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                                                                  Charlotte Real Estate Information                                         "It's A Whole New Ballgame"
AtHomeCharlotte                TakeMeOutToTheBallgame!                 GotAlottaCharlotte            MVP 
                                                                  Charlotte Real Estate Information                                         "It's A Whole New Ballgame"
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7th 
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Buyer-Sixth Inning - Market

Pitch 1 - Buyer’s Market

  How is a buyers market identified? Simply: More product than buyers. In a buyer's market, some people think they have all the time in the world to shop and then to hammer on the desperate seller. Good houses in good condition in good locations still move quickly. Do the same home work, be market savvy, ask for concessions and keep your head about you. What goes around comes around.  

Pitch 2 - Seller’s Market

How is a seller’s market identified?
Seller’s market: More buyers than product and lots of For Sale By Owner signs. Sellers' markets are really interesting. The market seeks a new level, people become their own agents, people bid for houses and houses often sell for far more that the seller's ask...it is a time to be careful. Markets are cyclical and what was fought over a year or two ago maybe over valued for today's market. Be prudent.

Pitch 3 - Balanced Market


  The in-between market is hard to define. The activity slows and interest rates perk a little. The market is always cyclical. Coming off a buyer's market is difficult because agents are busier, make more money then...a seller's market is different because the repeat and referral business is the best for seasoned players, new agents have to scramble...leveling off gives everyone and the market as well a chance to level, to balance itself. 



Click here for 7th Inning-Negotiations
Coach's Tips






Pinch Hitters


The Shopper
One perception may be that in a buyer’s market, there is time to look at everything.

The Dealer
Another perception may be that in a seller’s market, a buyer can save money by dealing with the owner directly.

The Thinker
Getting a really good deal in any market may be a bad deal for the long haul. It is always important to ask the question , “ Will I be able to get out?”.
 
 




Angel Advocate 1
In a buyer’s market do I have all the time I need in making a selection?
Angel Answer:
  No. A good house will still move quickly.
Angel Advocate 2
I found a house FSBO
(For Sale By Owner) that was darling. Two other people made an offer at the same time.Is this unusual in a seller’s market? 
Angel Answer: No 
Angel Advocate 3
I am a first time home buyer. I want to look at everything. Is this usual? 
Angel Answer: 
Yes. 
Learn More from your Angel Advocate
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