Milen Cerino's (realtormilen) Blog

1. If our houses are not being shown, it means the agents think our prices are too high for that neighborhood. RECOMMENDATION: A SIGNIFICANT PRICE ADJUSTMENT. 2. If our house is being shown, but we are not getting any offers, it means the Buyers are finding better homes for the money. RECOMMENDAT...

The market forces of supply and demand help determine whether it is Seller's or Buyer's Market. When the supply of homes is high,the sence of urgency for buyers lessens. Buyers can be more selective and may get more power during the negotiations. In turn, sellers may need to lower their asking pr...