buyers' markets
Shoppers hold power
A buyers' market is an economic condition where supply exceeds demand, giving purchasers the advantage.
Sellers compete for fewer buyers, leading to lower prices and better terms: With so many houses on the market, it's a buyers' market right now.
The opposite is a sellers' market.
- oversupplyExcess beyond demand
- motivated sellerVendor eager to close
- price negotiationDiscussing terms of payment
- asking priceSeller's stated amount
- offerProposal to provide
sellers · surplus · deflation · fire sale · competitive bidding · price war · discount · price comparison · comparison shopping · markdowns · bargain · haggling · investors · brokers · recession · wholesalers · consumers · cost-benefit analysis
buyers' marketssellers' markets
Conditions favoring vendors
seller's market · supply shortages · bidding wars · undersupply · competitive markets
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