It is a twist of semantics Radelow but the selling broker has the buyer.(I am sure you know that, just a reminder). Listing agents aren’t really in a different situation than they have been with a declining market,as that sellers who understand, will do it themselves and those that don’t can’t be helped, probably because they can’t afford to drop the price anyway. I wouldn’t panic someone though. I would just suggest listing below comps and see what comes. Don’t cut an additional 10% because of this rate news, yet,but keep a close eye on things and talk with mortgage people everyday.
