A must-sell or priced-to-sell property is a property that the seller has indicated that they are very motivated in entertaining offers. These properties are not distressed or in foreclosure or liquidation. The properties are priced below assessed or appraised values and offer an opportunity to get into the real estate market.
These properties are not going to sell for a ridiculously low price, as real estate still is and always has been a sound investment.
Some of these properties have had major price adjustments to match the current market, while others have decided to do a "Dutch auction," where the price will reduce by a set amount over a set period of time until an accepted offer is received.
One thing to note is if you place an offer on one of these properties, it's considered an "invitation to offer." What that means is the seller has the right to reject any offer that they feel is not in line with their wishes.