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Saturday, April 20, 2024

This real-estate agent listed 2 houses. He showed them 88 times, and got 12 offers. ‘I didn’t even have my sign in the ground’

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In early April, Atlanta-based real-estate agent Zak Elfenbein listed two newly renovated homes, nestled in a quiet suburb in Douglasville, Ga.

He wasn’t sure what to expect. The homes were 25 miles west of Atlanta, and were being sold by home flippers. Mortgage rates were above 6%, and home prices were high. But there was a noticeable lack of homes for sale coming on the market.

Elfenbein…



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