Getting alignment

Buyers that are serious about buying at the moment don’t need much work on alignment. Not as much as earlier in the year anyway.

By alignment I mean, accepting market based prices for property.

As the market changes and pricing moves up or down, both vendors and buyers need help with alignment.

Vendors at the moment are needing most help with alignment, most are going into stalemate and not meeting the market. This often works badly for both sides of the transaction.

Many agents in Melbourne do a good job of getting sellers into alignment with the current market. It’s difficult though to accept less, especially when conditions have been good and have only started to slow down over the past month.

These adjustment periods can be frustrating for both buyer and seller as semi-motivated/unmotivated vendors are holding tight. This adjustment period is necessary however to reach alignment.

Read more articles