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When the other party says #NETprice at this amount,
you must ask clearly in detail.
Because the meaning of net price varies depending on the person, as follows.
.
Net price meaning 1
is the price after deducting Land Department expenses and commission.
Simply put, net 1 means “I must receive exactly this net income.”
.
Net price meaning 2
is the final negotiated price for the buyer,
but it already includes Land Department expenses and commission deductions.
.
Net price meaning 3
is the price that includes specific business tax/stamp duty and withholding tax,
but excludes 50/50 transfer fee and commission.
.
.
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So, whenever you hear someone use the term #NETprice,
always recheck what the other party means.
Don’t assume everyone understands it the same way.
Otherwise, it might mess up the deal
and accidentally break the deal.
.
So, what does net price mean to you?
#ourNetIsNotTheSame
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