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  • Is it buyer or seller market currently

    You would think that any buyer with a mortgage offer from before the last week or so is in an unassailably strong position? Any replacement buyer would be paying 1-2% more on their mortgage.

  • I would think that most buyers have spent x amount of time looking and once decided to buy, won't piss about for the sake of pennies compared to the whole deal.

  • As you say, that argument applies to both sides. But as a seller I wouldn’t blow up a deal for pennies because I suspect you’d get 5-10% less if you remarketed the property right now.

    I think the strategy has to be to say “no” initially but give in if they push it. No point getting emotional about it.

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