And as the market changes some will still be asking questions about seller motivations as well as responses to offers. What are some of the questions?
- Why didn’t they counter? It was a multiple offer situation. when their agent said that, it was a negotiation
- But a condo in the same complex with more upgrades sold for the same thing two months ago! Lower inventories and more buyers in the market place will cause prices to rise - regardless of product type.
- They don’t really expect to get list price, do they? Expectations are rising as prices rise. Sellers may not get their asking price but 95-96% is realistic - not an 80-85% offer.