Some Landlords Seek Exit Strategy During Eviction Ban
Many smaller landlords are losing sleep, doing their own repairs, and some are even selling property, which could further dent the U.S.’s supply of affordable housing.
Many smaller landlords are losing sleep, doing their own repairs, and some are even selling property, which could further dent the U.S.’s supply of affordable housing.
NAR’s Clear Cooperation policy placed limits on pocket listings, leading a members-only “top agents” network for non-MLS listings to file a lawsuit. The ruling questioned some aspects of Clear Cooperation, but the judge said antitrust does not give TAN a right to “hoard listings among themselves.”
It should be challenging for iBuyers in a seller’s market, but they’re paying more. It could be a business strategy: Accept lower profits to assure long-term success.
Without more homes listed for sale, mortgage money demand has evened out, leading to little week-to-week change. Last week, the 30-year FRM averaged 2.87%.
Red flags could include a customer’s unrealistic expectations, time-consuming and excessive demands, disrespect or even lack of proper communication.