GlossaryAsking_price

What means Asking price?

As with homes, the asking price for buying real estate">commercial real estate is almost always higher than the estimated market value. For real estate">commercial real estate from major investors and real estate dealers, the asking price is rarely lowered. They like to wait longer so that they can still get their asking price. Unlike residential homes, there is a greater chance with real estate">commercial real estate that a buyer presents itself with serious plans for the business object.