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re: National Association of Realtors agrees to end 6% commissions
Posted on 3/15/24 at 10:31 am to Dawgfanman
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
1
Posted on 3/15/24 at 10:47 am to member12
quote:
IDK. If there is that many people looking to sell, they'd have a downward pressure on the pricing right?
You've got it backwards...if rates drop to the 5's all the people waiting on the sideline not wanting to buy because of high rates (6's-7's) will flood the market and bidding wars will ensue again.
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