A seller's market is a market condition that occurs when there are fewer homes than buyers, and many buyers are in a good position to compete with one another for homes. In a seller's market, home prices are high, and can go higher because of bidding wars. Buyers who want to be successful must be fast when they make their offer, and offers they make must be good. Here's what you need to know.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
Know What You Want
A buyer who knows exactly what they want can make an offer confidently. A buyer who knows exactly what they want may also feel more comfortable making a more competitive offer as a result.
…