A Seller’s Market is a situation in which demand exceeds supply, while a Buyer’s Market is a situation in which supply exceeds demand.
offers
There are several scenarios in which a buyer may get their contract deposit refunded without penalty.
Regardless of the owner's decision to accept an offer, prospective buyers ultimately need the approval of the co-op board in order to close on the property.
Of all the components that make up an offer to purchase real estate, price is by far the most important. After all, the goal of the buyer is to pay the least amount a seller will accept.