What does POA mean ?

Property transactions

The term can be found in property news. Poa stand for in real estate is just a descriptor that indicates the price (on asking). The term is used in property transactions where the seller or the agent may upload it on the website or it may want to keep it undisclosed.  In legal terms, it may indicate the “ power of attorney ” which represents the authorization given to an individual by someone else to act on their behalf.  

Poa meaning “price on application” is applied for some properties on the market. It refers to the situation where the agent or the owner may want to keep the property prices undisclosed for one or other reasons. 

The interested buyers make the effort to call the agent to find out the property prices; even then it may be guarded by the agents. It may be kept a secret for a number of reasons like need to maintain the privacy or the natural extension of cautiousness. 

There are other reasons like someone may not have an idea of what the real worth of the property is, and they may want to keep it hidden, in such conditions, one may mark the property without a price and generate enquiries to determine the cost.