Selling price a property owner sets for the property. See also Asking Price; Bid and Asked.
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The amount a property owner sets as a selling price for his property.
Example: Abel has asked $75,000 for 20 acres of land, even though its Appraised value is only $60,000.
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 | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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