In the context of real estate, a hot market does not imply the ability of sellers to get fast and easy money for their property. On the contrary, a hot market is one characterized by low inventory combined with a large number of buyers looking for suitable properties. In general, a hot market does imply the ability to execute faster sale transactions at or above asking price. With demand exceeding supply, buyers become more and more desperate for a purchase, and hence more willing to make concession on minor flaws.
For sellers, it would be easier to sell a property in its current state without having to make major improvements.
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