Home Buyers Might Not Request Showings Of Your Home With Minutes. Gasp!


Home Buyers Might Not Request Showings Of Your Home With Minutes. Gasp!
By Scott Rogers • September 8, 2023
Looking back, one of the humorous things about the (crazy) real estate market in 2020, 2021 and 2022 was how quickly buyers would jump on every new listing when it hit the market. When I would launch a new listing for sale via the MLS, Realtor.com, Zillow, local and national websites, Facebook, etc. -- I would invariably start getting showing requests within the first 15 minutes. It was surreal how quickly home buyers were responding to new listings, running out to go see them that very first day that they were listed for sale. After all... there would often be 20 - 30 showings within the first three days, and 5 to 15 offers within the first three days... so it's not surprising that the showing requests would roll in so quickly. But now, it's back to pre-Covid normals, at least in this regard. When a new listing is launched, I will often have a showing request or two within the first few hours or on that day -- but my phone doesn't immediately blow up with texts from buyer agents in that first 15 minutes any longer. Certainly, the speed at which showings are requested, and the number of showings that are requested varies by price range, location and more -- but the requests aren't starting off quite as quickly as they were during the Covid era. Receive Updates by Email Recent Articles: How Much Have Home Prices Increased, Locally, When Adjusted For Inflation? Our Local Real Estate Market Keeps Testing Basic Economic Theories Recent Rises In Inventory Levels In Context How Many Homes Are Selling For Less Than The List Price? Interstate 81 Through Harrisonburg Will Be Expanded Soon, But Will It Have Sound Barriers? Sample Mortgage Payments In September 2023 Fewer Homes Are Selling, Though Prices Keep Rising, And Now Inventory Levels Are Rising Too!? Major Travel Center Proposed To Include 75,000 SF Building, 673 Parking Spots, 120 Gas Pumps, 24 Tesla Chargers Just Outside Mount Crawford If Your Home Has Not Sold We Should Look At What Buyers Are Actually Buying
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 Sep 27, 2023 (unless otherwise noted).
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