google bot detected Bid And Asked | Real Estate Glossary |

Bid And Asked

Definition of "Bid and asked"

Term used in the real estate industry describing the price requested by a property owner vs. the price a buyer is willing to pay. Bid is the highest price a purchaser is willing to pay while asked is the lowest price a seller is willing to accept. Together, the two prices constitute a quotation in a real estate listing.

Related Real Estate Glossary terms

Related Real Estate FAQ