buying ahome in todays market: What's the Word Wednesday? Price
- 04/25/18 01:36 PM
The three things that sell real estate are often said to be Location, Location, and Location. Depending on the market condition, whether it's a buyer or seller's market, price plays a big part in the equation. When it's a seller's market like we are currently experiencing, sellers are pretty much getting their asking price and then some. In multi-bid situations, the sold price is often much higher than the asking price.
In the reverse market, when buyers rule, the asking price is sometimes a suggestion and the house is then only worth what a buyer is willing to pay for it. Of … (3 comments)
|
|
|
|
The three things that sell real estate are often said to be Location, Location, and Location. Depending on the market condition, whether it's a buyer or seller's market, price plays a big part in the equation. When it's a seller's market like we are currently experiencing, sellers are pretty much getting their asking price and then some. In multi-bid situations, the sold price is often much higher than the asking price.
;)
;)
;)
