This new option from lenders is sure to keep buyers in the game.
With interest rates nearing 7% and the Federal Reserve slated to meet two more times this year, the question that every real estate agent is asking is, “How are we going to keep buyers engaged?” Today I’ll discuss how you can keep buyers interested and secure more transactions in these tough times.
Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:
0:00 — Introducing today’s topic
0:30 — The 2-1 buydown
1:10 — How does it work?
3:10 — What happens after that?
4:31 — Be a hero for your client
4:43 — Wrapping up
We hope that was helpful to you. Remember to keep this option in mind when negotiating with your buyer and their potential seller. If you have any questions, don’t hesitate to reach out and give us a call; we’ll be right here to help you live a better life through real estate.