo de Mercado) Contingency / Contingency clause of saleContingencia / Cláusula de contingencia de venta ContractContrato CostsCostos, gastos CounterofferContraoferta DeedEscritura, título de inmueble DisclosureRevelación, divulgación Down paymentPago inicial, cuota inicial Due diligenceDiligencia debida Earnest money depositDepósito de buena fe, depósito de arras EscrowDepósito en garantía, reserva, escrow, depósito para impuestos y seguros de la vivienda Estimated property valueValor estimado de la vivienda Fair Market ValueValor de mercado, precio de mercado Fiduciary DutiesDeberes fiduciarios ForeclosureEjecución hipotecaria, embargo, reposesión, reposeer For sale by owner (FSBO)Casa en venta por el propietario (FSBO, por sus siglas en inglés) Good faith estimateEstimado de Buena Fe/Estimación de Buena Fe (GFE, por sus siglas en inglés) GranteeCesionario, beneficiario GrantorOtorgante Home buyerComprador de vivienda Home EquityValor liquido, capital de su vivienda Home, houseVivienda, casa, hogar Home InspectionInspección de la vivienda HomeownerPropietario de vivienda, propietario de casa, dueño de casa Homeowner's associationAsociación de propietarios Homeowner's InsuranceSeguro de la vivienda, seguro del propietario de vivienda, aseguranza de casa Investment propertyPropiedad adquirida con fines de inversión, propiedad de Inversión LienGravamen, derecho de retención, deuda, embargo preventivo Listed for saleEn venta, para la venta Listing price, list pricePrecio anunciado, precio de lista Loan-to-value ratioRelación Préstamo - Valor (LTV, por sus siglas en inglés) MortgageHipoteca, préstamo Preapproval, preapprovedPreaprobación, preaprobado PrequalifiedPrecalificado Principal, interest, taxes, and insurancePrincipal, Interés, Impuestos y Seguro (PITI, por sus siglas en inglés) Private mortgage insuranceSeguro hipotecario privado (pmi, por sus siglas en inglés) Real estate agentAgente de bienes raíces Real estate brokerCorredor inmobiliario REALTORAgente inmobiliario Seller's AgentAgente inmobiliario del vendedor, agente de bienes raíces que representa al vendedor Short SaleVenta en corto, venta corta TitleTítulo (de la propiedad) WarrantyGarantía Zip codeCódigo posta Zone / zoningZona, Zonificación Apps that can help If language learning isn't quite your thing, lean on technology to provide the help you need. Google Translate is perhaps the most advanced, free translation app available today, and it takes advantage of several of your smartphone's features to do stuff like: Translate text in the "real world" -- e.g., from street signs, newspapers, menus, etc. -- into the language of your choice by pointing your phone's camera at the object to be translated. Translate conversations in real time. Speak into your phone to translate your words into the language of your choice, and your conversation partner can do the same. Google Translate acts as an interpreter that produces audio translations of both sides of the conversation. Translate text from any app. No matter what app is open, Google Translate can step in and translate text for you. Simply copy the text to activate translate mode. And more. Google Translate is available for both Android and iOS devices. For more on translation technology, see: 4 Apps that Let Real Estate Professionals Smash Language Barriers Has Technology Brought Real-Time Translation to Real Estate?
MORE >
Translate in Office 365 Is a Game Changer for Real Estate
Microsoft released a new feature in Office 365 that is a game changer for real estate. Microsoft Translator allows users to convert any type of document into a foreign language. For years now, G Suite has been eroding Microsoft's dominant market share in the real estate business, mostly driven by price and the extensibility of Gmail. By extensibility, I mean that you can add apps into Gmail that allow it to do more things.
MORE >
10 Things You Probably Didn't Know Google Could Do for You
MORE >
Think Globally for a World of New Business
I spotted this awesome article from REALTOR.org and was inspired! It's fascinating to understand where international buyers are coming from and where they are looking in the United States. Based on searches on REALTOR.com® and REALTOR.com® International, the top 10 most-searched U.S. cities by international buyers (as of July 2012) were: Chicago, IL Las Vegas, NV Los Angeles, CA Miami, FL Orlando, FL New York, NY Fort Lauderdale, FL Houston, TX San Diego, CA Kissimmee, FL Interesting, right? Well, here's something even more interesting: the article on REALTOR.org broke it down even further and looked at where these international buyers were coming from. I should note that REALTOR.com® International translates listings into 11 languages. This explains the quantity and quality of their international traffic. You can read more about the site with their press release: REALTOR.com® Goes Global With Launch of International Site.
MORE >
Golden Opportunity: Translate Your Listings
MORE >
4 Reasons We’re Excited About Immobel’s Global Listing Exchange
In the process of writing our product review for Immobel's multi-language IDX translation and REAL-Buzz portal, we learned about several other Immobel innovations. We had to keep a narrow focus for our product review, but we made a note to come back to these other features at a later date. We've decided that today is the day. We got in touch with Janet Choynowski of Immobel and she brought us up-to-speed. Here are several of the features we found most exciting:
MORE >
Product Review: Immobel’s Multi-Language Website IDX and REAL-Buzz
MORE >