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Today’s Homebuyers Want {Decrease|More affordable} Prices. Sellers Disagree.

Today’s Homebuyers Want {Decrease|More affordable} Prices. Sellers Disagree.

The uncertainty {the planet} faces today {because of the|as a result of} COVID-19 pandemic is causing so {a lot of things} to change. {{The real|The true} way we interact,} {the way we {conduct business},|{the true} way we {conduct business},} even {just how} we buy and {market} real estate is changing. {It is a} {instant} that’s {actually|also|perhaps|possibly} sparking some {purchasers|customers|potential buyers|consumers|clients} to search for {an improved} deal on {a house}. Sellers, however, {aren’t {supplying a} discount these days;|aren’t {supplying a} discount these full {times};} they’re holding {constant|stable|regular|continuous} on price. <{period} id="more-42147">

According to {the newest} NAR Flash Survey (a survey of real estate agents from {in the united states}), agents were asked {the next} two questions:

1. {“Have {all of your} sellers recently reduced their price to attract buyers?|“Have {all of your} sellers reduced their price to attract buyers recently?}”

Their answer: 72% said their sellers {haven’t} lowered prices to attract buyers {in this} health crisis. 

2. {“Are home buyers now expecting lower prices?}”

Their answer: 63% of agents said their buyers were {buying} price reduction of {at the very least} 5%.Today’s Homebuyers Want Lower Prices. Sellers Disagree. | Simplifying {THE MARKETPLACE}

What We {CAN SAY FOR CERTAIN}  

In today’s market, {with everything changing and ongoing questions around {once the} economy will bounce back,|with everything changing and ongoing questions around {once the} economy shall bounce back,} it’s interesting {to notice} that some buyers see {this time around} as an {possibility to} win big in the {housing marketplace}. {Alternatively}, sellers are {a lot more} confident {that they can} not need {to lessen} their prices {to be able to} sell their homes. Clearly, {you can find} two different perspectives at play.

Bottom Line

If you’re a buyer in today’s market, {{you will possibly not} see many sellers lowering their prices.|{may very well not} see many sellers lowering their prices.} If you’re a seller and don’t {desire to} {decrease your} price, you’re {not by yourself}. {When you have} questions {on how best to} price your home, {let’s connect today {to go over} your real estate needs {and then} steps.|today {to go over} your real estate needs {and then} steps let’s connect.}

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Oliver and Devinee Overton-Morgan
Morgan Property Solutions
Orlando Property Management
Orlando Property Manager
Property Manager in Orlando
Orlando Real Estate

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