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内容由Karen and Joe Donovan and Joe Donovan提供。所有播客内容(包括剧集、图形和播客描述)均由 Karen and Joe Donovan and Joe Donovan 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
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What Happens When the Market Favors Sellers?

 
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Manage episode 196891993 series 1052379
内容由Karen and Joe Donovan and Joe Donovan提供。所有播客内容(包括剧集、图形和播客描述)均由 Karen and Joe Donovan and Joe Donovan 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
What exactly is a seller’s market? Let’s find out.

Looking to sell your home? Get a FREE home value report
Looking to buy a home? Search all homes on the MLS

Interested in a career in real estate? Let's meet!

What is a seller’s market? This is a question I’m commonly asked, so I’m going to address it today. Contrary to how the name may make it sound, a seller’s market actually means that there are more buyers than sellers. A seller’s market is one that favors sellers. Let me give you an example. Imagine a town with 10,000 households and 300 houses for sale. Not many people move in this town, but there are a couple of new businesses in town, and these businesses are drawing in new employees. All of these buyers are competing over the same 300 houses.


When the market is in the seller’s favor, they can sell quickly and for top dollar.


According to the laws of supply and demand, this sets sellers up for success. When there is a limited supply of a product, the people who are selling it can take advantage of the increased demand. This applies to real estate as well. When the market is in the seller’s favor, they can sell quickly and for top dollar. However, buyers in a seller’s market are not necessarily at a loss. There are some tips and tricks you can use as a buyer to still get a good deal. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
  continue reading

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Artwork
icon分享
 
Manage episode 196891993 series 1052379
内容由Karen and Joe Donovan and Joe Donovan提供。所有播客内容(包括剧集、图形和播客描述)均由 Karen and Joe Donovan and Joe Donovan 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
What exactly is a seller’s market? Let’s find out.

Looking to sell your home? Get a FREE home value report
Looking to buy a home? Search all homes on the MLS

Interested in a career in real estate? Let's meet!

What is a seller’s market? This is a question I’m commonly asked, so I’m going to address it today. Contrary to how the name may make it sound, a seller’s market actually means that there are more buyers than sellers. A seller’s market is one that favors sellers. Let me give you an example. Imagine a town with 10,000 households and 300 houses for sale. Not many people move in this town, but there are a couple of new businesses in town, and these businesses are drawing in new employees. All of these buyers are competing over the same 300 houses.


When the market is in the seller’s favor, they can sell quickly and for top dollar.


According to the laws of supply and demand, this sets sellers up for success. When there is a limited supply of a product, the people who are selling it can take advantage of the increased demand. This applies to real estate as well. When the market is in the seller’s favor, they can sell quickly and for top dollar. However, buyers in a seller’s market are not necessarily at a loss. There are some tips and tricks you can use as a buyer to still get a good deal. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
  continue reading

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