Bargaining Power Is Back: 92% Of Recent Sellers Accepted Buyer-Friendly Terms
Bargaining Power Is Back: 92% Of Recent Sellers Accepted Buyer-Friendly Terms
Abstract
92% of recent sellers accepted some buyer-friendly terms and 41% accepted some contingencies to entice buyers into signing contracts. The art of negotiation is returning to the housing market, according to a new Realtor.com survey. The number of buyers asking for repairs based on the inspection results more than doubled in recent months and the number of sellers refusing to make repairs dropped to zero. Nearly all respondents (95%) who sold their home in the last month had made some updates or repairs.
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