Some Buyers Are Starting To Be Able To Compare And Contrast Multiple Similar Listings At The Same Time Now


Some Buyers Are Starting To Be Able To Compare And Contrast Multiple Similar Listings At The Same Time Now
By Scott Rogers • May 10, 2024
For the past few years, inventory levels were so low and homes were going under contract so quickly that a buyer's process looked like this... Home #1 is listed for sale, we go see it, you make a decision about whether to make an offer, it is under contract within 48 hours. Three days later, Home #2 is listed for sale, we go see it, you make a decision about whether to make an offer, it is under contract within 48 hours. Etc., etc. There would rarely be two similar houses on the same time for you to be able to consider both at the same time and decide which to pursue. You'd have to decide if you wanted to pursue House #1 before knowing that House #2 would be coming on the market. If you didn't like House #2 as much as House #1, it was too late, as House #1 would already be under contract. But... we're starting to see (some!) listings linger on the market for a bit longer these days... Some buyers are able to go see multiple houses on one day and compare and contrast them before deciding which one to pursue. Or, some buyers are able to go see multiple houses over the course of a few days and compare and contrast them before deciding which one to pursue. What a novel concept... being able to consider multiple options at once, rather than only being able to consider one option at a time, over and over. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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