What Are Your Strategies for Listings Currently?

[Brad Jacobson]

Hi Fellow BP Fans,

My fellow agents and I have seen a massive slowdown in the market here in Utah.  Inventory is 400% of what it was at the beginning of the year.  I'm sure this slowdown is commonplace around the nation due to current interest rates.

Aside from simple price reductions, what are your favorite strategies you're implementing right now to help move listings?

[Nate Sanow]

Man. It’s getting tricky because it starts with education of sellers on exactly where we are at. I’m my market we are still pretty fast if below certain price points, e g below $300k. Some situations with competitive offer and multiple offers still happening. Others where if you are not in mint condition, you might wait awhile. I’ve sold my clients stuff quick and now I’ve got my own flip sitting quiet, although, location is really my main issue. I’m getting some practice as my own boss lol, to learn, we have to be patient. Having the skill of remaining calm when agents have to be “Dr Phil” is going to be important.