When rates go down there will be more buyers in the market creating more competition and driving up prices.

You are building a cash buyer list6.)

There was this rat race of sellers and crazy bid wars among buyers that gobbled up whatever could be sold and bought on the market.

Assuming you have a one year contract with your realtor:Apart from the usual buyer representation commission, do you have any exclusive clause with your realtor?

The seller will have reduced debt capacity because the existing note is still calculated as a debt - they MAY be able to include an offset equal to the buyer payments after a period of time, BUT often the seller is surprised to find they can not qualify to purchase another property3.

If buyer's story matches seller's story, how do they find out?

@Jeremy Hartwig, I know this is a slightly glib answer, but property is worth what a willing buyer and willing seller can agree on.You can use cap rates, but admittedly those can be useless too, for similar reasons that Kevin outlined.  

I am in Memphis TN and I have buyers looking for property.

Resale  what retail buyers are paying for rates of course affects the business dramatically.

For there to be true liquidity, a seller needs to wait until a buyer comes along.