What is the difference between an ‘asking price’ and the ‘final sale price’?

Buyers

The asking price is the initial amount the seller lists the property for, reflecting what they hope to achieve based on market trends, comparative sales, and agent advice. The final sale price, however, is the actual amount agreed upon between the buyer and seller after negotiations and possible multiple offers. In a competitive market, properties can sell above the asking price, while in a slower market, the final sale price might be lower. Consulting with HJ Byrne helps you understand if an asking price is fair, whether there’s room for negotiation, and how to structure a compelling offer.

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