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Nice houses that need nothing are still selling fast but yes there is a lot more inventory. Try to take care of any issues in the house so the buyers don’t use the inspection process to negotiate for less money would be my advice.

First offer came in at list price of $209k with a buyers agent 2% fee, we countered with $214k essentially making the buyer finance their agents fee.

I was under contract and then the sale fell through due to some small issues found during the inspection, they thought it was a good opportunity to ask for $13k off for changing out some GFI outlets and taking care of some ventilation issues in the attic lol The way the buyers agent was gonna...

The ring camera will catch whatever they are saying on the way out haha

My realtor said to expect offers to come in with the buyers fee included, I said cool I’ll be doing this to those offers:

Yup not paying TWO realtors to sell a house, I don’t even want to pay all the fees they charge but I guess I will.

Just listed this morning, did not advertise buyers agent comission and I cant wait to see every offer come in with a 3% buyers agent fee, GFY I don’t have to sell...

Yeah so when is the seller gonna stop paying for the buyers agent? Anything about it happening in IL?

Ca$h money is the only way

I don’t really get why a change in office would make that much of a difference, I’m thinking a recession would change things more dramatically.

The housing crash of 2022 never materialized and the 2023 one isn’t looking good either, there is a belief among some folks that when interest rates fall back to 4% we will see another frenzy like the covid one, what’s ya’ll thoughts?

Mine was sold to chase within a couple of weeks.

If they try to back out threaten them with legal action, they might figure it’s not worth the fight, they are obligated to fulfill the contract at this point.

Yeah that’s what I meant to say lol

If you are under contract then they really can’t back out can they?

Had the same thing happen to me when I bought my house, better had the lowest fees so I went with them, I’m pretty sure I lost a few houses because of it but eventually I must’ve dealt with someone other than a dumb boomer and they accepted my offer, just have your agent tell the sellers agent...

That’s already been accounted for and it’s not a number that will make a difference in the market plus a good chunk of those people have been able to catch up to their payments by know. The most likely scenario is one where prices plateau and see a more normal 2-3% yearly increase, there is...

I can’t believe people are still buying at 5% interest but I guess there is no other good options, rents are through the roof.

I agreed with you that there is more work on the actual process of selling vs traditionally having to do more work to find a buyer, not sure which part I’m misunderstanding?