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

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From cocktail parties to backyard barbecues, it seems like everyone around you is talking about how hot the real estate market is. So does that mean you’re in a buyer’s market or a seller’s market? Like stock prices, the real estate market fluctuates. It can affect: How you prepare your home for sale.

Marketing 109
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Buyers: Here’s Your Negotiation Strategy for When the Appraisal on a House Comes in Low

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Here’s how it works: The appraiser will find at least three nearby comparable homes ( “comps” ) that are about the same size and age as yours, which were sold recently (typically within the past three to six months), and the appraiser will then use regression models and their market knowledge to come up with the value of your coveted property.

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Sell Your House for Cash: For Some, the Convenience Can’t Be Beat

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While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.