This last week I have experience Builders Greed as I was showing new construction. New construction dissolved here over the last few years. Even the local home builders association dissolved.
Now a few builders are sticking Their toe in the water and building spec homes.
Last week I had folks who wanted NEW construction only and there were only three to show them. One builder wanted me to take about 25% less for my side of the commission.
Another builder met them around the corner with his card. He likes to let Buyers know " we don't need these damn Realtors to make a deal" REALLY?
My folks could not walk from him quick enough. I might add, these are listed homes with listing contracts, What a week, Your thoughts?