Orlando Real Estate-Bidding Wars
For quite some time during the real estate bubble and its subsequent burst, buyers had control over real estate
transfers.
Sellers were willing to accept anything reasonable, as generally they wanted out of their commitment...
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Orlando Real Estate-Bidding Wars
For quite some time during the real estate bubble and its subsequent burst, buyers had control over real estate
transfers.
Sellers were willing to accept anything reasonable, as generally they wanted out of their commitment to their
home before prices dropped even further.
This is no longer the case.
Sellers are once again in control, enforcing their
asking prices and willing to hold out until the best offer comes along.
A Seller’s Market
According to information obtained from Prithi Daswani of Centurion Realty Group, not since 2005, have we seen sellers
unwilling to compromise on low offers and terms when selling their home.
Once again they are demanding closing costs,
enforcing escalator clauses and walking away from prices they consider unreasonable.
Home sales in the southern
United States are definitely following this national pattern.
When buying a house in Orlando, the buyer can expect to
actually negotiate with the seller rather than assu
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