Anyone else running into this (again): our fair-weathered friends: New Construction Developers.
When the market's hot, they DO NOT COOPERATE with Realtors. When the Market depreciates, "Hello wine & cheese parties and 4-5% commissions and we're their best friends."
I for one have seen this trend twice in my career in San Diego: 2004/05 and again now...they love to build homes and burn bridges.
"Thanks for bailing us out Realtors...but we have it from here...well, until the next depreciation, then it's a love fest again"!
Thomas Paine said it best: "These are the times that try men's souls: The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of his country; but he that stands by it now, deserves the love and thanks of man and woman."
I am the Winter Soldier
I sold a lot of new construction between 2007-2012, funny how fake that industry can be. I know this is a rant, but I'm truly seeing 2004 repeat itself here in San Diego with new construction and overbids & multiple offers...didn't anyone learn anything 9 years ago?
What are your thought my Rainbirds?