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Updated over 2 years ago on . Most recent reply

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582
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526
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Rodney Sums
  • Laveen, AZ
526
Votes |
582
Posts

How hard are you going with your offers these days?

Rodney Sums
  • Laveen, AZ
Posted

Still offering over ask?

Still experiencing bidding wars?

Still getting little to no contingencies?

Sellers refusing to fix anything?

Where at?

How's your shopping experience in 2022!?

Most Popular Reply

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28,076
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41,089
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,089
Votes |
28,076
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

My local market is still overpriced. A single-family home will rent for around in 0.5% - 0.6% of purchase price.

Looking in another market and properties are still bringing in 1% or close to it, and they are cheaper. That market is incredibly competitive with multiple offers, cash offers, waiving contingencies, etc.

I think people are making stupid decisions and we'll see a lot of these properties back on the market in the near future.

  • Nathan Gesner
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