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The evolution of the more productive real estate agentĀ 

Housing Wire

Bonnie Williamson never intended to be a real estate agent. In addition, according to the NAR 2021 Profile of Home Buyers and Sellers report , 87% of buyers who recently purchased homes did so through a real estate agent or broker, up from 69% in 2001. Real estate agents are busier than ever.

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Opinion: Unleashing AI real estate marketing magic

Housing Wire

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The stakes in real estate are higher, and the cost of making a mistake is substantial.

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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions

McKissock

As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. This trend has been on the rise since 2001 when only 69% of buyers used a real estate agent. . As the real estate agent, it’s your job to assuage these fears.

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Buyers are getting cold feet as mortgage rates exceed 7%: Redfin

Housing Wire

Rates last month surged to 7.23%ā€”the highest since 2001 ā€“ sending the typical homebuyerā€™s monthly payment up significantly from last year. Iā€™ve seen more homebuyers cancel deals in the last six months than Iā€™ve seen at any point during my 24 years of working in real estate.

Buyers 390
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Guaranteed Rateā€™s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years. We hire locals so they can work with the local real estate agents, CPAs, financial planners and attorneys,ā€ Covey said in December. Itā€™s the local relationships.

Mortgage 334
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Some mortgage companies expanding despite challenges

Housing Wire

The company estimates there are about 3 million “aged properties” in the Chicago area alone, with almost 88% of them built before 2001. Borrowers and real estate agents can track the loan progress and submit paperwork electronically. and Puerto Rico, according to the firm.

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A look behind this yearā€™s Tech100 winners

Housing Wire

Many real estate professionals remember the heyday of the 2000s when technology companies were determined to disrupt the real estate industry and replace real estate agents. Real estate is a $206 billion industry, according to IBISWorld. And, why not? However, it didnā€™t work.