What is Nostr?
/ downwarddave
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2024-07-30 17:15:14
in reply to nevent1q…ce5t

downwarddave on Nostr: It’s just a lot easier for deals to fall apart right now, which has agents becoming ...

It’s just a lot easier for deals to fall apart right now, which has agents becoming more combative. Basically we’re just back to negotiating again. To get the best deal possible, often times you flirt with the edge between killing the deal and closing. Don’t want to go into details of my clients personal pending deals though.

In general: financing is tougher, causing buyers to get cold feet more often. Some deals are going under contract well under list price, resulting in sellers digging their feet in the ground when it comes to the rest of the negotiation like inspections and appraisals.

On top of that, the volume of transactions is down. There are a lot of crappy agents out there getting emotional because they don’t know how they’re going to pay their bills.
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