Talk of The Villages Florida - View Single Post - Looks like the housing market has cooled down a lot because of record high prices.
View Single Post
 
Old 07-11-2021, 08:05 AM
Bill14564 Bill14564 is online now
Sage
Join Date: Nov 2020
Location: Village of Hillsborough
Posts: 7,452
Thanks: 2,311
Thanked 7,798 Times in 3,070 Posts
Default

Quote:
Originally Posted by Dr Winston O Boogie jr View Post
Actually, it's the seller that determines the final price. The buyer may make all of the offers that he or she wants but it's up to the seller to accept one of them. If the seller doesn't want to sell, there's nothing the buyer can do about it.
Are you implying that if the buyer doesn't want to buy there is still nothing the buyer can do about it and the seller can force the buyer to make a purchase he doesn't want to make? It seems like the buyer actually has some say in this too. The seller can ask for whatever he or she wants but it's up to the buyer to accept the price. Together, the buyer and the seller determine the price.

Yes, when buyers outnumber sellers then the sellers can pick and choose among buyers and can get more for the home they are trying to sell. But the scales are not always tipped that way and sometimes there are more sellers than buyers.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.


Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough