Glossary

What do real estate workflow terms mean?

Direct answer

This glossary explains common terms agents use when organizing clients, follow-ups, property reports, Property Rooms, and networking. Each definition is short, practical, and linked to a deeper Xealty guide or product page.

What is a Property Room?

A Property Room is a property-specific workspace for reports, showing feedback, interested buyers, activity, updates, and collaboration around one property.

What is a Comp report?

A comp report compares a subject property with relevant nearby sales or market activity to help an agent explain pricing context.

What is a Follow-up?

A follow-up is the next intentional contact after a real estate conversation, showing, referral, closing, or relationship moment.

What is a Referral partner?

A referral partner is a person or professional relationship that can introduce potential clients or business opportunities to an agent.

What is a Listing appointment?

A listing appointment is a meeting where an agent discusses selling strategy, pricing, preparation, marketing, and next steps with a potential seller.

What is an AVM?

An AVM, or automated valuation model, is a technology-generated property value estimate based on available data. Agents should treat it as context, not a final pricing answer.

What is a CMA?

A CMA, or comparative market analysis, is an agent-prepared pricing analysis that uses comparable properties, local expertise, condition, and market context.

What is QR networking?

QR networking lets real estate professionals share a scannable code that opens a profile, contact card, connection flow, or other follow-up destination.