As a novice, you will come across various terms in the real estate industry, which you are not very well acquainted with. These situations sometimes create problems for home buyers and sellers because these can lead to various troubles like that of miscommunication, wrong interpretation etc. Below mentioned are certain common terms used in the real estate market. Go through this glossary in order to avoid problems from occurring when house buying or selling through an agency: Agent : An agent is a person who is also know as the broker. He/she is responsible for representing you as buyers and sellers. Appointment : It is that time when your agent will take you for property visits and other meetings for the benefit of your home buying and selling project. Back on the market or BOM : This term is used when a property which was previously removed from the list is placed back for sale purposes. Back up agent : This agent will help you with your project when your actual agent is u...