It will be VERY interesting to see how these three factors influence existing home sales over the next 3 months:Seasonal slowdown (-)Mortgage rates dropping (+)Buyers potentially paying their own buy-side brokerage commissions (-)Average Number of Offers Received per SaleThe average home sold in July 2024 had 2.7 offers, down slightly from 2.9 in June 2024, and well below 3.0 in July 2023.

They focus strictly on price, and not the other 100 things that could influence their actual out of pocket costs.

Through our sphere of influence, the seller called us because they knew we could help them with a cash purchase and to close quickly.

I’m excited to announce that BiggerPockets has acquired Left Field Investors (LFI) and, with this acquisition, we’re launching a groundbreaking new platform for passive investors: PassivePockets.The passive investing space has seen tremendous growth over the past few years, but it’s also faced challenges—shifting markets, questionable influencers/syndicators, and a lack of transparency between GP and LP.

Through our sphere of influence, the seller called us because they knew we could help them with a cash purchase and to close quickly.

Evan I will not invest in a sponsor that I see either on instagram in the shiny new home, fancy cars etc. or acts as an influencer with all these training programs.

These assumptions greatly influence my answer.Assumptions:1.  

Most very successful STRs seem to have direct booking options, they are opening their properties to the YouTube Airbnb influencers to get more publicity, they are creating regular content through their own social media channels, etc.  

The influencer/incel types.

Things are getting harder and harder in a lesser asset class and as things trend into the future influenced politically that's going to get worse.