How Do You Negotiate in a Sellers' Market in Sharon MA
By Nina Rogoff, Wix Websites for Real Estate Agents
How do you negotiate in a Sellers' Market in Sharon MA This is the second year in row that we've had a strong Sellers' Market in Sharon MA. The term "Sellers' Market" refers to a market in which there is more demand that there is inventory. In Sharon, the Sellers' Market is so strong that if no new listings came on the market, the current inventory, in most price ranges, would be sold in about 2 1/2 months! Generally, a balanced market is about 5 to 6 months of inventory. Above 6 months is considered a "Buyers' Market"; meaning more than enough inventory to meet demand. Just because it's a Sellers' Market DOESN'T mean that Sellers can list their homes for astronomically high prices that don't reflect the market value. The most important thing in helping sellers AND buyers understand the...
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