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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

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To help us understand both buyer’s and seller’s markets, we spoke with top real estate agent Kim Rock. The 13-year industry veteran has a track record for selling homes fast — her listings close 65% quicker than the average Philadelphia agent. Factors that lead to a seller’s market. How quickly your home will sell.

Marketing 107
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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

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In this type of market, sellers have an advantage in negotiating better deals — they’re likely to sell their homes faster and for more money than they would be able to in a buyer’s market. For example, if there are 1,500 homes for sale and 500 pending sale, the market would have a three-month supply of homes.