“The Sense Of Urgency Is Completely Gone.” (Buyer Urgency, that is).

This in the trenches note from realtor thinktom at RE Talks 2008 Sep Mon 08, 2:00pm -

“So my wife and I had an open house this weekend in Kits. Beautiful home, listed at $1.749m, easily multiple offers 6-8 months ago for SURE. We had a HUGE turnout, lots of lookers but serious buyers as well…..and no offers (maybe one today). I guess I just wanted to say it’s a very interesting market when there are still lots of buyers….but they are definitely in no rush. The sense of urgency is completely gone. Interesting indeed.”

2 Responses to “The Sense Of Urgency Is Completely Gone.” (Buyer Urgency, that is).

  1. Dear Lord! Where do the people who get into bidding wars starting at $1.749m get their money?!

  2. Markoz – Easy, it isn’t actually their money.

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