Buyer's Market or Seller's Market? As a Seller, You Decide

Buyer's Market or Seller's Market? As a Seller, You Decide

March 24, 2024•1 min read

The state of the real estate market is a hot topic. Is it a buyer’s market or a seller’s market?

Joe Gonzalez’s answer might surprise you: if you’re selling, you get to decide.

A mixed market

Joe describes a market with three kinds of sellers:

  1. Overpriced listings sitting for months because the sellers don’t trust the value of their home
  2. Homes listed at $1 or extremely low prices, because nobody knew how to price them
  3. Properly priced homes getting showings and quick sales

How pricing decides your market

Price your home attractively and correctly:

  • Lots of showings
  • Lots of interest
  • Often multiple offers
  • You’re in the driver’s seat, and it’s a seller’s market for you

Price too high and “shoot for the moon”:

  • Crickets
  • Maybe a showing or two
  • If an offer comes, the buyer has the leverage
  • It becomes a buyer’s market for you

The best move

Get your home properly priced and list it within that range. That’s how you take control.

Why clients love working with Veronica

The team also shared the story of Ryan and Nancy, first-time buyers who chose Veronica because they’d been friends since university:

“The whole process was super simple, super easy. She was really knowledgeable and helped answer every single question we had about being first-time home buyers… It wasn’t really like a client-realtor relationship. It really seemed like everyone was treating us as friends.”

Ready to take the driver’s seat?

Call 289-276-1716 or get your home value.

Joe Gonzalez

Joe Gonzalez

Joe Gonzalez is the Broker of Record at Right Choice Happenings Realty Ltd. Brokerage. Born and raised in Wainfleet, he has helped Niagara families buy and sell since 2013 and was named the Niagara Association of REALTORS® Marketer of the Year in 2019.

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Right Choice Happenings Realty Ltd. Brokerage. Proudly serving Welland, Fonthill, Port Colborne, Wainfleet and all of Niagara.

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