To say that the market of houses and apartment is wild would be an understatement. Ever since the beginning of the pandemic, the prices have been skyrocketing and things that were happening were quite extraordinary. For those looking to buy a property thing are beginning to calm down. If I were to address the sellers now, I would warn that of their waning power. Chasing unrealistic prices may backfire and buyers are taking notice of the successful strategies they can deploy.
- It’s currently a buyers market, and sellers will have to accept that or wait to sell their home.
- With mortgage rates higher than ever, buyers are going to be more sensitive to their price.
- Be prepared to negotiate and try not to be too pushy about a particular price if you want to succeed as a seller.
“This is coming from a good place, and it’s based on observations and what I’m hearing from real estate professionals.”