Bid And Asked
Definition of "Bid and asked"
Term used in the real estate industry describing the price requested by a property owner vs. the price a buyer is willing to pay. Bid is the highest price a purchaser is willing to pay while asked is the lowest price a seller is willing to accept. Together, the two prices constitute a quotation in a real estate listing.
Popular Real Estate Terms
What a piece of property could be sold for on the market. ...
Credit note which a lender's only security is the borrower's personal financial situation and credit history. ...
the loan rate stated on the face of the loan note. The nominal loan rate is not the same as the effective interest rate. For example, if points are charged to secure a loan, the effective ...
What is a turnkey property? A turnkey property is a very popular type of investment property that real estate investors prefer because it starts bringing a return on investment quickly. ...
Window(s) situated on top of a structure to furnish air and light for the inside. ...
Those factors causing the movement of people, industry, and business from the central city to the outside central city areas, suburbs, and/or small cities. Elements of the dispersing force ...
Two-story house where the front door is located above the first floor but below the second floor. ...
Are you ready to unlock the secret to reaching your ideal audience? The key is market delineation! But what what does delineate mean? Join us on this real estate journey and uncover the ...
Mortgage for residential property. ...
Have a question or comment?
We're here to help.