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Buyers Sellers facts

While investigating facts about Buyers Sellers Market and Buyers Sellers Agreement, I found out little known, but curios details like:

The Ghostbusters case, that mandates sellers must disclose to buyers if a property is haunted

how to check buyers and sellers in stock market?

The commercial definition used by sellers and buyers usually call rocks with visible grains that are harder than marble as granite. They may call gabbro, basalt, pegmatite, gneiss, and many other rocks granite.

What happens at the point where buyers and sellers agree?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what do prices help buyers and sellers make. Here are 11 of the best facts about Buyers & Sellers and Buyers Sellers Agreement For House I managed to collect.

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  1. The day after agreeing to sell the Picasso painting "Le Rêve" for $139 million, the seller put his elbow through it creating a 6-inch tear. Seven years later and after a $90k repair, the seller sold it to the same buyer for $155 million.

  2. Buyers, when confronted with 3 options, avoid extremes and choose the middle option ("compromise effect") and that sellers use this effect by artificially creating higher priced or luxury products to make the middle priced product the consumer's first choice (instead of the cheapest).

  3. There is a kind of auction called the Dutch Auction, in which the seller starts at a high price, and then brings it down until a buyer is willing to pay

  4. In the case of Stambovsky vs. Ackley, it was ruled that home sellers must disclose to potential buyers if their home is haunted by spirits. This would come to be known as the "Ghostbusters Ruling."

  5. A New York Appellate Court held house to be legally haunted, - Ordered sellers return deposit b/c they did not tell the buyers it was haunted.

  6. There are stores that sell accessories & prosthetics to help women fake pregnancy; one seller suggests that most buyers are pulling pranks, but they also have an advert that says, "How can I get his attention? We can help!"

  7. A Bilateral Monopoly. A system in which the existence of only a single seller (Monopoly) and a single buyer (Monopsony) in a market balance each other out.

  8. Etsy has a 1 star rating at Consumer Affairs. Many of the 400+ complaints are unsatisfied buyers completely ignored by the company, while many others are sellers whose shops were deleted on a whim.

  9. There exists an extreme luxury marketplace aimed at matching buyers and sellers of incredibly expensive goods and services.

buyers sellers facts
What is consumerism describe the rights of sellers and buyers?

Buyers Sellers data charts

For your convenience take a look at Buyers Sellers figures with stats and charts presented as graphic.

buyers sellers fact data chart about Number of active buyers vs. sellers on Etsy, using Craft.co
Number of active buyers vs. sellers on Etsy, using Craft.co data

This is our collection of basic interesting facts about Buyers Sellers. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Buyers Sellers so important!

Editor Veselin Nedev Editor