AVOIDING BUYER FATIGUE IN A SELLER’S MARKETPosted by Cary W Porter on
WHAT IS BUYER FATIGUE?
We are currently experiencing a hypercompetitive seller’s market with low inventory and many active buyers. This quickly spirals potential homebuyers into the frustrating realm of buyer fatigue. Buyer fatigue refers to buyers who have seen so many properties, written too many unsuccessful offers, and are flat out exhausted with the buying process. Searching for the dream home can be an exhaustive undertaking and when you are losing out time and time again you start to feel like you will never win a bid.
Conversely, while all of this is great news for sellers because it means an increased sale price and shortened transaction time, it can be overwhelming for Listing agents and homeowners as well. Sellers and agents having to…
3503 Views, 1 Comments