Inventory is TIGHT!

By
Real Estate Agent with Keller Williams Realty's At The Beach Team
Listings Are Tight
Feb. Pending Home Sales Drop 10.6% - There aren’t enough homes listed, marking the second monthly decline in a row.  This was a headline put out by NAR.
 
An already tight market is about to get even tighter. 
 
The answer is to talk to as many people as you can about their real estate plans this year.  Add another hour to your planned lead gen time.  Expect to have to talk to more people (maybe a lot more people) to get a listing.  
 
The good news is - if you take a listing, you will likely sell a listing.  
 
How long we will be in this environment?  Unknown, but like swimming - if you stop you will drown - even if you're almost at the shore. 
 
Keep swimming.  Now is not the time to rest. Make your calls, follow your scripts and build your summer business today. 
 
May will likely be slow - let's make sure June and July aren't as well. 
 
You got this. 

Comments (3)

Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Apr 01, 2021 06:31 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning John. Now is definitely time to keep the pedal to the metal when it comes to prospecting. Enjoy your day.

Apr 01, 2021 06:45 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I like the analogy John. At some point the market will change just as it always has. Best to be prepared for when it does.

Apr 01, 2021 02:31 PM