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Updated over 4 years ago,
- Real Estate Broker
- Cody, WY
- 40,826
- Votes |
- 27,856
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Are you busier than ever?
Now that our government has graciously decided we're allowed to be free (with major restrictions) it seems my business is on fire!
I manage 350-ish rentals and typically have a list of 15-20 residential rentals advertised as available in the next 45 days. Today, my list consists of five residential units and they're all upper-priced houses. I listed a 1bed/1bath guest cabin for $850 yesterday and three people were clamoring to be first. I rented it above asking price (which was already a little high) in less than 24 hours.
Sales are on fire, as well. I listed two homes for around $350,000 last Friday and they're both under contract as of today. My wife listed a house on Friday and had it under contract - for above asking price - on Monday.
Is anyone else experiencing this in their market? I usually see strong sales but weak rentals, or strong rentals but weak sales. Seeing both this strong is different, but I like it!
- Nathan Gesner