In a seller’s market, sellers have an advantage and feel it’s a good time to sell. This occurs when there is higher demand than supply, resulting in more interested buyers than quality deals available. In such a market, buyers compete to secure deals, leading to increased values and more favorable terms for the seller. However, Q3 trends indicate a decrease in confidence compared to the previous year. This decline may be attributed to various market challenges, such as high interest rates, inflation, and geopolitical uncertainty. Nonetheless, the upcoming section will demonstrate that business valuations continue to remain strong.