53- The Marshall Report – Episode 53

Today is Thursday June 15 and this is the 53rd episode of the Marshall Report. Welcome to the podcast. In this episode:

My May activity report

Some notable real estate news stories

Some bad seller behaviour

Amateur home sellers


The May Report

Wow. What at difference a month makes. In May, I showed fewer that half as many houses as in April, which is weird because the number of listings increased by about 25%.

The sellers came out but the buyers stayed home.

I showed 29 houses to 7 clients. I did three offers for three clients and was successful once.

Of the houses that I showed, five were subsequently cancelled, suspended or expired. That is the first time that happened.

Of course it is a transitional market so five of the houses that sold did so for more than 20% over list price and four sold for more than 14% over list price. It’s seems random. Heavy competition for some homes and no offers for others.

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