It’s absolutely amazing what is happening with the inventory of homes for sale. It’s making real estate sales a real life version of The Hunger Games!
Social media has buyer agents raging at listing agents about... everything.
Not to be outdone, listing agents are pushing back against buyer agents about... everything.
Appraisers, lenders, home inspectors and contractors are all so busy that customer service has become a concept found only in dictionary’s and marketing books.
Sellers expect and get crazy sales prices, terms and buyer concessions.
Buyers submit offers well over asking price and don’t even get a rejection email, let alone a call from the listing agent. The reward for their effort is only deafening ￼silence.
The answer to it all?
Nothing stays the same so in time the pendulum will swing back toward the buyers. How soon and how far it will swing remains to be seen.
In the meantime... in the meantime... bear down on your work habits, lean heavy on your skills and by all means please, please, please carry on with even more grace than you think you need to because where this market is headed... you’re going to need it.
I hope y’all get a chance to do a deal today and when you do be grateful for your good fortune and consolatory to those that weren’t as lucky. It will help to keep the good karma on your side.