What term is commonly used for "Net proceeds from sale"?

The term "Net proceeds from sale" refers to the amount of money that a seller receives after all expenses related to the sale have been deducted. This includes costs such as commissions, closing costs, and any liens or mortgages that must be paid off. The amount realized is the net figure that remains after all these deductions have been taken from the total sale price.

In real estate transactions, understanding the amount realized is crucial for sellers, as it reflects their actual financial gain from the property sale. This term accurately encapsulates the idea of net proceeds, emphasizing what the seller walks away with after all expenses have been accounted for.

Other terms listed do not convey the same concept. Gross revenue refers to the total income generated from the sale without deductions. Profit margin is a measure of profitability typically expressed as a percentage and does not directly equate to the actual cash received from the sale. Sale price simply indicates the amount for which the property is sold, without consideration for expenses or net proceeds.