.....................CHOOSING ELDERS IS CHOOSING SUCCESS!!...................................
CHARACTERISITCS OF EACH MARKET
Sellers Market· Fewer homes for Sale
· Shorter average time on market
· Prices may trend upwards
· More Buyers
· Prices become the Issue not time
· More Sales volume
· Power to negotiate may be with the Seller
Balanced
· Market moves at a good rate
· Prices are relatively stable
· Supply meets demand
Buyers
· Over supply of homes For Sale
· Lots of For Sale signs
· Longer than normal sale times
· Fewer Buyer at Open days
· Prices may be trending down
· Can be difficult to keep good relations between the agent and the Seller
· Seller has less power to negotiate
· Seller must meet the market to achieve a sale