Showing houses to people out of town? Asking stupid price for stupid houses, Realtystream, Join Me!

#realestate #Realtystream #homeshowing

We started with an introduction…business is good! And, we read that the market is slowing, but it doesn’t seem to be the case here in St. Louis. If a house is in move in ready condition, there still seems to be a strong market.

We went through a massive amount of home showings over the weekend. John picked up some of the high points and low points of the search.

After the home showing report, we went over some of the nuances with showing houses to out-of-town buyers, We talked about how bad some of the listings in this market are.

Finally, we talked about a report that says there are fewer buyer led bidding wars, and what that might mean for the housing market in general.

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First off: a welcome it’s great to be able to be with you today

“The single most important decision you make is where you live.

It drives your business opportunities, relationships, food and water supply, politics, activities, and day-to-day quality of life.” Naval

30 year fixed mortgage rate came in at 5.35%

Google Trends has us learning about Nothing

0:00 Introduction
8:54 home showing report
57:52 Nuances in showing homes to out of town buyers
58:52 Ridiculous house asking prices
1:02:00 Mortgage Rate Report
1:03:13 Are bidding wars over in the housing market?

Showing houses to an out of town couple
Ridiculous house asking prices….seriously
Working on deals…they are all different, but there is a common approach

A. Less than 50% of home purchases had a bidding war across the United States…what about St. Louis?

Sources:

https://www.redfin.com/news/real-estate-bidding-wars-june-2022/

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