New Seller’s Market Examples & Negotiating Report Released by Buyer Agency Group

Those seeking seller's market examples of real estate prices in various cities, including Nashville, TN, will find specific data and surprising quotes from real estate professionals in this new report by Skyfor.

Evergreen, United States - May 1, 2018 /PressCable/ —

(Nashville, TN) Skyfor, a real estate education and referrals company released a new report today on what the seller’s market looks like in Nashville, TN and the surrounding towns. This report was inspired by the request of a buyer to have the company assist him in finding an exclusive buyer’s agent for Brentwood, TN.

The problem was price range. This investor was seeking a typical 3 bedroom 2 bath home in this pricey neighborhood in Nashville for up to $350,000.

Dan’s expectations were so far off that the company decided to put together a report on this, and other areas to consider instead at http://buyeragentsearch.com/associations-and-real-estate-agents/tennessee-buyers-agents/

According Michelle Barnes, a relocations director in the Nashville area, the market there is “simmering hot”, especially in desirable neighborhoods such as Brentwood. In Brentwood, there are no 3-4 bedrooms homes under $669,000 at this time, except one auction sale that has multiple offers, and so has likely been priced to induce a bidding war. In the $669K-700K range, there are only 3 listings.

Small towns outside of Nashville (within a 30-40 minute commute), such as Lebanon, Smyrna, Cooperstown, Pleasant View, Mt Juliet, Greenbriar, White House, Millersville, Pegram, Kingston Springs, Burns do have some inventory in the $250K-350K range.

Another buyer agent in Nashville said that condo builders were selling properties quickly to investors who were planning to turn their purchases into AirBNB rentals because, the rental market is also skyrocketing.

Advice from exclusive buyer agent Frank Ricci is to “hold off buying unless you really need to buy-there has to be a bubble that will burst soon in this kind of market”.

Some real estate professionals who are on the brink of retirement are strongly considering making this move sooner rather than later because the job of finding buyers homes has become so difficult, and they are spending 10 times the energy to make the same money as they did a few years ago in a balanced market. While the buyer is disappointed that their 5 offers are not being accepted due to the highly competitive nature of the market, REALTORS are also feeling disappointed at the bottom line profit, which is rapidly diminishing.

To obtain a list of real estate buyers agents who are most knowledgeable about how to negotiate on behalf of their buyer’s in a seller’s market visit https://buyeragentsearch.com/find-a-buyers-agent/

Contact Info:
Name: Kathleen Chiras
Organization: Skyfor, Inc.
Address: 7652 Gartner Rd,, Evergreen, CO 80439, United States

For more information, please visit http://buyeragentsearch.com

Source: PressCable

Release ID: 338892