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Sellers Should Take Advantage of a Sellers' Market
Sellers Should Take Advantage of a Sellers' Market
 
Basically speaking, a sellers' market is when there are more buyers than there are sellers and a buyer's market is when there are more sellers than there are buyers.
 
In a sellers' market, the prices tend to go up, because the buyers have fewer homes from which to choose, so in order for any buyer's offer to be accepted among several offers that a seller receives, the buyer raises the price, which makes that buyer's offer more favorable to the seller.
 
In a buyer's market, the prices tend to go down, because the sellers have fewer buyers who may wish to choose their home, so sellers lower the price of their homes to entice more buyers to make offers.
 
Although there are other factors involved, this is the basis of the theory of supply and demand.
 
So the question is posed as to how can a seller take advantage of a sellers' market.  Does simply putting their home on the market in a seller's market allow for them to get the best offer?
 
There are times when the sellers of homes, in a seller's market, accept an offer within 1 to 2 days of the home being put on ... more

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