SO, WHAT IS A BUYERS AND SELLERS MARKET?
Whereas, a sellers’ market is the direct opposite of a buyers’ market. That is to say, the demand for real property is larger than the supply. People or buyers have more money to spend on real property, so sellers will often see several buyers competing to buy their properties which pushes up the prices of their properties as a result. This means that buyers will have to spend more money to get what they want. This situation is very ideal for sellers because they often get a very good price for their properties. And in such market situations, buyers will have to use and apply a combination of other creative buying techniques such as “Lemonading” for instance in order to entice sellers to sell them their properties on soft terms and conditions. I discuss in greater detail what “Lemondaing” is in this e-course here -> bit.ly/2yYJz0r if you wish to know what this is that is.
Moreover, aside from the above two discussed real estate market types, there are other three more basic real estate market types. And these are: Cyclical, Linear and Hybrid Markets.
Not sure as to what market your local real estate market is in? Well, then get in touch so we can provide you with some current local economic indicators to help you ascertain as to which market you are currently in in your country!
So, until next time, go well in your real estate searching, buying and/or investment endeavors.
I love to hear your comments. Both positive and negative ones are all welcome.
So, go right ahead and drop a comment in the comment box below or simply Call / Sms +260 955 168754 for instant feedback!
NOTE: Looking for property to buy, rent or simply looking to sell your own property as quickly as possible and not sure as to what strategy to use and apply in order to help you sell your own piece of real property in record time? Well, then get in touch with David Kapalu – our Principal Agent - using the following contact details: +260 955 168754 / +260 966 388525 / +260 977 805045 or simply WHATS-APP him on: +260 966 388525 or alternatively visit this very Web-page by clicking HERE or see other current property listings on this Facebook Page Link here -> www.facebook.com/DavikRealEstateAgencyZambia
More About David Kapalu - The Author
Therefore, Call/WhatsApp/Sms him right now on +260 966 388525 and contract him for one on one real estate investment advice!
He also stands ready to be booked for speaking engagements as well as offer free and paid radio and television interviews with any individual or organization interested in him sharing his deep insight and understanding of real estate matters as well as offer legal advice pertaining to land rights and ownership in the Zambian Market Land Scape!
STILL Want to Know More about David Kapalu? Well, Then Go Here for Details -> bit.ly/2q7wldB.