I was on a webinar this week where the speaker was talking about a 'frozen market' and this was a national speaker. I thought that was a great way to describe it. On one hand, you have plenty of eager buyers (exploiting great rates), and on the other hand, you have reluctant sellers, despite the attractive prices. The most common thing I hear from sellers is, "But where would I go?" Yes, that's a concern, but there are several ways we can address that, including an extended closing date and renting back from the buyers. I know it's a scary leap, but I'm concerned that sellers will be kicking themselves a couple of years down the line when they have missed this market.
In any case, it's always worth a conversation, right? That's usually my MO. Happy to chat any of this through with you, from either side of the selling table. Until then, stay safe and bundle up! It's pretty brisk out there, if you catch my drift!
All the best,
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