Mvacty

[Terry Light]

MVACTY --

This appears to be an appraiser acronym related to income properties and vacancy factor.

But I don't know what it stands for. If someone could help explain, that would be cool.

 

[Bill_FL]

Can you supply the context in which it was used? Such as the sentence? Something like that? The type of property?

 

[Terry Light]

Evidently it is not an appraisal term. Instead it appears to be something that Realtors will put in listing information about an income property. So I'll look elsewhere since I made an error about it being an appraisal term, BUT...if someone knows, that would be helpful.

Basically, it is just used to describe "vacancy factor"...(see below).

In a description about a house, it will have a list of stuff, like:

Mult- Family Property
Area: Eastham
Style: 1st Flr. Loc,
Detached
Residential
Age: 69 year(s) old
Year built: 1936
TV cable avail.
Telephone avail.
Unit 1 has 1 full bath
Unit 2 has 1 full bath
Unit 3 has 1 full bath
Lot is 31363 Sq. Ft.
Appx. 1232 Sq. Ft.
County: Barnstable
Porch
Garden Area
Elec. avail.
Vacancy factor: MVACTY
Lot Soze between 1/2 -1 acre
Level Lot
Wooded
Approximately 0.72 acre(s)
Outdoor lights
Clear Lot
Private Water
Wood shingles

 

[Tim Hicks (Texas)]

How about calling the agent and asking or checking the MLS for abbreviation definitions.

Multi-family, Vacant, terms, yearly?????

 

[TC]

Duckie, I spent 15 minutes trying to google that acronym, no luck. Would love to know what it stands for.


TC

 

[George Hatch]

Market Vacancy And Collection (Two Years) ????

 

[JSmith43]

Months Vacant This Year is my guess. I am only fluent in MN MLS dialect, however.

 

[Hal Mann]

Originally posted by rogerwatland@Sep 8 2005, 03:39 PM
Months Vacant This Year is my guess. I am only fluent in MN MLS dialect, however.

By George, I think you've got it.

 

[CANative]

I'll take a guess.

Since this appears in many multi-family listings I have a feeling it is an editable response cell that no one bothers to edit.

M = Manager

VAC = Vacant

T = Tenant

Y = Equals a toggle for Yes or No



Edit: I like Roger's better.

 

[Bobby Bucks]

You mean to tell me an LO/MB won the contest? If news of this gets out it could be a bombshell....rememeber if anyone asks about this on the street next week, here are the talking points.

"He is also an appraiser."