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Thursday, May 30, 2013 - 11:58am
Selling your home? The cards are apparently in your favor.
Sellers are now calling the shots on home deals. That's according to a survey by Century 21 Real Estate. It found 42-percent of people shopping for homes have placed offers in the past six months, yet only 11-percent of the bids were accepted.
With fewer homes for sale and more buyers coming onto the market, sellers are less willing to negotiate.That has caused buyers to rethink their positions. 85-percent said they're willing to compromise to close the deal.