Monday, May 13, 2019 / by Robyn Burley
It is always changing and adapting to the supply and demand in the market.
So when it's time for you to move, do you...
"BUY or SELL First?"
The way we figure this out is by first understanding what kind of market we are entering in to and building a strategy around it.
So how do you know what kind of real estate market you are entering and what does this mean to your buy or sell first strategy?
There are 3 types of real estate markets:
→ Buyers Market
→ Sellers Market
→ Balanced Market
1. Identifying a 'Buyers Market'
If you are a buyer looking to a purchase home in a buyer's real estate market, this is the best financial market for you to buy in… but why?
It is because there are more homes available for sale than there are buyers to purchase them.
In a buyers market, sellers are often more motivated to negotiate in order to make the sale.
This means you ca ...