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The Market has shifted
Arkistoidut sarjat ("Toimeton syöte" status)
When?
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Why? Toimeton syöte status. Palvelimemme eivät voineet hakea voimassa olevaa podcast-syötettä tietyltä ajanjaksolta.
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Manage episode 335821377 series 3349884
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1. Manage expectations:
A. Property may sit on market slightly longer than before/ may not receive the same volume of offers as before
B. Buyers maybe asking for closing cost and/or repairs
2. competitively price their property:
A. Expecting a large sum over market value maybe unreasonable
B. Ensure you are pricing based off market analysis and not based off rumors and old trends
- What should a seller do in this market?
1. Don’t go it alone and speak with a licensed real estate professional.
A. Typically sellers that sell their homes without an agent sit on the market longer and;
B. sell for much less than market value
2. Do your homework in your area
3. Come up with a timeline to list your property
Reference(s):
Rocket Mortage
https://www.rocketmortgage.com/learn/buyers-market-vs-sellers-market
Oxford Dictionary Online
an economic situation in which goods or shares are plentiful and buyers can keep prices down.
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