In the words of the younger set, “my bad!” I stand corrected.
I checked a few web sites for a definition and found that, according to Realty Times (as well as a couple of other sites), it is just a marketing tool used to sell houses.
As a seller you need to be realistic about the price. Regardless of descriptive terms used by your real estate agent, if the other homes in your neighborhood are currently selling for $150,000, accept that your home will probably not sell for much more! Call it an "executive" home if you like, just price it correctly if you want to sell!
Gary Waters, Century 21 Baytree Realty, Rockledge, Florida. Email me at email@example.com or call me directly at 321-693-3850.