Anyone else having a big decline in deals?

[Raquel Nolen]

Hey everyone, thanks for taking the time to read this. 

i've been in wholesale in texas for a few years, my team of 7 has been averaging 25 deals a month for years. for the past 6 months or so we have been seeing an uptick in unrealistic sellers and getting by on about 5-6 deals a month. The market here has been CRAZYY for a while now (seller's market). I'm wondering if anyone else is experiencing this?

i know our inventory on market is really low, should it be the same for off market though?! Please let me know if anyone is seeing the same, and if you're powering through, how are you doing it?

[Scott E.]

The past 12 months of finding deals have been the most challenging 12 months I've experienced since I got started over 10 years ago.

Active inventory is low, and motivated off-market sellers are few and far between. Homeowners have become more sophisticated and many understand that it is usually foolish to sell their home off market compared to going to market and stirring up a bidding war.

Along with that, less homeowners are interested in selling due to rates are going up, plus if they sell now many ask the question "with housing prices having gone up so much lately, if I sell, where would I go?