Motivated Buyer

Importance: 0.43

Is a company: no

Is a proper noun: no

Synonyms

  • quick buy
  • incentive buyer
  • easily enticed

Definition of Motivated Buyer

  1. A prospective buyer with strong personal reasons who must purchase a property quickly. A strong motivation to buy is generally due to time restraints.

Related Terms and Acronyms

  • Seller's Market Definition,
    • Due to either low supply or high demand, the seller can expect to sell quickly with a high sale price.
  • Buyer's Market Definition,
    • When market conditions favour the buyer.
  • Real Estate Agent Definition,
    • A person who is licensed to represent a buyer or seller of land and the buildings and other improvements on it.
  • Motivated Seller Definition,
    • A home seller who has a strong reason to sell quickly, possibly because of an upcoming relocation or an impending default on a loan.
  • Relocation Benefits Definition,
    • Money and other consideration that an employer gives to employees who move or are transferred at the company's behest. Can include reimbursement for packing and moving, house-hunting trips, and temporary housing and storage.
  • Backup Offer Definition,
    • A bid for a property that the owner will consider if the current transaction falls through.
Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage