The Definition of a Buyer's Market In real estate sales, there are essentially three types of markets. There is a buyer's market, a seller's market, and a balanced market. The differences between buyers' and sellers' markets are like night and day. Real Estate markets go through cycles. The real estate market never stays the same as outside forces change it in one direction or another. When there is a buyer's market in place, more homes are available for sale than people looking to buy them. ...| Maximum Real Estate Exposure
Are you wondering what dual agency is and how it works? One of my duties as a real estate agent is to explain how agency law works in Massachusetts. I must present agency law at my first meeting with a prospective buyer or seller client. State laws require agents to do this. It is something I take seriously. Real Estate agents can essentially do one of three things: represent a seller, a buyer, or both. There are two types of dual-agency transactions. One is acceptable, and the other is not. ...| Maximum Real Estate Exposure