Motivated seller

Beginner 🏠 Real Estate

Definition

A property owner under pressure, such as from divorce, relocation, or debt, who may accept a lower price to close quickly. Buyers hope to find one, and sellers are rarely happy to be described that way. Real estate agents use the term with a straight face while knowing exactly what it means.

Example Usage

The listing agent mentioned the owners were motivated sellers, which is how the buyer learned the house had been on the market since the divorce.

Source: Real estate industry usage

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