Tip #2 Based on market knowledge, set realistic expectations for yourself Generally speaking, the vast majority of the market today is a seller’s market, but there are always submarkets that are experiencing slightly different or even opposite conditions, so it’s best to have the expertise of a knowledgeable, full-time Realtor® in your corner to guide you in the right direction. In contrast, when inventory is in abundance and we have over 6 months of inventory, the leverage sways to a buyer’s side. In a true seller’s market, when we have less than 6 months of inventory, the more leverage a seller has. You must understand first that the real estate market follows the typical supply and demand model. Requesting repairs after a home inspection: What you need to know first Tip #1 Understand the market firstīefore you type up a two-page, single-spaced, list of repairs that must be completed prior to closing, it’s important to identify what leverage, or lack thereof, you’ve even got in the first place. Here’s how to successfully go about requesting repairs after a home inspection. What’s too much? What’s reasonable? Is there a way both parties can meet in the middle? Once a home inspection report comes back during the home buying process, many buyers wonder what they can ask for, repair-wise.
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