What does RFR stand for in regards to real estate?
Texas Chic
2008-02-02 14:11:44 UTC
I was viewing house listings online. One house I was interested in said "Status: Active RFR". I know RFR generally means ready for reuse, but is that the same meaning when you are dealing with a home's status?
Four answers:
Kim B
2008-02-02 14:45:06 UTC
"right of first refusal". That means that they've got a contract on the house, but for some reason or another they can't close right now. The seller has accepted the contract, but says that they're still going to take other offers, should they come in before the buyer can close. If another offer comes in, the seller will contact the buyer and say that they have to close the deal that they have under RFR. If the buyer can't, the seller can accept the new offer.
?
2017-01-16 20:29:41 UTC
Rfr Meaning
2016-09-20 03:44:29 UTC
Don't really know what to say
?
2016-08-27 04:15:47 UTC
Wow, thank you! I was wondering the same question today
ⓘ
This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.