Definition of "Walkaway risk"

Darlene King-Jennings real estate agent
Darlene King-Jennings, Real Estate Agent King Realty Inc

Risk involved when a potential buyer or seller of property decides not to buy or sell. For example, if a seller does not sell at the offered price, he runs the risk of not being able to sell the property to another or if later sold, it will be at a much lower price.

 

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