With inventory on the rise, stick around. I'm going to give you a creative way that it could benefit you as a seller to incentivize a buyer.

Welcome to Q & A Sunday. I'm Rich Dallas Berkshire Hathaway, The Dallas Fincham team. Everything is on the rise right now. Interest rates, gas, prices, and inventory. So let's talk a little bit now. I don't want to panic anyone. Inventory is not going out of control. There's still far more buyers than there are homes for sale. So don't think that that's a reason to talk about this. What I want to talk about is a house. If you have a house on the market, you're a seller. You're another agent. And you're watching this. One of the things that our lender talked to us about was the idea of a price drop versus a rate buy down. So if you have a 10,000, if you're thinking about lowering a price of the house $10,000, or if you incentivize a buyer, who's on the fence about that house and say, Hey, you know what? We'll give you - The seller will give you $10,000 to buy down your rate - The savings was astronomical. I'm not gonna go into the details of the chart, because if you want the details, you gotta call us (412) 965-6387. But that is a tip for sellers and seller agents. If you have a house that's not selling possibly incentivize buyers with a rate buy down in today's market. Talk to you soon, take care.