Price Point

Definition

A fancier way of saying "price" that makes real estate agents feel like they're doing economics instead of sales. It adds absolutely nothing to the conversation except an extra word and a sense of sophistication.

Example Usage

"My agent kept saying we need to find the right price point. I said how about the price point where I don't have to sell a kidney." - A budget-conscious buyer

Related Terms

Intermediate

due diligence period

The window of time when buyers can inspect, investigate, and potentially back out of a deal without penalty. It's when you discover that 'vintage charm' actually means 'original 1950s electrical wiring that might kill you.'

🏠 Real Estate

Advanced

Title Insurance

Insurance that protects you in case someone crawls out of the woodwork claiming they actually own your house. You pay for it once, pray you never need it, and wonder what kind of chaos could possibly require it. Spoiler: the chaos is always there.

🏠 Real Estate

Beginner

driving for dollars

The decidedly low-tech practice of cruising neighborhoods looking for distressed, vacant, or neglected properties to target for investment opportunities. It's like Pokemon Go, but instead of catching Pikachu, you're hunting for overgrown lawns and peeling paint.

🏠 Real Estate

Beginner

notice

The formal heads-up you're legally required to give before doing something that affects someone else, like ending a lease, quitting a job, or evicting a tenant. It's usually 30, 60, or 90 days, giving just enough time for panic and apartment hunting. Without proper notice, your plans become legally questionable at best.

🏠 Real Estate

Beginner

Fixer-Upper

A home that needs so much work it should come with a hard hat and a therapist instead of keys. HGTV has convinced an entire generation that these are charming weekend projects and not financial sinkholes.

🏠 Real Estate

Beginner

Open House

A scheduled event where strangers wander through your home, judge your decorating choices, and eat your cookies with zero intention of buying. It's basically hosting a party where the guests critique your life.

🏠 Real Estate

Translate This Term

See “Price Point” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.

Try the Translator

Share This Term

Post on X Share on Facebook Share on LinkedIn

Discover a Term

Intermediate

Mission-Critical

Something so important that if it fails, the entire company will supposedly collapse, except it won't because everything...