| How can I drive the best bargain in this market? | ||
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A seller's market is not the best time to drive the best bargain. There are certain strategies buyers can use, however, to tip the scales back to a buyer's market. There are some homes which have remained on the market for a much longer period of time than others for a variety of potential reasons. The seller's market is created when there is more demand than supply, and the opposite is true if the demand is not strong. Situations like this, few and far between though they be at present, represent opportunities to negotiate without the ferociously competitive dynamics of the seller's market. In the case that the home of interest has recently come on the market, the greatest chance of getting the best price is to show other strengths or terms which are attractive to the sellers, such as quick settlement, no contingencies, strong personal financial picture, etc. |