Anchoring
nounan·chor·ingpronounced ANG-kər-ing
Last reviewed 16 April 2026
What does the noun Anchoring mean?
A mental shortcut where the first number you see becomes your reference point for all later decisions. In property, the listed price becomes the anchor, and you unconsciously judge every other cost relative to it.
How the noun Anchoring is used
The listing price was $850,000, and even though our research said the place was worth less, that number anchored every offer we considered.
Synonyms
price anchoring
Related words
Cite this entry
MLA citation: "Anchoring." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/anchoring. Accessed 30 May 2026.
Chicago citation: How to Property. "Anchoring." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/anchoring.
APA citation: How to Property. (2026, April 16). Anchoring. https://howtoproperty.com.au/definitions/anchoring