Buyers Sellers Market [UPDATED]
In real estate, the "market" is a game of supply and demand. Whether you are buying or selling, your strategy depends entirely on who has the upper hand. 🏠Seller’s Market Demand exceeds supply (too many buyers, too few homes). Move fast: View homes the day they hit the market.
Be prepared for your home to sit on the market for weeks or months. ⚖️ Balanced Market buyers sellers market
Keep the offer "clean" (e.g., skip the request for new carpets). In real estate, the "market" is a game of supply and demand
Make the deal dependent on selling your current home first. Strategy for Sellers: Move fast: View homes the day they hit the market
Ask for price drops or "seller concessions" (closing cost help).
Tell all buyers you will review offers on a specific day.
Expect bidding wars; lowballing will lose the house. Strategy for Sellers: