Seller or buyer: who is stronger in the country real estate market?
The question of who is stronger in the country real estate market - the seller or the buyer - depends on the current market situation. During the period of increased demand for country houses, which was observed during the pandemic, it can be said that sellers were in a more advantageous position. The emergence of new demand led to an increase in prices and a decrease in the time needed to sell the property.
However, in a balanced market, where supply and demand are close, both sides have their strengths. Sellers may hope to maximize profits, so it is important to prepare the property for presentation to attract buyers. On the other hand, buyers, having access to information and many alternatives, can insist on better deal terms.
The situation may also vary depending on the region. In some places, demand for country real estate may exceed supply, while in others, the opposite is true. In addition, economic factors such as borrowing levels or changing preferences may also impact the market. Ultimately, the success of a deal depends on both parties approaching it intelligently and understanding their needs and constraints.
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