
Making an offer in a Seller’s Market A Sellers’ Market is basically a market where demand exceeds supply. Currently there is a demand for beachfront land as beachfront rentals are popular, also there is a demand for low income properties. With this said, if you are buying in a seller’s market Be prepared to make your best offer, if it is a property that you are truly interested in getting. Be prepared to offer full price or above asking price again if this is a property you feel like you must have. Your real estate agent can advise you on the most recent comparable sales which you can use as a basis for your offer. However, be open to the advice of your agent, in the case of multiple offers on a property, due to the lack of inventory and the demand for properties you may have make an offer higher than the compared sale if you want to win the bid. If you are not prepared to make a higher offer, then perhaps you would want to consider tightening your conditions on the off...