3 straight months of multiple offers, subject free contracts and sky high emotions finally look like they are starting to soften. Lets be honest, the market couldn’t continue to the way it was headed. $100-200k over asking offers that were subject free was a lottery win for some homeowners if you were moving out of town into a different market. However if you were staying in the current market it was extremely frustrating and challenging. In one case we had a buyer write 7 offers all over asking subject free and lost on all 7 houses before winning on the 8th attempt. It felt like a milestone victory! The past 2 weeks the market is softening. More Spring inventory means more buyer choices and less pressure to making an instant decision. As a seller you need to dial back expectations thinking multiple offers are going to happen on your home. Too many sellers now demand they get over asking and are disappointed when they don’t. The past 3 months was not a normal market, in fact in my nearly 2 decades and Dads 4 decades selling neither of us saw a market even close to that. We are here for you all for any questions you may have. With over 80+ years of combined Real Estate experience we look forward to helping you with your Real Estate Needs!
Ty, Dan, Devin & Diane
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