What neighborhoods should I look at (Relocating)?
Posted 04-18-2022 at 12:11 PM by SouthernGranny
Quote:
Originally Posted by MikeyRocksNC
I mean sure there’s plenty of people giving $20k, $40k, or more in due diligence, but do people think this is the new baseline? I closed two clients this month with due diligence payments of $5,000 and $4,000…there are plenty of homes out there that you can get into without breaking the bank if you can look past the need for freshly painted cabinets and shiny new countertops.
That has been my experience so far. Years ago people were paying in the low thousands for due diligence. The going rate in this insane market is 20 grand on the low side. And you can count on multiple bids. It’s the realtors hype. They are booking showings 5 minutes apart in some areas. Really???? Who would put themselves in that nonsense……
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