If interest rate is increasing, then potential buyer hesitate to offer, too.
Like Contractor Marco who prefer to wait until the property value drop further
since his interest rate is raising and the seller will potentially break his loan plan and cut his selling price further down.
Interest rate in property sales is an indicator.
Buyer and Seller are enemies in the war game.
Buyer want lower selling price without mercy. Buyer investigated that the property is an marijuana property with no windows and newly painted.
Seller keep boosting how good the cleaner business will be and how hard she work for the improvement.
How the agents sell both sides to reach an agreement?? worth the commission!!
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