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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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Barron's Business Dictionary. Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.  Read more
Barron's Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.  Read more

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