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These factors make sellers more motivated to keep any potential buyers interested.
Here are Jordans tips for re-trading.
These arent cosmetic fixes they are problems that affect a propertys integrity, she said.
Consider Future Property Taxes
Buyers might also ask for a lower price in anticipation offuture property taxes.
Taxes affect affordability and factor into your housing overhead.
Im seeing this come up more frequently as municipalities get up to speed post-pandemic.
This could mean youre paying hundreds more a month.
Buyers get spooked when the stock market swings and then sellers feel more vulnerable, Jordan said.
Usually, this kind of reduction happens during the initial negotiations and less so in there-trade time period.
Days on market is always a sore subject for any seller whos past the 90-day mark, Jordan said.
Dont be greedy, Jordan said.
If youve settled on a fair price, be grateful and gracious and move forward.
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