Housing Blogs

Few would argue that the Taos real estate market has followed the rest of the nation into a slump.  True, it isn’t as deep, and I don’t think it will last as long as other areas.  However, it is definitely here.  Prices are softening, though not dramatically.  Number of sales is definitely down considerably if compared to a couple of years ago.
When listing a property, the discussion might turn to offering a higher than normal commission to buyer brokers to help get it sold faster.  I’ll set aside my dislike of this concept, considering that it seems to indicate that a buyer agent will somehow steer or convince a buyer to plunk down hundreds of thousands of dollars just to get more commission into their pocket.  I’m not saying they might not try to do that…just that I don’t think they can push their buyers around in that way.
…
Original Source: galleryrealtyoftaos.com