Seller's Market - How To Discuss
Seller's Market,
What Does Seller's Market Mean?
A situation where there are more buyers than sellers, which often leads to higher prices.
https://www.youtube.com/watch?v=dtuaYc143vg
Literal Meanings of Seller's Market
Seller:
Meanings of Seller:
People who sell things.
Products that are sold in a particular way.
Sentences of Seller
Street vendors selling newspapers, flowers, etc.
This game will definitely be the best selling game of the year.
Synonyms of Seller
purveyor, supplier, trader, stockist, merchant, retailer, shopkeeper, dealer, vendor
S:
Meanings of S:
Seconds)
Article (one part)
Shilling (E)
Not married.
Solid
Son (in lineage) (languages)
The position of electrons and orbits with zero angular velocity and perfect balance.
Distance (in mathematical formulas).
Market:
Meanings of Market:
Advertise or advertise (something)
The area or environment in which business transactions take place.
Sentences of Market
Farmers go to the market
There is a vacancy
Synonyms of Market
offer for sale, vend, trade, sell, retail, merchandise, put up for sale, peddle, hawk
What does a "sellers market" mean for me? The opposite is true in the seller's market. The demand is greater than the supply. People have more money to spend on real estate, so sellers often see multiple buyers competing for their property, leading to higher prices. This means that buyers will have to spend more to get what they want.
What determines buyers market or sellers market?
- Competition in the buyer's market is greater, but not in the seller's market.
- The seller determines the seller's market price and the market determines the buyer's market price.
- In the seller's market, the supply is limited, but in the buyer's market there is a lot.
Is it a buyer or seller's market?
One way to determine if it's a buyer's or seller's market is to look at inventory or the number of homes for sale. If stocks are low, this is most likely a seller's market. Study the current housing market to see if your area is a buyer's or a seller's market.
Is it a buyer or seller market?
As the name suggests, a buyer's market is good for a buyer and a seller's market is good for a seller. However, remember that buyers and sellers markets are not permanent. They depend on market developments and market conditions. The market can change in favor of buyers in favor of sellers.
Is it a buyers or sellers market Query Is it a buyers or sellers market https://www.youtube.com/watch?v=-S0Y6dmDtGM What does sellers market mean for you as a buyer? The seller's market is a great time to start selling your home, as you may be getting a sale price that is higher than your sale price, or at least higher than your bottom line (the lowest price you would accept for your real estate listing). House). When you buy a house on a seller's market, you know that the seller has an advantage. Should you buy home in sellers mar…Is it a buyer's market or a seller's market?
One way to determine if it's a buyer's or seller's market is to look at inventory or the number of homes for sale. If stocks are low, this is most likely a seller's market.
How to determine a seller' s market number
Study the current housing market to see if your area is a buyer's or a seller's market. In the Redfin data center, go to Home Prices, Sales and Inventory and select your metro area. Then go to the Inventory tab and filter the results by change from one year to the next.
What happens when you sell a house in a seller's market?
This often leads to multiple buyers being interested in the same property, leading to a bidding war. The seller's market is a great time to sell your home, as you can get a sale price that is higher than your list price, or at least higher than your bottom line (the lowest price you're willing to accept for your listing).. House).
Is it better to buy a house in a buyer's market?
You may be able to buy a great home for less than the seller's price. If you're trying to sell your home in a buyer's market, the high number of homes available means your home may be on the market longer before you find a buyer.
What determines buyers market or sellers market today
One way to determine if it's a buyer's or seller's market is to look at inventory or the number of homes for sale. If stocks are low, this is most likely a seller's market. Study the current housing market to see if your area is a buyer's or a seller's market.
How to buy a car from a private seller?
- Determine your budget. Before shopping for a car, it's a good idea to know how much you can afford.
- Find a car. Take the time to find a car that fits your budget and lifestyle.
- Make sure the price is right. Nobody wants to pay more than they should for everything.
- Check the history of your vehicle with the Carfax report. Carfax Vehicle History Report gives you valuable information about the vehicle history. Status of the car title.
- Meet the seller. If you decide to take a closer look at the car, make an appointment with the seller.
- Necessary documents when buying a car at a private party. When you buy a car from a car dealer, they take care of all the paperwork during the transaction.
What car should I buy?
The Honda Accord is a good example of its position at the top of the mid-range car due to its long list of known qualities. It offers plenty of interior space for people and luggage, and the seats are comfortable for both short and long journeys. Information and entertainment and security technologies are also widespread.
Is now a good time to buy a car?
While the data suggests December is the best time of year to shop, there are other viable months as well. In other words, if you need a car in January, you don't have to wait 11 months for a good deal.
Seller's Market Definitions Seller's Market, What Does Seller's Market Mean? A situation where there are more buyers than sellers, which often leads to higher prices. [What is a SELLERS Market? Is 2020 a BUYER or SELLERS Market?] Literal Meanings of Seller's Market Seller: Meanings of Seller: People who sell things. Products that are sold in a particular way. Sentences of Seller Street vendors selling newspapers, flowers, etc. This game will definitely be the best selling game of the year. Synony…What company buys cars?
No other car buyer, not even CarMax, pays more for used cars. Plus, CarBuyerUSA buys everything from rollovers to Range Rovers. They buy $65,000 worth of cars every day, including Sundays. Nearly a third of all cars purchased have mechanical problems and many don't even drive.
What determines buyers market or sellers market in nyc
The market can also be influenced by the selling price of a home. Homes in a certain price range may have more demand than other homes. When a buyer can choose from a large number of homes in a desired area, there is a buyer's market. If there are few houses in the area, this is the seller's market.
How many months of inventory to make a market a buyer's market?
This gives them about months of stock, making this market a buyer's market. Six months of stock is considered neutral. Bigger and this is a buyer's market (more inventory means more buyer opportunities and less competition). Less and it becomes a seller's market.
Is South Africa a buyers' or sellers' market?
Supply and demand of housing influence the housing market, which then determines whether it becomes a buyer's or a seller's market. South Africa is currently in a buyer's market as economic and political factors have forced sellers to lower their prices.
Hottest real estate markets 2021
What are the signs of a seller's market?
Rising home prices over time is a sure sign of a seller's market. You can determine whether home prices in your city are rising or falling by looking at the "market price curve" for your zip code.
How to buy and sell on Facebook Marketplace?
- Log in to your Facebook account or follow this link to log in to your Facebook account.
- On your homepage, find the market symbol and click on it.
- On the main page of the market, you will see 2 options: Buy or Sell. Click Buy.
- The marketplace purchase menu will appear, locate the item you wish to purchase and click on it.
How do I sell an item on Facebook Marketplace?
List your products for sale in just a few steps. Selling a product on the market is as easy as finding it. Simple:- Tap the store icon at the bottom of the Facebook app to open the Facebook Marketplace. - Click Sell. - Take a photo of your subject or add it from your camera roll.
How do you sell something on Facebook?
It is very easy to publish a product on the Facebook marketplace. In your feed, click Marketplace in the left navigation bar. From there, click the Sell All button and select a category. Then add the product description, prices, general location and photos.
Real estate market Query Real estate market https://www.youtube.com/watch?v=j5GDajrqm8s What are the best real estate markets? Grand Rapids, Michigan. Nashville, Tennessee. Raleigh, North Carolina. El Paso, Texas. San Antonio, Texas. Fortworth, Texas. Austin, Texas. Columbus, Ohio. Madison, Wisconsin. Cincinnati, Ohio. How to determine real estate market price? Similar market analysis. Ask your broker for a Comparable Market Analysis (CMA). Real estate valuation. Hire an appraiser to inspect your home. Behavior…How to sell on Facebook?
- Choose your physical products. Before they get started, there are some restrictions on what you can sell on Facebook.
- Fundamentals of Facebook Business. If you're starting from scratch, approach your new Facebook store like a seasoned professional.
- Prepare your products for sale on Facebook.
- Create your business page on FB.
What determines buyers market or sellers market in real estate
The buyer's market and the seller's market The real estate market is determined by the supply and demand of real estate, which then determines whether it is a buyer's or a seller's market. There is more demand than supply in the seller's market, which means there are more buyers than houses for sale.
How do you know when it's a sellers market in real estate?
Check Available Inventory - In addition to state, real estate inventory can vary from zip code to zip code. That's why it's important to see what's available locally. This is basically a seller's market, with local stocks valid for less than five months from the date of sale.
Is a seller's market a good time to sell your home?
The seller's market is a great time to sell your home, as you can get a sale price that's higher than your list price, or at least higher than your bottom line (the lowest price you're willing to accept for your listing).. House). When you buy a house on a seller's market, you know that the seller has an advantage.
Residential real estate Query Residential real estate https://www.youtube.com/watch?v=rfjeMbVI5l0 What is the definition of residential real estate? Residential real estate is an area where people can live. Homes may not be used for commercial or industrial purposes in accordance with local building codes. These laws vary from place to place and can limit the number of buildings allowed in a block, as well as the types of public services that are realized in those buildings. Can I get a commercial loan on a residential pro…What are the signs of a neutral real estate market?
Signs of a neutral market. Stock is normal compared to previous normal months/years. Stocks are on the market for three to six months. Comparable sales prices are close to current price lists. Sales figures have stabilized. Average selling prices have stabilised.
Home buyers market real estate
A buyer's market occurs when supply exceeds demand. In other words, the property portfolio is high, there are many apartments for sale and few interested buyers. These conditions give buyers an advantage over sellers because when supply is higher and demand is lower, the market is forced to react.
How to sell your house in buyers market?
- Wash the windows. Potential buyers will pay attention to the windows because they provide an immediate indication of the condition of the rest of the home, say Vorteilymark's professionals.
- The kitchen is the key. The condition of the kitchen can affect sales.
- Smooth the garden.
- There will be light.
- Show fresh flowers.
- Avoid excessive customization.
- Fix your faulty DIY.
How to negotiate house price in buyers market?
- Hire a buyer. You can negotiate a home purchase yourself, but hiring a sales consultant can make the process easier.
- You know the market. A buyer's market doesn't mean you'll get a lot on your home, as most sellers know what comparable homes in the area have sold recently.
- Act honestly.
- Learn more.
What is the best real estate market?
- Austin, Texas
- Phoenix
- Nashville, Tennessee
- Tampa, Florida
- Denver
How do you know if a house is a seller's market?
In a market with strong sellers, the final selling price is usually at least 10% above the selling price. You can compare list prices to closing prices in various cities across the country with home prices over time. Rising home prices over time is a sure sign of a seller's market.
Is listing at market value the best way to sell?
"For most sellers, this is always the best strategy, regardless of the market situation." In short, if you subscribe to Market Value, you should be able to get a full quote pretty quickly. Do you take the time to sell?
What is a strong seller's market in real estate?
In a market with strong sellers, the final selling price is usually at least 10% above the selling price. You can then compare the list prices with the closing prices in different cities in the country.
How to determine a seller' s market value
Bill Gassett: Thanks Joe for taking the time to ask for my advice. In real estate, a real estate agent often determines the market value when selling a home by performing what is called a comparative analysis (CMA) of a company.
How do you determine the market value of a business?
There are several ways to determine the market value of your business. Calculate the value of your assets. Add up the cost of everything the company owns, including all equipment and inventory. Subtract debts or obligations.
What is a market value (MV)?
The market value transaction is assumed to take place between independent parties, each acting independently. “After an asset has been sold in a reasonable market” means that the asset is marketed in the most appropriate way to sell it at the best possible price.
How do you calculate the fair market value of assets?
Using the asset method, fair market value (FMV) is calculated by calculating the company's adjusted assets and liabilities. It takes into account intangible assets, off-balance sheet assets and off-balance sheet liabilities. The difference between the fair market value of assets and liabilities is the adjusted net asset value.
How to determine a seller' s market share
Divide the total revenue for the target company by the total market revenue for the entire industry. The result of this division corresponds to the specific market share of your company.
How do you calculate market share from sales?
Stephen Nicholas. A company's market share is sales, measured as a percentage of total industry sales. You can determine a company's market share by dividing total revenue or revenue by total industry revenue during the fiscal year.
What is a company's market share?
A: A company's market share is sales, measured as a percentage of total industry sales. You can determine a company's market share by dividing its total revenue or revenue by the industry's total revenue during the fiscal year. Use this metric to get a general idea of the size of the company in relation to the industry.
How do you calculate the market size of a company?
First calculate the total sales of the company and then find the total sales in the market i.e. HOURS. total turnover (or turnover) in the entire market. Divide the company's total revenue by the industry's total market revenue.
Waiving appraisal contingency Query Waiving appraisal contingency https://www.youtube.com/watch?v=Nxa3pjHzBYc Is it wise to waive the appraisal contingency? Exemption from a home emergency facility is rarely something anyone would recommend, but there are exceptions in some cases. By removing the review option, Redfin says it will bolster its offering. The seller is more confident in your offer and more likely to accept it than others. What does waiving a mortgage contingency mean?In principle, the mortgage exemption means that … Where can investors get market share data?
Investors can obtain market share data from a variety of independent sources, such as trading groups and regulators, and often from the company itself. Suppose you want to calculate a toy manufacturer's market share for the entire year.
How to determine a seller' s market price
Profit = cost of income. Sum formula: markup = 100 * (cost of income) / cost. Finally, if you want a sales price, try Revenue = Cost + Cost * Premium/100.
How to determine a seller' s market hours
A seller's market generally results in higher home prices and more competition among home buyers. Even when it comes time to negotiate, sellers have an advantage.
How do you calculate the market cap of a company?
A company's market capitalization is the value of a company, calculated by multiplying the current price of its shares by the number of shares issued. A company's market value changes by the second as the price of its stock fluctuates in the market.
Is this a good time to buy a house Query Is this a good time to buy a house https://www.youtube.com/watch?v=ZPzpPRc-BA0 What are the worst months to sell a house? By analyzing five-year data on the Toronto housing market, TheRedPin concluded that May is the best month to sell a house and January the worst. But that also makes May the worst month to buy a home. What is the best time of the year to buy a house?It's time to buy. According to experts, January is the best time of year to buy a home in terms of price, mortgage and interest… How do you determine the size of a market?
This is how the market size is determined. To estimate the size of your market, look for leads or trades by year. For example, if you sell toothbrushes, almost anyone can offset your total market bill.
How to determine a seller' s market cap
To calculate the market capitalization of a stock, you must first calculate the market price of a stock. Take the last updated value of a company's stock and multiply it by the number of shares outstanding to determine the value of the stock to traders. Another way to determine the value of a stock is through its price/earnings ratio.
What is market cap and how is it calculated?
Market capitalization or market capitalization is the total value of all the shares of a company. It is calculated by multiplying the share price by the total number of shares issued.
How to calculate a company's market capitalization?
Simply put, a company's market capitalization is calculated by multiplying the price of its shares by the number of shares issued: a company's market capitalization is first determined during the so-called initial public offering (IPO).
Websites to sell stuff locally
Why is it important to know the market cap of a company?
Knowing a company's market cap is more useful than just knowing the price of its stock. This is because a company with a high share price may be worth less than another company with a lower share price but more issued shares. But even market capitalization doesn't necessarily indicate a company's fundamental value.
What is the market cap of a company with 50 million?
For example, a company with 50 million shares and a price of $100 per share would have a market cap of $5 billion. Stocks are often ranked based on the market value of the company.
Is it possible to buy a home in a seller's market?
A seller's market generally results in higher home prices and more competition among home buyers. Even when it comes time to negotiate, sellers have an advantage. But even if the real estate market shows the seller's market and the competition is very strong, you can be sure that you can buy a home.
How to calculate the average selling price?
The formula for the average sales price is: Average sales price = total product sales number of products sold. Now that you understand the average sales price and how it is calculated, let's apply this concept to the actual sales price and apply these formulas. to a stage.
Does Amazon Deliver On Sunday?
What are the ferferc asset reporting requirements?
The FERC also accepted proposals that while sellers are no longer required to report the assets of their affiliates to a market price authority, sellers should include in their relational databases all assets of their affiliates that do not have a market price authority..
How to determine a seller' s market size
How big is the market? Market size is the total number of potential buyers of a product or service in a given market and the total income that these sales can generate. It is important to calculate and understand the size of the market for several reasons.
How do you calculate market size for a business?
To calculate the size of your market, you need to understand your target customers. Measure the interest in your product by researching your competitors' sales and market share and by conducting personal interviews, focus groups or surveys. Your goal is to determine how many people in your target market are likely to buy your product.
How do you calculate market size for a ■■■■■■ store?
How to Calculate the Market Size: First, you want to know the number of ■■■■■■ stores in the US; This will help you determine the general market where you could theoretically sell your product. If you do your research, you will find that there are 50,000 ■■■■■■ stores in the United States.
Buyers' Market Definitions Buyers' Market, How To Define Buyers' Market? Synonyms See key terms Soft market Meaning of Buyers' Market: Buyer market refers to a situation where supply exceeds demand, and buyers benefit from sellers negotiating prices. A buyer's market is a situation where supply exceeds demand, and buyers benefit from negotiating prices. The buyer's market is often used to describe conditions in the real estate market, but it can be applied to any type of market where supply exceeds demand. The sell… Should you limit the home seller's time to sell?
Limiting the salesperson with a deadline can cause stress if he's probably already overwhelmed. Give the home seller some time and give them the chance to move in at a time that suits them best.
What is time and sales in stock trading?
What is time and income? Time and sale, also known as a "series", is a record of all trades for a stock during a trading day and usually includes the trade size, price and time. The tape gets its name from the mechanical teletype tapes used in the late 1800s and early 1900s.
How do you estimate the market value of a house?
This is the primary method used by professional appraisers and real estate agents to determine the market value of real estate. Start by researching recent sales of comparable homes in the area. The sales prices of this home are a good starting point for estimating the value of your home.
What does sellers market mean for you as a buyer?
The seller's market is a great time to sell your home, as you can get a sale price that is higher than your list price, or at least higher than your bottom line (the lowest price you're willing to accept for your listing).. House). When you buy a house on a seller's market, you know that the seller has an advantage.
How to make an offer on a house Query How to make an offer on a house https://www.youtube.com/watch?v=Pr1c7krX6s0 How do you put an offer on a house? Home Bidding Learn how the home bidding process works. Choose a starting price (with the help of your broker). Identify your contingencies and other details of the proposal. Decide how much money you want to deposit. Consider writing an offer letter at home. Submit your proposal. How many homes should you see before making an offer?Go through three to five houses a day, and if it's n…What does it mean to be in buyers market?
The buyer's market occurs when the domestic market favors home buyers. The market can be defined by any parameter such as geographic region or price range. The market is favorable for buyers when house prices are relatively low and a large number of apartments are available at any given time.
How to buy a home in a seller's market?
- First, get your finances in order.
- Move quickly when you find the house you are looking for.
- Do not judge directly based on the photos on the list.
- Be realistic about inspections and repairs.
- Start with your best offer.
- Write a personal letter to the seller.
- Make a big down payment.
- Please bid for a replacement.
- Consider eliminating or reducing unexpected costs.
Is it a buyer or seller market for homes
When there is more demand than supply in an area, it is called a seller's market. This is a case where more buyers are looking for homes, but there are very few products for those buyers. This makes it a market for sellers as buyers are more likely to pay higher prices because there are fewer options to choose from.
What's the difference between a buyer's and seller's market?
- The buyer's market and the seller's market are generally found in the real estate market.
- A buyer's market is a market in which supply exceeds demand.
- On the other hand, the seller's market favors the seller because the demand exceeds the supply.
Is it a bad time to buy a house
Is it sellers or buyers market?
Remember: the seller's market: there is less supply of houses for sale than in the real estate market and the demand for houses for sale is high. Buyer's market: the supply of houses for sale is greater than the real estate market, the supply is greater than the demand for houses for sale.
What is a seller's market?
Seller's Market Definition - A market where there are few products, buyers have limited options, and prices are high compared to the buyer's market.
Is it a buyer's market or seller's market now
While much of France experiences a strong market, some cities and metropolitan areas are more balanced. But wherever you live, you can rest assured that the terms are favorable to sellers, not buyers. This is the current reality for most of the country.
Is it still a seller's market?
High house prices and low inventories, fierce competition and low mortgage rates mean that this is still a seller's market and will likely remain so for much of 2021.
Real estate prices Query Real estate prices What state has the cheapest real estate? There are many factors to consider when considering investing in real estate. If you're just curious: Mississippi, Kentucky, Arkansas, Alabama and Tennessee are the cheapest states to live in the top 5 (source). These states have the lowest cost of living in the United States. [The Housing Market Is About To Go CRAZY | DO THIS NOW] How to determine real estate market price? Similar market analysis. Ask your broker for a C…Are they in buyers market or sellers market?
A seller's market is when there are fewer homes for sale than buyers. In this market, sellers can take advantage of the housing shortage and realize very favorable conditions such as higher prices, lower or no closing costs and shorter response times.
Seller's market real estate
Unlike a "buyer's market," the seller is at the top of the real estate seller's market. The increased urgency of buyers leads to more real estate transactions and a shortage of supply, which in turn leads to such market conditions.
How to price a home in a seller's market?
- Get started with your Zestimate. Zillows Zestimate is the estimated market value of your single-family home, calculated daily from millions of user and public data.
- View the recently sold home comparison. What is Comparative Market Analysis (MCA)?
- Learn from the mistakes of other sellers.
What are home sellers market?
A seller's market is when more people are buying houses than they are selling. When you buy from a seller's market, you face higher prices, more competition, and quick decisions. If you want to buy now, getting it at a fair price can be tricky.
How to become a reseller Query How to become a reseller https://www.youtube.com/watch?v=ECnsXqgRel8 What are the benefits of becoming a reseller? Provide an already approved solution. When you work with a trusted provider, their products and services are always at your fingertips. Collect monthly balances. The advantage of a reputable reseller program is the ability to create recurring back orders based on your business. Access to competitive prices. Dedicated support and training. How to create a reseller program?Creat… Is the Bay Area's real estate market still a buyers' market?
Much of the Bay Area real estate market remains in the "seller's market," with monthly single-family home sales, as tech hubs like San Francisco and San Jose have attracted significant consumer demand over the years, but San Francisco's infamous The The real estate market is struggling with a slump due to the pandemic.
Is San Francisco Bay Area the most expensive real estate market?
The San Francisco Bay Area has always been one of the most expensive real estate markets in the world and one of the most populous cities in the real estate market of the nine Bay Area counties (Alameda, Contra Costa, Marin, Napa, San Francisco). , San Mateo, Santa Clara, Solano and Sonoma) and 101 parishes.
Is the San Francisco housing market finally cooling?
Many real estate agents believe that the San Francisco real estate market has cooled, although demand in the suburbs remains strong. The pandemic has accelerated migration from major cities and it appears that most of the movements will be permanent.
How has the San Francisco home price index performed over time?
The San Francisco House Price Index has been rising for the past 26 consecutive quarters. The all-time high for the San Francisco Home Price Index was reached in the third quarter of 2018. The Home Price Index shows that the San Francisco market has grown 81% over the past 10 years. It has increased by 435% in the last thirty years.
Letgo login Query Letgo login https://www.youtube.com/watch?v=fM1S9S-Q2sU Can I use Letgo on my computer? The Letgo app is only available for mobile users. Letgo for PC is not yet available on the market. However, you can run Letgo on Windows 7, Windows 8, Windows, Windows 10 and Windows XP PC or computer. How does Letgo make money?Letgo is a completely free custom application. They make most of their money from advertising revenue. A profitable strategy is to reach millions of users and then sell advertising s…Is the housing market slowing down?
Sales rose so much that the supply of vacant apartments was unable to keep up with demand. However, it seems that the market is not slowing down, it seems that it is about to recover. Since the market is most popular in the spring and summer, there is usually a steady decline in the fall and winter months.
What is a seller in real estate?
Seller Property means the property, buildings and structures owned by Seller on the date specified in Exhibit L and where Porter's office is located.
Seller's market 2021
Overall, the real estate sales market will continue to exist in 2021. If you want to buy your own home in 2021, prepare for fierce competition. Due to the difficult supply and high demand, the housing market has become very competitive and fast. Fast sales and multiple offers are the norm in many if not most cities.
Why is it sellers market?
Suppliers market. A market in which demand for an asset exceeds supply to such an extent that its price is higher than would normally be expected. A new bond that is in high demand among investors is an example of a seller's market.
What does sellers' market mean?
• SALES MARKET (Name) The name SALES MARKET has 1 meaning: 1. A market in which more people want to buy than sell. Information about an acquaintance: SELLER'S MARKET is rarely used as a last name.
Seller's market advertising
Reasons for the emergence of a vendor market include the rise of Ad Video Streaming (AVOD) and the continued popularity of premium sports broadcasting (, NFL) alongside linear television programming.
What is a seller's market in real estate?
So if a house is worth $450,000 and is selling for $450,000, $460,000 or more, that's the seller's market. In a market with strong sellers, the final selling price is usually at least 10% above the selling price.
What does it mean when there are more buyers than sellers?
In short, it is a market in which there are more buyers than sellers. Under the basic laws of supply and demand, this means sellers have an advantage: they are more likely to sell their space quickly, perhaps not just by asking, with minimal effort or retaliation from buyers.
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