buyer's market

Purchasers hold power

A buyer's market is a market condition where supply exceeds demand, giving purchasers the advantage in negotiating prices and terms.

The phrase appears most often in real estate: With so many houses sitting unsold, it's definitely a buyer's market.

The opposite is a seller's market.

realestate

inventory

Catalog of held assets

listingsPublished directory contents
propertiesQualities or owned assets
housingDwellings or protective covering

sellers · foreclosures · short sales · closing costs · inspection · contingencies · mortgage rates · bidding · escrow · relocation

advantage

leverage

Borrowed capital for amplified returns

negotiationDiscussion seeking mutual accord
bargainingNegotiating mutually acceptable terms
opportunityFavorable circumstance for advancement

favorable · beneficial · flexibility · options · choice · abundance · surplus · oversupply · competition · incentives

pricing

bargain

Favorable purchase price

discountReduced price offered
dealAgreement or distribution
affordableReasonably priced

savings · value · markdown · reduction · underpriced · low-cost · negotiable · price cuts · depreciation · deflation

Categories

business termsfranchising, revenue stream, board meeting, gross margin, markdown
buyer's terms
real estatehouse, home, apartment, property, sale
property appraisalappraiser, real estate appraisal, home value, assessor, tax assessment

Opposites

market power dynamics

buyer's marketseller's market

Conditions favoring vendors

supply shortage · competitive market · undersupply · housing shortage

Family

buyer, buys, buying, bought, buyable, buyout, market, markets, marketed

Familiarity: Top 100,000
Profile: Used worldwide · Timeless · Abstract · Rated G