What is a 'bottom line'?

What is a 'bottom line'?

Chad Lund (Real Estate Agent) gives expert video advice on: How do I set a price for my house in a slow market?; How do I know if I'm asking too much for my house?; What is a 'bottom line'? and more...

For a seller to figure out his bottom line he should basically take his sales price less his selling cost at that point then he can figure what his mortgage is and at that time he can see what he has left over. Out of what he has left over what he really feels he needs to leave the transaction with.