Buyers are gaining the upper hand in the housing market as top real estate CEO warns sellers on high asking prices: 'The sharks come out, and it will hurt you even more'
"It is a different environment. We are now seeing more sellers than buyers," Compass CEO Robert Reffkin said.
![Buyers are gaining the upper hand in the housing market as top real estate CEO warns sellers on high asking prices: 'The sharks come out, and it will hurt you even more'](https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1185960287-e1716740294219.jpg?w=2048#)