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Sellers Market, Sellers Market, Now A Waiters Market

By
Real Estate Agent

Sellers Market

You have heard of a seller's market. Inventory is low demand is high prices are going up. Listings are getting multiple offers, sellers are netting more than list price even after paying commissions. Things are really good for a seller.

Buyers Market

Of course to be followed by a buyer's market. Inventory is up demand is low, buyers are getting concessions from sellers such as closing cost, down payments, appliances... Things are really good for a buyer.

Waiters Market

But this waiter's market, I never heard of it before. This is when the seller's market is over and inventories are high, interest rates are phenomenal, jobs are... continued

Comments(9)

HomesByOwner of Jefferson City
HomesByOwner.com - Jefferson City, MO
Thank you for sharing your post with us all, I really enjoyed it,thank you and keep posting
Apr 06, 2008 01:06 PM
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert
Waiters market is pretty true, but I think its also true we are close to the bottom and there is not much difference from ALMOST BOTTOM and bottom so people should get moving.
Apr 06, 2008 01:09 PM
Cyndee Haydon
Charles Rutenberg Realty - Clearwater, FL
727-710-8035 Clearwater, Beach Short Sales Luxury Condos &Homes
Rob - you're writing is on fire - loving your posts!Waiter's market - all too familiar!!
Apr 06, 2008 01:50 PM
Utah Dave
UtahDave.com Neighborhood Experts - South Jordan, UT
Homes for Sale - Utah
Im not in love with the name at all though.    It kind of looks like its implying that people should...WAIT. lol   Good post Rob and thanks for the nice compiment.
May 02, 2008 12:59 AM
Anonymous
Reminds me of the movie WAITER

The movie waiter, when the buyer waits for the seller to turn and look then.. Bamn show's them the junk!

Jul 14, 2008 05:21 PM
#5
Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

Good post and love the profile picture. Have a great holiday season and an even better 2009.

Terry Miller

Dec 21, 2008 04:10 AM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Rob

That waiters market holds some water; at least things are looking up.

Jun 02, 2009 09:59 AM
Debbie Aldrich
The Watts Group Real Estate - Cottonwood Heights, UT
Salt Lake City Realtor - Salt Lake County, Cottonwood Heights

Rob

It's great that the market is taking off well.

Jul 27, 2009 04:32 PM
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003

Rob: I've never heard the term before. There does seem to be a lot of waiting on both sides of the fence.

Jul 27, 2009 04:40 PM