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GCheng620 Posted 14 years ago
Vocabulary

"sold for $100,000 over asking"

I simply don't understand this phrase,
to quote the context:"Aside from the words “sold for $100,000 over asking”, nothing makes the real estate junky salivate quite like the term “one day sell-out” – a term that’s thrown around when pre-sale marketing leads to people lining up around the block like West Side families trying to get their kids into French immersion. (Urban legend has it that many of these people risking nerve damage from standing on their feet for hours on end are not, in fact, actual condo purchasers, but are paid by investors who then take their place in line when it’s time to enter the building and sign the contract to purchase)."

Why can't I adjust the font in my post here, like bolding it?
  

Top answer

I suppose it means "sold for 100000$ over the asking price".

  • I suppose it means "sold for 100000$ over the asking price".
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3 Answers
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I suppose it means "sold for 100000$ over the asking price".
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GCheng620sold for $100,000 over asking
The seller wants to sell his home for $700,000. Many buyers want to buy it because that is considered a low price. Any given buyer has to offer the highest amount if he expects to have the house. So he offers to pay more than the price that the seller is asking. Suppose the highest amount offered is $800,000 and the h
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CalifJim GCheng620sold for $100,000 over askingThe seller wants to sell his home for $700,000. Many buyers want to buy it because that is considered a low price. Any given buyer has to offer the highest amount if he expects to have the house. So he offers to pay more than the price that the seller is asking. Suppose the highest amount offered is $800,000 and the house is

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