VIC Acronym RES stand for

Discussion in 'Property Analysis' started by Jemma L, 10th Nov, 2019.

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  1. Jemma L

    Jemma L New Member

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    Hi,
    This is probably a very silly question but what does RES stand for in the sales and auctions results in ‘for a suburb’ section under the type category e.g South Yarra (RES)

    Thank you for any help.
     
  2. The Gambler

    The Gambler Well-Known Member

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    Don’t know but guessing it stands for RESERVE.
    ???

    renewable energy sources?
    Real estate s?
     
  3. Jemma L

    Jemma L New Member

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    Thanks. I too was thinking reserve. I’ve now attached a photo.
     

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  4. D.T.

    D.T. Specialist Property Manager Business Member

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    Residential
     
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  5. The Gambler

    The Gambler Well-Known Member

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    It’s always the most obvious answer that one misses!
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

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    RES = 'Restaurant", the agent was going to dine out for weeks on that commission. :rolleyes:
     
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  7. C-mac

    C-mac Well-Known Member

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    ^^^^ hehehe in the REA's mind, that's probably what they were thinking when writing that!