Any realtors worked through the 2008 recession? What was it like and how did you handle it?

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It was definitely a challenging time, but I managed to survive by sticking to my guns and continuing to provide value to my clients. I made a point of being available to them whenever they needed me, and I was always honest with them about the market conditions.

It was tough. Sales were down, inventory was up, and we were all struggling. I had to get creative to keep my business afloat. I offered lower commission rates, I hosted open houses, and I did whatever I could to connect with potential buyers.

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With interest rates between 6.5% and 7.5%, it is safe to say that buyers are slowing down in their search.

I am a real estate agent who is in the process of closing on her first home. We offered $15k under list and asked for closing costs to be paid for. Granted, this is in a very small rural town; however, just know... If you have been looking for a home for the last 2 years and have not had great luck, now is the time to take advantage of the changing market. You can refi when rates drop.

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Would you buy this home at this price point?
https://distinctivedesignbuildllc.com/17944-revere-way-prior-lake-listing-page/

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Celebrate azadi ka amrit mahotsav and reach your financial freedom when India will be celebrating 100 years of independence. 🇮🇳🇮🇳
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How much is an acceptable down payment for a home? I've seen some great listings asking for 10%, whereas some others are requesting up to 50%. Is this normal and what does it depend upon?

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