Six reasons even experienced professionals find a falling market tougher
A softer property market brings tougher negotiations, more hesitant buyers and difficult conversations for agents, with even experienced professionals having to navigate greater uncertainty.
A softer property market can make buying more complicated, with nervous buyers, cautious vendors and tougher negotiations creating challenges for agents. (Image source: Studio Romantic/Shutterstock.com)
Many assume that a buyers agent’s life becomes easier in a softer market.
Softer prices, limited competition and happy clients nabbing a bargain.
These are the assumptions that seem to float to the top of their mind, however, it couldn’t be more different. A bear market is harder work for everyone, buyers included.
Firstly, they are tough on vendors, particularly those who have a burning need to sell. They may have committed financially to ano…
