The top 5 Tells from Real Estate Agents that a market correction may be imminent:
1)Telling sellers “it’s a great time to sell” while telling buyers “it’s a great time to buy.”
2) Complaining about “bottom fishers.”
3) Announcing “newly listed” or “just reduced” when either happened a month ago or more.
4) Sending out email blasts on a listing more than once a week (much less multiple times in 1 day).
5) Phantom competing offers.
1)Telling sellers “it’s a great time to sell” while telling buyers “it’s a great time to buy.”
2) Complaining about “bottom fishers.”
3) Announcing “newly listed” or “just reduced” when either happened a month ago or more.
4) Sending out email blasts on a listing more than once a week (much less multiple times in 1 day).
5) Phantom competing offers.