Offering Price
Barron's Real Estate Dictionary:
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Offering Price
The amount a prospective buyer offers for a property on the market. When an offer is submitted via a sales contract , it constitutes a bona fide offer for the property.
Example: The buyer’s offering price of $250,000 was within 5% of the seller’s listing price of $262,000 and was considered a serious offer.
Example: The buyer’s offering price of $250,000 was within 5% of the seller’s listing price of $262,000 and was considered a serious offer.
| Offeree, Offer | |
| Offeror, Office Building |
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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