Oil Moves and Buying the Dip
Bloomberg Surveillance
Real Estate Trends and DIY Selling
A survey shows that 25% of homeowners planning to sell within the next year intend to do so without a realtor, opting for a for sale by owner approach to avoid realtor fees. Home sellers have been seen setting up signs for sale by owner in their communities more frequently. Some homeowners feel that real estate agents lack a good understanding of the current market due to the pandemic and surge in home values, leading sellers to believe they can achieve higher selling prices by up to 20% than what agents suggest. This trend of DIY selling reflects a desire to save on realtor costs and capitalize on the surging housing market.
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