Buyers should be taking advantage of slowdown rather than timing the market. Timing the market has proved nearly impossible for many experts or savvy consumers. The best advice I could give clients (and myself) is to remain cautiously active in these uncertain times. The opportunities I am seeing at the moment for buyers are significant compared to two months ago, and we have produced some incredible outcomes for buyers and sellers in recent weeks.
Committed sellers are showing more flexibility to successfully get transactions done, which is easing market conditions and offering more transparency in the negotiation process. It is also worth noting that some freehold properties with offer dates are backfiring.
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Dr Divya Sampati