what is asking price?

Asked by Judith Krask, Los Angeles, CA Wed May 27, 2009

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Peter Oh’s answer
Peter Oh, Agent, Los Angeles, CA
Fri Oct 18, 2013
Asking price is what the property is offered at. Often times with the current market conditions, we may see some inflated asking price due to 3 months of supply of housing. about 5 months supply is equilibrium according to National Association of Realtors. Hope this helps
0 votes
Jonathan Lah…, Agent, Rockville, MD
Mon Apr 18, 2016

the asking price is the best quoted price at which a market maker is willing to sell a stock.
0 votes
Daniel Casti…, Agent, Los Angeles, CA
Tue Nov 10, 2015
Hi Judith,

The asking price is the the price the owner of the property would like to get for their home.
It’s basically a fair estimation of the current value of the property.

I would be happy to assist you, what kind of price range are you interested in?

Please feel free to contact me at (310) 584-7721 or email at Dcgoldstarrealty@gmail.com if you have questions. I would be happy to answer any questions.

Daniel Castiel
GoldStar Realty
(310) 584-7721
BRE #01023338
0 votes
Zachary Okyle, Agent, Beverly Hills, CA
Tue Feb 26, 2013
Asking price and listing price are the same thing. It is the price the seller would like to get from the buyer for their property.
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Dorene Slavi…, Agent, Torrance, CA
Sun Jan 10, 2010
Dear Judith,
The "asking price" is the the price the owner of the property would like to get for thier home.

The price is arrived upon by careful consideration of similar property in the area, market conditions, the condition of the home, interest rates for buyer, and the expertice of the agent.

Asking price is neither " insulting..nor rediculous" , but a fair estimation of the current value of the property..with every issue taken into consideration.
Web Reference:  http://www.doreneslavitz.com
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Endre Barath,…, , 90210
Wed May 27, 2009
Hi Judith, the "asking price" what the Seller and the Seller's Agent has listed on the market to receive buyers and potential offers. Sometimes the "asking price" is realistic for the condition of the property and the location as well as sometimes it isn not realistic for the same. If you need any help with your buying or selling questions feel free to contact me directly with your questions at EndreBarath@theMLS.com.
Web Reference:  http://www.endrebarath.com
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