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re: National Association of Realtors agrees to end 6% commissions
Posted on 3/15/24 at 10:17 am to jizzle6609
Posted on 3/15/24 at 10:17 am to jizzle6609
quote:
This economy is about to be brutal to anyone in real estate. hate to say it but its true.
If rates drop anywhere into the 5s, there is going to be such a massive sellers market.
4
Posted on 3/15/24 at 10:19 am to Dawgfanman
quote:
If rates drop anywhere into the 5s, there is going to be such a massive sellers market.
I'm biased, but I don't know if it cuts exactly that way. It'll be advantageous to sellers with pent up demand, but it should increase inventory a lot which is the biggest disruption right now.
Posted on 3/15/24 at 10:31 am to Dawgfanman
quote:
If rates drop anywhere into the 5s, there is going to be such a massive sellers market.
IDK. If there is that many people looking to sell, they'd have a downward pressure on the pricing right?
There's not much inventory where I am. Not sure if there really is that much pent up demand to sell.
This post was edited on 3/15/24 at 10:32 am
Posted on 3/15/24 at 7:31 pm to Dawgfanman
Good. My daughter can buy a house and quit renting.
Posted on 3/16/24 at 8:53 am to Dawgfanman
quote:But sellers(unless in unique circumstances) all become buyers. So it doesn’t really matter
If rates drop anywhere into the 5s, there is going to be such a massive sellers market.
This post was edited on 3/16/24 at 8:54 am
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