• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Choice Realty & Management

Realtor Bloomington Indiana

  • Services
    • Maintenance
    • Management
    • Rentals
    • Sales
  • Search
    • Search Listings
    • Request Showing
  • Seller Info
    • Why Choose Us
    • Marketing Plan
  • Buyer Info
    • Buyer Questions
    • Home Purchasing Steps
    • Buying Tips
    • Loan Application Checklist
    • Moving Tips
    • Home Maintenance Checklist
    • Buyer’s FAQ
    • Process
    • Tips
  • Rental Info
    • Maintenance Request
    • Tenant Q&A
    • Investor Q&A
  • Community
    • Bloomington
    • Links
    • Resources
  • Team Info
    • Contact Us
    • About Us
    • Meet Us
      • Lori Todd
      • Brad Sigler
      • Brandi Markland
      • Dahnavon Clephane
      • Dena Dobson
      • Stacy Bex
      • Wendy England
      • Lindsey Martin
      • Tonya Clark
  • Blog

Seller’s or Buyer’s Market?

March 12, 2019 by Lori Todd

We often here about Seller’s Market or Buyer’s Market. There are many factors that may determine what kind of market we are experiencing but the biggest factor of all is Inventory. With low inventory and high buyer activity, new listings can receive offers within hours. With a lot of inventory and low buyer activity, we can see listings sit for months on the market. Pricing also will be affected by inventory. In multiple offer situations, we can see prices edge up while price reductions usually result when homes sit on the market too long. We are a bit spoiled right now. We’ve been experiencing a Seller’s Market for quite some time now so when a house hasn’t sold within a week, sellers question the process. The most important preparations for a seller is to have the house ready to show when it hits the market and buyers need to be prepared to make quick decisions if they want to secure a purchase in today’s market.

Filed Under: Uncategorized

Footer

Choice Realty and Management
1715 S. Walnut St.
Bloomington, IN 47401
P: 812-331-7353
F: 812-331-4525
Hours: 9:00am to 5:00pm

  • About Us
  • Community
  • Tenant Portal
  • Seller Info
  • Owner Portal

© 2021 Choice Realty | Site by Triple R Marketing.