What is Ral in Real Estate
Real estate jargon can be confusing, but understanding the basics is essential. One term you may come across is “RAL,” which stands for “Ready, Able, and Willing” in the real estate industry. So, what does it mean? Simply put, it refers to a potential buyer or tenant who is prepared to enter into a contract to purchase or lease a property and has the financial means to do so. Essentially, a RAL individual is a serious contender in the real estate market.