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Buying a home is a huge deal!
Its what many of us aspire to do one day.
Although the entire process can be long and arduous, its usually worth it in the end.
Youd assume that your biggest worries would be your funds or the properties available.
But sometimes, its the realtor whos the issue.
Especially if theyre trying to play everyone for more cash.
The mankept delayingthe OPs purchase of a house for no good reason until she finally snapped.
Read on for the full story, as well as the internets reactions.
For example,artificial intelligencewill be the revolutionary technology over the next 10+ years.
All the big AI companies have headquarters in San Francisco.
When I came to San Francisco in 2001, it was right after the dot-com bust.
You should know that the property tax rate in California is 1.24%.
I think he was a schmuck, honestly.
He was an older guy, and we were two lesbians.
He lost his mind when we backed out.
Blew up our realtors phone, begging us to reconsider.
The next highest offer was well below ours, she revealed.
The redditor shared some practical advice for first-time home buyers, too.
She suggested that people shop around for a good realtor.
This was the third house we purchased.
The first oneheaven help mewas a hot mess.
The second onea vast improvement.
We learned to hire highly qualified realtors, u/Mysterious_Peas explained.
Bored Panda also wanted to find out what moving from the East Coast to California was like.
According to the author of the story, it was amazing!
I loved Asheville, I cant say enough great about it, but SoCal is fabulous.
The weather here is great, though the Santa Ana winds remind me of growing up in Colorado Springs.
Sales have been falling due to rising interest rates and low inventory.
Meanwhile, the prices of the homes themselves are soaring.
CNN reportsthat the median home sale price was $389,800 in 2023.
This was the highest on record, around 1% more than in 2022.
This is the lowest ever level of sales since all the way back in 1995.
However, far from everyone is loving whats happening.
The current situation is leaving many new homebuyers in a very frustrating position.
Many people feel like theyre priced out in this sellers market.
Its a real headache for families who want a place to call their own.
Its like running a marathon in the fog with an uncertain finish line and unknown competitors.
Not everyone has enough cash to get in a bidding war over a place to live.
The demand for housingand homeownership, in particularhas remained high despite higher rates.
Prospective homebuyers have been shut out of the market by a lack of inventory.
For example, its slightly morally dubious to drag out the entire sale on purpose.
Now, this doesnt mean that realtors should take the first offer the moment it comes in.
They can and should still look at all the other offers and counteroffers on the table.
However, theyve definitely crossed the line if theyre pushing the buyers away.
Good realtors naturally have to begreat at communication.
They have to like engaging with people, and they have to be skilled at it.
The real estate industry is incredibly competitive, so your reputation and your results matter a ton.
In this line of work, you have to communicate well and respond to queries quickly.
If youre not available, unfortunately, you might lose clients and deals.
The author inspired many internet users to share their own real-estate stories
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