Houses which were getting multiple offers, are now selling at 'list price', and other are taking longer to sell.
The first ones to feel the pinch will be (and are) Private Sellers, who for years have been told that its 'easy to sell your own home'.
Well, for years it was easier, mainly because there were so many buyers out there. Once the flood of buyers has started to slow down, the remaining buyers now have a choice of homes to look at, and are doing so WITH A REALTOR®
The time of being able to sell a house by simply 'plunking a colorful sign in the ground' is coming to an end. This may have worked for some homes in a market which was flooded with buyers. But in a more level market, where buyers no longer outnumber sellers by 10-to-1, finding the right buyer for your home requires a little more than a spot on the internet and a color ad in a magazine. It requires teamwork and an organization with a proven track-record of over 100 years of success and service.
That type of teamwork is available ONLY thru a REALTOR®
And if you've tried to sell and found that the "FREE" method didn't work as advertised, call me for a FREE consultation: My clients homes enjoy unparalleled and unequalled exposure to the market, with advertisements in several newspapers and over a dozen sites on the Internet. In addition, I offer all of my clients the ability to do a Virtual Tour at no added cost.
What are they? They are a way to showcase your home on the Internet, not only in photos, but in movable, zoomable pictures. Buyers LOVE these as they show more details than a regular picture.