Workable Indication

A workable indication is a term used in the financial markets to describe a price that is acceptable to both parties in a transaction. It is not a firm offer, but it is a starting point for negotiations.

Workable indications are often used in the sale of real estate. For example, a buyer may make a workable indication of $200,000 for a house that is listed for $250,000. The seller may then counter with a workable indication of $225,000. The two parties may continue to negotiate until they reach a mutually agreeable price.

Workable indications can also be used in the sale of other assets, such as stocks or bonds. For example, a buyer may make a workable indication of $50 per share for a stock that is currently trading at $45 per share. The seller may then counter with a workable indication of $55 per share. The two parties may continue to negotiate until they reach a mutually agreeable price.

Workable indications are not binding, and either party can withdraw their offer at any time. However, they can be a helpful way to start the negotiation process and to reach a mutually agreeable price.