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    3. most probable selling price»

    Definition of most probable selling price

    Dictionary of Real Estate Terms: most probable selling price
    most probable selling price

    the property's most likely selling price when not all the conditions required for a market value estimate are relevant.

    Example: An appraiser estimated a property's most likely sales price at $100,000, assuming a sale within 20 days, whereas its market value of $120,000 might require up to 6 months to realize.

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