Yesterday was sort of a bummer.
It began with a sale falling apart. My buyers had a contingency contract on a house since they needed to sell their old one first. Somebody else came along without a contingency and kicked them out. Time to start all over.
Then late last night, I found out that another buyer did not get a house on which we had submitted an offer. We went $30,000 over the list price, which was close to 10% over list. There were 22 offers on that house. My poor buyers will likely be competing with those other 20 buyers who didn’t get the house on the next new listing in their price range.
I did at least get one of my listings sold for $5000 over the list price.
It’s shaping up to be another crazy year in real estate. It’s a tough market. It’s tough for everybody except the sellers.