2007-02-02 10:49:17 · 2 answers · asked by Caliocean 1 in Business & Finance ➔ Renting & Real Estate
It varies. More fall outs for new agents. More fall outs in areas where the buyers are streeetching to get into homes.
More fall outs when interest rates are on the increase. More fall outs is a major employer has a big lay off.
Less in times and areas where money troubles are rare. Less for long time Agents, they know how to avoid it.
2007-02-02 11:12:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Funny, I just asked my Realtor this question last week, as my first choice home went under contract to someone else.
According to him, in our area, Intown Atlanta, about 20% fall out of contract. Usually it's because the home failed inspection or the people did not qualify for the loan once the income had to be substantiated.
2007-02-02 20:06:09 · answer #2 · answered by CJKatl 4 · 0⤊ 0⤋