How do hot market conditions affect how buyers make offers?

In bull markets (hot / seller markets), where active, ready to offer buyers just want to buy a property, it’s easy for everyone to move up a rank.

Bargain buyers become mid-range buyers

Mid-range buyers become premium buyers

Premium buyers become even bigger spenders

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This information is of a general nature only and does not take into account your objectives, financial situation or needs. We are not financial, legal or tax advisers. You should seek appropriate professional advice specific to you before acting on this information.

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