Buyers vs. Sellers: A Real Estate Agent's Dilemma

The age-old question: As a real estate agent, do you prefer a market with more buyers or more sellers?

There's no simple answer, but let's break down both sides.

The Case for More Buyers

- **Increased Commissions**: More buyers mean more deals, which translates to more commissions for agents.
- **Scarcity Drives Sales**: A lower buyer pool can lead to a "seller's market" where competition drives prices up and properties sell quickly.

The Case for More Sellers

- **More Inventory**: More listings give agents more options to market to potential buyers.
- **Focus on Conversion**: With a wider selection, agents can focus on closing deals efficiently, rather than chasing limited buyers.
- **Adaptability**: A market with more sellers often allows for negotiation and competitive pricing, which can benefit an agent's reputation and ability to close deals in any market.

My Take: A Seller's Market, with a Twist

While commissions might be lower in a buyer's market, I believe a seller's market offers more opportunities. Closing deals is key, regardless of commission size. Here's why:

- **Affordability Matters**: As a future buyer myself, I believe a balanced market with a wider selection of properties benefits everyone.
- **Long-Term Sustainability**: Even downturns have successful agents. Focusing on adaptability and closing skills ensures success in any market.

What about you? Leave a comment below and let's keep the conversation going! (So far, Jonathan seems to be in favor of more buyers!)