Sdrealtor, what is the increase in listings and in pendings you have this year to date over last year? How are you able to pull this off, when the media is full of stories of buyer/seller standoffs?
For your listings: how are you able to get sellers to list at a reasonable price? The newspaper is full of seller/buyer standoffs, and I see listings expire frequently, because sellers won’t take offers.
For your buyers: how are you able to qualify them with rising interest rates, and how are you able to convince them to make the high offers the sellers want?
My friend is a realtor, and she talks until she’s blue in the face, makes Excel presentations, shows comps, and yet she faces the same obstacle to sales each time: sellers won’t negotiate and stay stuck on the price they think they deserve.
You wrote recently about an offer your buyer made, and the seller would not accept the price. So there’s a sale that’s on hold until the buyer/seller standoff is resolved. This is the stalemate I just described, and it is affecting all realtors.
The number of transactions in San Diego is down 35% this year over last year. Let’s assume that 10% of realtors get 99% of sales. If sales are down 35%, then the 10% of realtors who get these sales will get 35% fewer sales. There aren’t other realtors to steal sales from, so the decrease can only come out of the pockets of those who were benefitting.
I guess what I’m saying is I don’t believe you’re having the best year ever, and I’m asking you to prove it.