New to the Community

[Connor Pozza]

What's going on everybody, just want to introduce myself. 

I'm Connor Pozza, a real estate agent with RE/MAX Home Team based out of Lackawanna County, Pennsylvania (Scranton, Dunmore, Carbondale areas). I started following BiggerPockets about 5 years ago and can honestly say that what I've learned from this platform has helped me to help others since I became a licensed agent. I'm very happy to be a part of this community!

So I spend a lot of time on the ground analyzing inventory, pricing trends, and how properties are actually moving. Figured I'd share something that might be useful:

A lot of listings in my area are still being priced with a "test the market and come down later" mindset. Buyers aren't really playing that game these days and we're seeing longer Days On Market with listings like that.

From an investor's perspective, it's a pretty good opportunity. Some of the better investment deals I've come across weren't obvious initially, they just became more negotiable over time.

I'd like to know how other investor's are approaching this in their markets,

Are you focusing more on stale listings, newer listings, or strictly off-market?

[Bryan Coll]

I would agree with you that sellers are still thinking it's a sellers market & pricing accordingly. But eventually the realize that the buyer's are starting to gain the power.

Days on market has been a real issue in my area as inventory either drops in price or stays on market longer.