Last reviewed 08-20-2026Short-Sale.com Editorialglossary
TRADE-IN
California Department of Real Estate
Updated 08-20-2026
TRADE-IN
An increasingly popular method of guaranteeing an owner a minimum amount of cash on sale of owner’s present property to permit owner to purchase another. If the property is not sold within a specified time at the listed price, the broker agrees to arrange financing to personally purchase the property at an agreed upon discount.
California Department of Real Estate Glossary
California Department of Real Estate · p. 33
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