Bracketing Open Houses Sellers 
Lamacchia Realty
OCTOBER 17, 2024
Furthermore, potential sellers with covid-era mortgage rates of around 3% weren’t listing because they’d have to give up that historic rate and trade it for one that is likely two times higher or more. Many sellers are holding the line, and buyers continue to face competition. Sellers then become the ones who need to compete.
Lamacchia Realty
MARCH 26, 2024
Source Inventory rises when more sellers are listing than buyers are buying. When there are market changes it often takes sellers time to first realize it and then be willing to accept it. This can be particularly important in a buyer’s market, where buyers have many options and sellers need to stand out.
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Lamacchia Realty
OCTOBER 25, 2023
Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.
Lamacchia Realty
JUNE 21, 2022
For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.
Lamacchia Realty
AUGUST 3, 2021
Buyers have had more money to work with due to the low mortgage rates , and sellers who actually listed their properties were given the pick of the litter in multiple offer situations where most of the time, the homes were selling for over asking. It comes with a negative stigma for sellers to hear that a price adjustment is recommended.
Listing Spark
MARCH 18, 2024
When you choose this route, you take on all the responsibilities of an agent, such as listing the property, marketing it, managing showings or open houses, and handling all of the negotiations. For open houses, signs and online marketing channels can help ensure people show up.
Houston Properties
JANUARY 13, 2021
Avoid 9 Costly Mistakes Sellers Make. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. 2020 ended favoring sellers. We have dedicated people doing staging, marketing, social media, open houses and showings.
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