Housing Wire

JANUARY 27, 2023

The majority of lenders easily lost half of the volume last year that they originated in 2021, and LOs who have their own databases to tap into are highly sought after. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 356

Lending Real Estate Agent Loan Officers Retail 356

Housing Wire

JANUARY 8, 2021

The country was paralyzed amid the current health crisis and many borrowers and sellers alike are frightened to enter purchase contracts and move forward with transactions already in progress. Even some of the most seasoned real estate agents have had to slow down in their current business model.

Lending 434

Lending Mortgage Inventory Business 434

Housing Wire

AUGUST 14, 2023

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.

Real Estate 326

Real Estate Real Estate Agent Marketing Technology 326

McKissock

APRIL 20, 2021

Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. How much is a part-time real estate agent salary?

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Housing Wire

DECEMBER 5, 2023

The settlement proposed at the time included requirements for NAR to boost transparency about broker commissions and to stop misrepresenting that buyer broker services are free. NAR filed a petition in September 2021 to set aside or modify the DOJ’s probes into the trade group.

Real Estate Agent 330

Real Estate Agent Law Real Estate Agents 330

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. It’s founded by real estate agent Haley Ingram, who gets the struggles of agents with social media.

Real Estate 359

Real Estate Marketing Real Estate Agent Tools 359

Lamacchia Realty

MAY 18, 2021

FINDING A GOOD REAL ESTATE AGENT. Real estate agents are trained and experienced at negotiating for the client to get the most out of each transaction and to ensure each step of the process is done with great attention to detail. You should do the same thing before choosing a real estate agent!

Real Estate Agent 59

Real Estate Agent Real Estate Agents Realty 59

Housing Wire

JUNE 14, 2022

in April 2021, to $4.51 It also plans to reduce costs by not backfilling roles and by getting out of real estate office leases. Both Redfin and Compass are considered disruptors in the real estate industry, but neither has managed profitability. So buyers are getting concerned.”.

Marketing 367

Marketing Real Estate Real Estate Agent Brokerage 367

Housing Wire

DECEMBER 27, 2022

.” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. over asking price. High octane stuff. But the housing market in the second half of 2022?

Housing Market 487

Housing Market Marketing Real Estate Agent Real Estate 487

Housing Wire

OCTOBER 23, 2023

KANSAS CITY, Missouri — The second week of the Sitzer/Burnett class-action buyer broker commission antitrust lawsuit kicked off with a bang. She also said that HomeService’s guidelines state that listing brokers need to compensate buyer brokers only when the property is in the MLS. million real estate licensees in the U.S.,

Law 399

Law Agents Realtors Contracts 399

Housing Wire

AUGUST 10, 2022

The market index is down 62% compared to the same week in 2021. The refi index fell 82% from the same week in 2021 and the purchase index was down 18.6%, according to the MBA. The average contract 30-year fixed-rate mortgage for conforming loans ($647,200 or less) rose to 5.47%, from the previous week’s 5.73%.

Mortgage 332

Mortgage Real Estate Agent Retail Contracts 332

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 395

Real Estate Insurance Law Real Estate Agent 395

Housing Wire

JUNE 21, 2021

You set your appointments the night before, and when you get there that morning, they might already be under contract.” Generally, they go under contract in a day or two.” “We won’t renegotiate with you, and that seems to help buyers a ton.” It’s like a horse race.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Housing Wire

APRIL 13, 2021

A new report from Redfin shows that homes listed midweek sell for an average of $1,700 more than homes listed on the weekend, based on homes sold above their list price from July 2020 through February 2021. “And listing on a Sunday or Monday means buyers may lose interest before the following weekend,” Fairweather said.

Sellers 404

Sellers Buyers Real Estate Agent Real Estate 404

Housing Wire

SEPTEMBER 23, 2022

For one: We’re going to see agents drop out of the industry. From 2020 to 2021, NAR membership increased by a massive 156,000 Realtors. That’s a lot of agents making peanuts during an intensely hot market — and as the market softens and it gets harder to transact, I anticipate many of those agents will give up altogether.

Real Estate Agent 337

Real Estate Agent Agents Real Estate Realtors 337

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Cleveland Appraisal Blog

MAY 18, 2023

I was talking to a real estate agent recently who said that her sellers are scared about a significant downturn in the market and missing out on the higher values. The agent went on to mention that many people she knows would like to sell their home but are afraid of not finding another one because inventory levels are so low.

Inventory 333

Inventory Real Estate Agent Appraisal Real Estate 333

Housing Wire

OCTOBER 16, 2023

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks.

Agents 380

Agents Buyers Sellers Inventory 380

Housing Wire

JUNE 30, 2021

As of June 29, 2021, there were 47 large, active fires burning across the Western U.S. A major factor in Utah’s large increase of at-risk properties is the state’s dramatic population increase since the beginning of the COVID-19 pandemic, according to Ryan Aycock, a Redfin agent located in Salt Lake City.

Real Estate Agent 392

Real Estate Agent Modernization Real Estate Agents 392

Realtor

JULY 13, 2021

Getty Images Buyers, we know it’s hard out there for you right now. year over year, according to the Realtor.com June 2021 Housing Market Trends Report. All of this demand means buyers are going to ever-greater lengths to make their offer stand out.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Housing Wire

NOVEMBER 3, 2023

Real estate commissions are under the microscope. With the scrutiny of The Department of Justice and the Federal Trade Commission and multiple lawsuits concerning how buyers’ brokers get paid, many brokers say it feels like an all-out war on the real estate industry.

Real Estate 288

Real Estate Brokerage Buyers Property Management 288

Cleveland Appraisal Blog

MARCH 30, 2021

TODAY’S HOME BUYERS ARE LIKE THE CARP. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. This year, it appears that buyer panic is even worse than last year. That is a lot of bread!

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

MARCH 7, 2022

billion in 2021, according to an analysis of 10 different blockchain ledgers by DappRadar. In the past year, NFTs pole vaulted from mostly commodifying art and digital assets to an array of spheres including – very preliminarily – real estate. It also gives real estate agents ideas. million in 2020 to $24.9

Real Estate 453

Real Estate Law Inspection Agents 453

Hank Miller Team

NOVEMBER 4, 2022

Seems that just over 70 of recent homebuyers have buyer’s remorse. In Feb '21 we noted that 44 of homebuyers had buyer's remorse, these new stats are bonkers. This number is a bit of a surprise and the reasons have to do with price but also with just about every other aspect of the buyer's transactions. Most of them.

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

Housing Wire

DECEMBER 23, 2021

Real estate agents in New York City — and across the country — are cheering for Florance. The information they gathered from taking pictures of buildings and developing relationships with commercial real estate agents led to a role in facilitating transactions, Florance said. and then across the country.

Brokerage 316

Brokerage Agents Real Estate Real Estate Agent 316

Hank Miller Team

DECEMBER 14, 2022

Home buyers and home sellers dabble in the “persuasion” arena during the purchase process as they roll through the deal. The typical real estate agent doesn't dabble, they will do whatever necessary to secure their commission. They tend to aspirationally price, hoping to get the listing and then to find a willing buyer.

Appraisal 52

Appraisal Real Estate Agent Contracts Agents 52

Lamacchia Realty

FEBRUARY 21, 2023

Rascoff replies, “It’s a starting point, but if you want to get a more accurate opinion of your home’s value, you should talk to a real estate agent or an appraiser.” Most real estate agents will tell you they dislike Zillow because it lacks credibility in their eyes.

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Berkshire Hathaway

APRIL 28, 2022

While we agree with you on the first statement, the selling of a home is always best left to a professional real estate agent, for so many reasons! According to a NAR study , For Sale By Owner homes sold at a median of $260,000 in 2021, while agent sold homes were at a median of $318,000, a difference of $58,000.

Real Estate Agent 67

Real Estate Agent Advertising Insurance Real Estate 67

Housing Wire

JULY 12, 2022

Alternative appraisals, however, rely more on objective data and an “arm’s-length” process between the appraiser and the homeowner or buyer, sometimes assisted by technology, a spokesperson for the GSE said. An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. that afternoon.

Appraisal 401

Appraisal Inspection Real Estate Agent Training 401

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours. That’s where we come in.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. This is a good example. Here’s another example.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. This highlights the importance of Avoiding the 9 Most Common Mistakes Buyers Make. Remember: real estate is hyper-local!

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Listing Spark

FEBRUARY 28, 2024

It’s the default strategy when you have a real estate agent. Listing agents can push out a new property to get attention from buyers, and buyers’ agents can easily search through the database. In fact, only 3% of FSBOs were listed on MLS in 2021.

Real Estate Agent 36

Real Estate Agent Agents Real Estate Tools 36

McKissock

SEPTEMBER 5, 2022

In recent years, the real estate industry has noticed some significant trends in the commercial and residential housing markets. For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. .

Retail 73

Retail Real Estate Investors Real Estate Agent 73

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. This is a good example. Here’s another example.

Appraisal 263

Appraisal Market Value Contracts Agents 263

Birmingham Appraisal

FEBRUARY 13, 2024

Final Insights on Housing Statistics for Real Estate Agents We are in the last part of my Housing Statistics for Beginners series and I want to thank you for following along. Real estate professionals must grasp supply and demand statistics to accurately gauge market dynamics, ensuring they price homes competitively.

Real Estate 61

Real Estate Buyers Inventory Appraisal 61

Eppraisal

OCTOBER 2, 2021

It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent. The real estate markets in 2020 and so far in 2021 have been like no other.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36