Income Lost: $10500
I had a buyer for one of my listings that backed out because of the COVID-19 scare. I only get paid when I close on a home and from the looks of everything, both buyers and sellers are afraid to move forward.
Interest rates have dropped but buyers confidence levels have dropped significantly.
I also had an Investor cancel an appointment to see one of my big 458 acre listings listed at $6,800,000 and cancelled because he is Immune compromised.
I am nervous about the real estate market for sure.