noun the act of selling something at a significantly lower price than its actual value due to urgent need or financial difficulties
Distress selling refers to the act of selling a property quickly and at a lower price than market value due to financial difficulties or urgent need for liquidity.
In the financial sector, distress selling can occur when investors are forced to sell assets at a loss to meet margin calls or cover other obligations.
In economics, distress selling can have implications for market dynamics and pricing mechanisms, as forced selling can lead to downward pressure on prices.
Distress selling can also be relevant in business management, where companies may engage in selling off assets at a discount to raise capital in times of financial distress.
In the publishing industry, distress selling may refer to selling books at a discounted price due to low demand or to clear out excess inventory.
Psychologists may encounter distress selling in the context of clients who are experiencing financial difficulties and need to sell their belongings quickly to make ends meet.
Real estate agents may engage in distress selling when they need to sell a property quickly, often at a lower price, due to the owner's urgent need for cash or other reasons.
Stockbrokers may be involved in distress selling when clients need to sell off their investments quickly to mitigate losses or due to financial emergencies.