n a seller’s market for demand and so on, it is really
real estate, buyers make just a cycle. For the next few
offers as quickly as years, buyers will have the
possible to avoid getting beat leverage. Eventually, things will
out by another buyer. In a flip and sellers will be back in
buyer’s market, however, they are power. In a nutshell, this is the
much more conservative. real estate market.
Motivating Buyers In A Slow If you are motivated to sell now,
Market you are probably wondering how
you can swipe some of the
In the recent seller’s market, leverage back from buyers. There
buyers were at a major are a number of ways, but a few
disadvantage. They had to make up in particular will help you
their minds immediately and get motivate potential buyers to act
offers in on properties as soon now and act quickly.
as possible. In some parts of the
country, the mad rush led to The first step to take has
properties not only receiving everything to do with showing
offers before they hit MLS, but your home. Simply put, you want
actually closing on said offers to show it a maximum of one time
before the ads came out. If you a week. Ideally, you want to get
were a seller, it did not get as many potential buyers in the
much better than that! home at the same time as
possible. If you can get three or
Times have changed. Now buyers four parties at the same time and
have the leverage in the real they like your property, you
estate market. While many gurus should see some pretty quick
will tell you this change is the action on the property.
result of interest rates, slowing
A second step is to define your serious low ball you because they
motivation for selling. The goal know you need to sell by such and
is to focus on the time you want such date. You can either risk it
to sell by, not so much the and hold to the property if the
reason. A drop dead date can act offers are to low or simply avoid
as a motivator for buyers to take using this strategy.
action. This is particularly true
if you tell a group of buyers In a buyer’s market, the key to
when they are at your viewing. getting offers on your home is to
When using this tactic, it is motivate the buyers. These steps
important to understand it can may just be the trick.
backfire. If you only have on
interested buyer, they may
About the Author:
Raynor James is with http://www.fsboamerica.org - FSBO homes.
Read more articles by:
Raynor James
Article Source: www.iSnare.com