Not only is it taking longer to sell homes in the current real estate market, but it's also taking more time to negotiate most purchase contracts. Factor this into your game plan as you forge ahead in the new home-sale market.
Some people have an adverse reaction to negotiation. They would rather state their price upfront, along with a message to the other party to either take it or leave it. Last year, that approach worked fine. In fact, it was the only option for some buyers in multiple-offer situations; their first offer had to be their best offer or they were out of luck. more...
