Guaranteed Sale

What is Guaranteed Sale?

A definition of guaranteed sale is: A guarantee in a real estate listing agreement which states that after a specified length of time, if the subject property has not been Gold, the real estate firm will buy it, under particular terms and conditions, usually at a substantial discount from the listed price.[1]

Resources

Notes

1. “Guaranteed Sale” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)

See Also