Whose Market Is It?
Selling real estate during COVID-19 is difficult enough, but the increase in finicky buyers falling prey to buyer’s remorse has made this a most challenging year. A lot of buyers don’t understand the full process of purchasing a home in 2020. They think that they have power because they think it’s a buyers’ market. But it’s not a buyers’ market. It’s really a sellers’ market. Interest rates as low as 2.5 –2.9% give sellers confidence that a buyer will soon be knocking. Currently houses sometimes go under contract before potential buyers can even schedule a showing. To add to the challenge, mortgage companies this year are requiring additional documentation to
