Looking back at2019 planning, it is clear no one anticipated 2020. Most forecast a softening sellers market—and you don’t have to be an insider to know that wasn’t the case. Due to the pandemic, interest rates dropped and sellers were hesitant to list because of virus fears. This led to an inventory crisis. Bidding wars were common across the country.
Source: Inman News
Q4 playbook: Broker edition
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