

509,499
Homes are selling like crazy and some sellers think we only work for a few days and the house is sold. The fact is, your work does not stop even the home is under contract. Now that I think about it, this will be a good topic for a blog on what we do.
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Brenda Mayette
Glenville, NY
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Kathleen Daniels, Prob...
San Jose, CA
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Steve Higgins
Kelowna, BC
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Susie Kay
Plano, TX
409,610
There is a challenge with multiple offer situations being the norm at certain price points. Not if, but how much to offer over asking price. Convincing buyers that homes are selling for well over asking price is much easier after they offer and fail a few times.
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Will Hamm
Aurora, CO
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Lyn Sims
Schaumburg, IL
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Susie Kay
Plano, TX
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Kathleen Daniels, Prob...
San Jose, CA
3,448,981
A lack of homes to list for sale.
Lack of Supply - combined with High Demand ... bidding wars and homes selling for unbelievable prices with no contingencies.
Is that a challenge ... it places more on all sides of the equation.
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Steve Higgins
Kelowna, BC
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Susie Kay
Plano, TX
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Kathleen Daniels, Prob...
San Jose, CA
921,504
I find those challenges have not changed.
Still need leads.
Still need to convert to appointment.
And like all of us, we all know if we can meet em, we'll sign em.
100% of my business this past year has been past clients.
Buyers as I have obsered seem to be arriving from a distant planet. One buyers agent nearly bit his lip off exercising self-control as his buyer just went off the rails. I'm not sure if he wanted me to be the bad ass and usher them out or expected I would endure as he was.
To date I have not experienced the run away bidding war situation. That keeps the seniors who are selling much calmer.
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Steve Higgins
Kelowna, BC
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Susie Kay
Plano, TX
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Kathleen Daniels, Prob...
San Jose, CA
5,293,450
835,502
Lack of inventory and multiple offers. A lot of clients don't want to get into bidding wars and I don't blame them.
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Kathleen Daniels, Prob...
San Jose, CA
879,657
1,643,933
1,769,625
Buyers who are not prepared with pre-approval and a mindset for battle.
2,260,194
6,775,772
5,567,173
None, I am retired. Many here in the downtown Chicago area with listings, are in desperate search of buyers. In the suburbs I am hearing selling agents are chasing inventory.
3,386,608
With buyers it is getting them to write the offers that can get them a home before they are priced out of the market. Waiving everything and going for it.
With sellers, it is getting them to the see that we are doing MORE work now than we normally do. All the same prep and marketing, but so much more vetting on the multiple offer front. This isn't the time to start cutting pay when you need more of a listing agent.