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Discover What Buyers Will Pay in Today’s Market

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83%

of personal wealth comes from home equity at retirement.

Determining a home’s true market value is our real estate agent’s forte. If you’re a seller, your agent will help you find your home’s market value so you can list it at the right price.

BUYERS MARKET VS SELLERS MARKET AND WHAT TO LOOK OUT FOR:

In a real estate buyers market, there is an excess of available properties for sale, resulting in lower prices and more negotiation power for the buyer. This can occur when there is a surplus of houses on the market, the economy is weak, or there is a high level of foreclosures. In a buyers market, sellers may be more willing to accept lower offers and may be more open to negotiating the terms of the sale.

In a real estate sellers market, there is a shortage of available properties for sale and higher prices. This can occur when there is strong demand for housing, the economy is strong, or there is a lack of housing inventory. In a sellers market, buyers may have less negotiating power and may have to compete with others to purchase a property. They may also have to pay a higher price for a property.

Here are some things to look out for in a real estate buyers market:

  • Lower prices: Since there is an excess of available properties, prices may be lower than they would be in a sellers market.

    More negotiation power: In a buyers market, sellers may be more willing to negotiate on price and other terms of the sale, giving you more leverage as a buyer.

  • More available properties: There may be more properties to choose from in a buyers market, giving you more options.

  • More motivated sellers: Sellers may be more motivated to sell in a buyers market, especially if they have been trying to sell their property for a long time.

  • Less competition: There may be fewer buyers in a buyers market, giving you less competition when making an offer on a property.

  • More flexibility on terms: Sellers may be more open to creative financing or other flexible terms in a buyers market.

  • Potential for a good deal: With lower prices and more negotiation power, you may be able to get a good deal on a property in a buyers market.

Here are some things to look out for in a real estate sellers market:

  • Higher prices: With a shortage of available properties, prices may be higher than they would be in a buyers market.

  • Less negotiation power: In a sellers market, sellers may have less motivation to negotiate on price and other terms of the sale, giving you less leverage as a buyer.

  • Fewer available properties: There may be fewer properties to choose from in a sellers market, limiting your options.

  • More competition: There may be more buyers in a sellers market, giving you more competition when making an offer on a property.

  • Less flexibility on terms: Sellers may be less open to creative financing or other flexible terms in a sellers market.

  • Potential for paying a premium: With higher prices and less negotiation power, you may end up paying a premium for a property in a sellers market.

  • Need to act quickly: In a sellers market, properties may sell quickly, so you may need to act fast if you find a property you like.

TRUE MARKET VALUE:

Los Angeles County's True Market Value Software

MARKETING YOUR HOME:

Marketing Your Los Angeles County Home for Sale

HANDLING NEGOTIATIONS

Handling Negotiations for buying and selling homes

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