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seller's market

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Seller's market
Market in which demand exceeds supply. As a result, the seller can dictate the price and the terms of sale.

seller's market

A market in which there is very little desirable property for sale and a multitude of buyers attempting to purchase.Sellers can afford to demand low commission rates from agents who are hungry for listings, refuse to negotiate the price, and refuse to allow contract contingencies. Contrast with buyer's market.



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