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CBRE March 17 Survey Says 50% Of Buyers Ask To Re-price Deals

CBRE March 17 Survey Says 50% Of Buyers Ask To Re-price Deals

March 24, 2020- CBRE surveyed our capital markets professionals on Tuesday, March 17, to learn what changes they are seeing from clients:

  • Over 50% have seen sellers delay bringing assets to market
  • Over 70% expect more of this disruption in the next 30 days
  • Size of bidding pools is contracting: 65% getting smaller; 80% expect to shrink further
  • 50% of buyers trying to “re-price” deals that are under contract (asking for a price reduction)
  • Two-thirds of buyers have asked for 5% price reduction

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