5 Advantages Of Buying In A Buyers Market

Written by Posted On Thursday, 26 February 2015 22:05


When the number of homes on the market outnumbers the number of buyers, you're looking at a buyer's market and homebuyers are in a stronger position to bargain. Here are five advantages buying to buying in a buyers market.   


 1. Lower sales price 

Sellers are more willing to negotiate on price because they know if they refuse to accept your purchase offer, they might not receive another. When fewer homes are selling,, prices typically fall. 


 2.Buyers can command concessions 

Buyers can ask sellers to pay their closing contingent on that their lender will allow the credit. Buyers can also ask sellers to pay for special reports such as a pest inspection and a home warranty  


3. Contingent offers are more acceptable 

Sellers are more willing to accept a contingent offer that is dependent on the buyer selling the buyer's existing.  


4. Request for repairs easily negotiated 

If the home is in need of minor and major repairs , sellers will often credit the buyer for the repairs or fix the problem(s) noted by a home inspector.  


5. Buyers control the transaction Buyers can ask for longer inspection periods, extend closing deadlines and ask for early possession. - terms that would be automatically rejected in a seller's market. 


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Josh Feinberg

I’m super excited and passionate about what I do and take pride that a lot of my business is word-of-mouth referrals that has created many long-term relationships with people who have bought and sold through me repeatedly over the years. I ‘m more than just a realtor I’m an advocate, facilitator and expert in Phoenix’s often intricate real estate market. 

For ten years I’ve helped my clients in setting realistic expectations by considering such factors as budget, desired location and the event of a sale, I’ve helped achieve for them the maximum selling price. Having expertise and experience in the ever changing Phoenix real estate market dramatically has helped shape the decisions of my clients through the complex process that real estate has become.  


10 Years Of Experience 

• Expert knowledge of the Scottsdale,Paradise Valley and Phoenix area

• Skillful negotiating skills

• Innovative marketing ideas

• Extensive knowledge of the mortgage industry

• Excellent communication skills

• Outstanding personal service



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