Neil Freiman

That's the highest share in five years.

Toby, this ain't 2021 anymore for home sellers.

Basically, they need a friend to come along and tell them their standards are too high, and that's why they don't have a girlfriend.

Yeah, so once you delist, what is the possibility to relist?

Well, 20%, one in five homes that are delisted over this summer were relisted.

And it's the old delist, relist strategy.

It sounds like it's straight out of Seinfeld.

But you don't want to have a price cut showing up on the listing page.

online.

And you also want to reset that time on the market to show that actually this thing is super hot.

It's not getting stale.

So 31% of the homes that were delisted in July, then put back onto the market have sold.

So a good chunk of when you relist with a reset does help, but it does seem like there are overall, the expectations are too high.

We are in a

buyers market right now.

Buyers have the upper hand for the past few months, as opposed to the past few years where the sellers had the upper hand and these houses are getting stale on the market.

And the big deal here is that we've been wondering why prices haven't been going down in the home market.

The total number of U.S.

homes for sale was up 8% year over year in September.

Pending home sales were down about 2%.