Glossary entry

Dutch term or phrase:

courantheid

English translation:

typical marketing time

Added to glossary by Kitty Brussaard
Aug 22, 2015 17:01
8 yrs ago
1 viewer *
Dutch term

courantheid

Dutch to English Bus/Financial Real Estate
"De courantheid van de woning is tussen de 0 en 6 maanden."

Courantheid = marketability, fine, but my question is context-specific: is it alright to say "The marketability of the property is between 0 and 6 months" (i.e. is it logical to have "marketability" be a temporal unit), or does this need to be reworded, for example "The marketability of the property is considered to be such that it can be sold within 0 and 6 months"?

I've never come upon this concept before, so I'm not sure how "normal" it is in either language.

Once again, thanks for your input!
Change log

Aug 26, 2015 11:28: Kitty Brussaard Created KOG entry

Discussion

Emma Rault (X) (asker) Aug 23, 2015:
I like both your suggestions, and will use both at different points within my source text. Thank you very much!!
Dave Greatrix Aug 22, 2015:
Or: Resale potential: within 6 months
Michael Beijer Aug 22, 2015:
@Emma: maybe something like:

"the property must be capable of being readily sold within 0–6 months"
or
"the property must be readily marketable within 0-6 months"

(granted, both a bit of a mouthful ;) )

Proposed translations

+2
1 day 49 mins
Selected

time on market

As in: typical/expected time on market (sometimes also referred to as: time-on-market / time on the market). Or: typical/expected time to sell (sometimes also spelled as time-to-sell). Or any of the other options (in italics) in the links below.

The typical time on the market for a property in England and Wales is now 90 days, the shortest it has been since April 2008, according to new figures from Home.co.uk.
However, the firm points out that 90 days is simply the median figure across both overheating and cooler regional markets and there is considerable variation depending on location.
At one extreme, Greater London has a low marketing time of 48 days, which is equivalent to the on market time observed in the previous boom. The South East is also a fast market showing boom time length marketing times as supply slows to a mere trickle and properties get snapped up by eager buyers spurred on by the Help to Buy scheme.
http://www.prospect.co.uk/news-featured/typical-time-to-sell...

The typical marketing time for residential property has tripled since the onset of the credit crunch, according to property search engine Home.

Back in summer 2007, the typical property for sale spent just 50 days on estate agents’ books. Since then the typical marketing time for a property for sale has soared to a record 154 days in January 2009.
https://www.estateagenttoday.co.uk/news_features/On-market-t...

The price range your home is in and its condition along with the area it is located in will have a lot to do with the expected time to sell. Find an expert local real estate agent to get you the best answer to your questions.
http://www.realtor.com/news/we-plan-to-relocate-in-18-months...

Beyond price, there are numerous factors that will impact on the time it takes to sell a property, including the volume of similar stock on the market, seasonality and the overall demand to live in an area. A good estate agent will be able to offer advice on the typical time to sell from their local experience but don't just take their word for it. The advice will often be subjective and may be just a viewpoint of their individual office.

Home.co.uk enables its users to obtain an objective and local view on typical marketing times (i.e. how long a property has been on the market). This is referred to as "Typical Time on Market"1. Marketing times vary enormously across the country, ranging from 159 days in Newcastle upon Tyne to just 61 days in Brighton. Therefore, it's vital to get a localised view to properly align your selling time expectations.
http://www.home.co.uk/company/press/do_your_homework_part_2_...
Peer comment(s):

agree Barend van Zadelhoff : I would use 'marketing time': The typical marketing time for the subject property would be 0 to 6 months. Deze oplossing sluit naadloos aan bij de gegeven zin, is direct inpasbaar en is het meest objectief/waarheidsgetrouw.
1 day 5 hrs
Thanks, that sounds like an excellent solution to me.
agree Michael Beijer : another option
2 days 17 hrs
Thanks, Michael. I guess this is a typical case of there being more than one way to skin a cat :-)
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "This is perfect! Thank you both, Kitty and Barend! "
12 mins

(retail) prospects

the market/retail prospects of a house to be sold

http://www.nederlandsehuizen.nl/nl/home/huis-verkopen/couran...

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Note added at 56 min (2015-08-22 17:57:59 GMT)
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tja,
it should be
"property prospects"
Something went wrong...
+2
1 hr

Selling potential

Common term in the UK property market

http://content.magicbricks.com/industry-news/delhi-ncr-real-...

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Note added at 1 hr (2015-08-22 18:35:05 GMT)
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I would personally use "resale potential" if this refers to investment property
Peer comment(s):

agree Michael Beijer : I like "Resale potential: within 6 months"
1 hr
agree Tina Vonhof (X)
20 hrs
Something went wrong...
5 hrs

average time to sell off

Time-to-market is more for products than real estate.
Something went wrong...
48 mins

marketability; saleability; salability (also; US)

Onroerend Goed Lexicon

courantheid =
marketability, saleability, A (ook:) salability

gelet op stand en ligging in relatie tot het gebruik van het getaxeerde object beoordelen wij de courantheid als goed =
in view of the location in relation to the use of the valued/appraised property, we consider the immovable property to be readily marketable

JurLex:
courantheid =
marketability, saleability, A (ook:) salability

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Note added at 2 hrs (2015-08-22 19:21:49 GMT)
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(to answer Emma's question about the temporal aspect) something like this ought to work:


"the property must be capable of being readily sold within 0–6 months"
or
"the property must be readily marketable within 0-6 months"

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Note added at 3 days18 hrs (2015-08-26 11:44:34 GMT) Post-grading
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pls change to:

"the property is readily marketable within 0-6 months" or
"the property can be readily sold within 0–6 months"
Peer comment(s):

neutral Dave Greatrix : Tad verbose - I can't see where "must" comes into it...
1 hr
good point re "must". pls change to: "the property is readily marketable within 0-6 months" or "the property can be readily sold within 0–6 months"
Something went wrong...
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