buyer's markets
Shoppers have leverage
Buyer's markets are economic conditions where supply exceeds demand, giving purchasers the advantage.
When inventory is plentiful and sellers compete for fewer buyers, prices drop and negotiations favor the buyer: It's a buyer's market right now—houses are sitting for months.
The opposite is a seller's market.
- sellersThose who offer wares
- motivated sellerVendor eager to close
- oversupplyExcess beyond demand
- surplusAmount exceeding requirement
- fire saleUrgent, deep-discount liquidation
negotiation · real estate · asking price · competitive bidding · price comparison · deflation · price war · stocks · economic downturn · automobiles · investors · recession · wholesalers · bargaining power · bulk purchasing · commodities · consumers · retailers
buyer's marketsseller's markets
Low supply, high demand
sellers' markets · supply shortage · undersupply · bidding wars · competitive markets
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