Ready, Willing, and Able

Definition: A ready, willing, and able buyer is prepared to proceed, agrees to the required terms, and has the legal and financial capacity to complete the purchase.

Example

A buyer accepts the seller's stated terms and demonstrates available funds or qualifying financing.

Keep the distinction clear

Wanting the property is not enough. Whether producing such a buyer earns a commission also depends on the brokerage agreement and the transaction's facts.

Related terms

Procuring Cause · Compensation · Underwriting

Keep studying

Open Listing vs. Exclusive Agency vs. Exclusive Right of Sale

References: California DRE: real estate glossary

Pronunciation (US): RED-ee WIL-ing and AY-buhl (capitals show stress)

Pronunciation reference: Merriam-Webster