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Mary King

Mary King
Coldwell Banker Village Green
Windham, NY 12496 AND Rhinebeck, NY 12572

Member Coldwell Banker International Presidents Circle*

845.876.4535 Office
518.734.4200x100 Office
518.965.0600 Cell

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*Top 5% all Worldwide Coldwell Banker agents
Visit my Facebook page at www.facebook.com/countryhomes4u

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Hot, Normal, and Cold Markets

Hot Market

This is an extremely competitive market and is advantageous to the seller. Sometimes, homes will sell as soon as they are listed or even before homes are listed. Typically, during a hot market, multiple offers will be made on each home and more often than not, homes will sell for more than the asking price. It is even more crucial to be prepared and to be ready as a buyer when the market is hot. It can be easy to get caught up in the bid for a home, but if you are prepared (pre-approved, solid in price range, realistic about your needs), it is easier to remain focused on your housing needs and price range.

Normal Market

In a normal market, there is a fairly large number of homes available and an average number of buyers. This market does not necessarily favor the buyer or the seller. A seller may not have as many offers on their home, but he or she may not be desperate to sell either. Again, it is the buyer’s responsibility to be prepared. During a normal market, the chances to negotiate are higher than in a hot market. As a buyer, you can expect to make offers at lower than the asking price and negotiate a price at least somewhat less than what the sellers are asking.

Cold Market

In a cold market, houses may be listed for more than a year and the prices of houses listed may drop considerably. This market is advantageous to the buyer. As a buyer, you have the time to make an offer that works to your best interest. It is not uncommon to low-ball and to find that sellers are accommodating to meet your needs. Keep in mind that even though this market is a great time for buyers, you do not want to lose your dream home by being unrealistic. Your goal is to get your dream home at the best possible price.

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Mary King,GRI
NY State Lic. Associate Real Estate Broker
Facebook page: www.facebook.com/www.countryhomes4u
www.villagegreenrealty.com

A TOP PRODUCER 
MEMBER COLDWELL BANKER INTERNATIONAL PRESIDENTS CIRCLE, 2018
(Top 5% all international agents)
Phone: Cell:518.965.0600 - USE THIS!
Office: 845.876.4535
Office: 518.734.4200x100

Email:maryking285@gmail.com
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"If you are not using Mary King you are wasting your time, money and energy. We lost 3 years with other brokers before hiring Mary and once we did, house was SOLD. As soon as she put it on the market, she was able to get showings. Mary patiently walked us though the right price, what improvements to make and was very fair yet firm about what sells in the area. Highly recommended!" trandesfirescu
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