Housing Wire

APRIL 15, 2024

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. ” The American Real Estate Association (AREA), a startup trade organization, also was pleased by Monday’s announcement.

Buyers 532

Buyers Agents Real Estate Agent Sellers 532

Housing Wire

FEBRUARY 14, 2024

I’ll show you what it takes to succeed as a luxury real estate agent in any market. How do you convince the sellers of $15 million homes to work with you? Niche specialization To succeed in luxury real estate, it’s best to define your expertise by specializing in a niche. Visit Agent Image 3.

Real Estate Agent 422

Real Estate Agent Real Estate Agents Luxury Properties 422

Sacramento Appraisal Blog

JULY 18, 2022

Buyers are gaining power. And sellers are losing it. UPCOMING (PUBLIC) SPEAKING GIGS: 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 Navigating […]. I have some new visuals to show what the market is doing right now.

Sellers 468

Sellers Buyers Real Estate Agent Real Estate 468

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 414

Real Estate Agent Real Estate Agents Clients 414

Housing Wire

AUGUST 4, 2023

Achieving success as a real estate agent requires more than simply understanding the mechanics of the job. Here are 10 essential skills every real estate agent should possess. Here are 10 essential skills every real estate agent should possess. Another hat to place on your head?

Real Estate Agent 355

Real Estate Agent Real Estate Agents Clients 355

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

OCTOBER 13, 2023

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented.

Real Estate Agent 494

Real Estate Agent Real Estate Agents Marketing 494

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

Real Estate Agent 457

Real Estate Agent Real Estate Agents Clients 457

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. Buyers are picky and they don’t want to pay a dollar more than they need to,” the report said. According to the brokerage, 6.5% the month prior.

Sellers 513

Sellers Buyers Inventory Real Estate Agent 513

Housing Wire

OCTOBER 11, 2023

Let’s start at the top —the analysts at KBW believe that a court-ordered injunction could “unbundle” commissions nationally by early 2024, eliminating the longstanding practice of listing agents and sellers setting and paying buyer agent commissions. If 1 million agents disappear? Interesting.

Real Estate Agent 494

Real Estate Agent Real Estate Agents Brokerage 494

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

Agents 434

Agents Buyers Real Estate Agent Loan Officers 434

Housing Wire

APRIL 16, 2024

with real estate night sweats and want to alleviate your stress by banging out a text does not mean the other agent, your buyer prospect, your seller client, or the appraiser wants to share your insomnia. 4: Timing is Everything: Just because you woke up at 2 a.m. This also applies to time zones. in Hawaii.

Real Estate Agent 401

Real Estate Agent Real Estate Agents Business 401

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. But with RateReduce Sell, sellers will be able secure a lower rate by buying down points permanently.

Sellers 447

Sellers Real Estate Agent Loan Officers Mortgage 447

Housing Wire

JANUARY 25, 2024

To help, we put together this guide to walk you through our nine-step system to recruit, nurture, and retain producing agents in 2024. They are far more common than listing agents or top-producing buyer’s agents, but will still bring in consistent revenue. Smart recruiters don’t sell on the first call. They listen.

Real Estate Agent 423

Real Estate Agent Real Estate Agents Brokerage 423

Housing Wire

OCTOBER 19, 2023

Event marketing can be key to success in building relationships and meeting new potential buyers and sellers. Use the slogan: ‘Don’t get wrapped up with the wrong real estate agent’ on the card and attach it to a simple roll of wrapping paper. There are several categories of events. Organize a gift wrapping party.

Real Estate Agent 451

Real Estate Agent Real Estate Agents Open Houses 451

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024.

Real Estate 417

Real Estate Sellers Real Estate Agent Tools 417

Housing Wire

JULY 28, 2023

Outsiders to the real estate industry may assume that the tight market has real estate agents hanging up their hats. In reality, today’s agents are seizing the market and feeling confident. Real estate agents are still confident in the industry and the market. The answer is undeniable.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Housing Market 369

Housing Wire

APRIL 1, 2024

The recent settlement involving the National Association of Realtors and major real estate firms revolves around the practice of “broker cooperation,” where agents representing sellers share commissions with agents representing buyers. That is highly unlikely.

Sellers 483

Sellers Real Estate Agents Buyers 483

Housing Wire

JANUARY 18, 2021

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Buyers 545

Housing Wire

MAY 27, 2021

A real estate agent at Compass Florida in Coconut Grove, Schechter has 12 years of experience in the real estate industry, so he’s familiar with its cyclical ups and downs. There’s plenty of advice available to help buyers and sellers navigate the current housing market. for $895,000. By 10 a.m.,

Real Estate Agent 493

Real Estate Agent Real Estate Housing Market Agents 493

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Demonstrate your values to customers Buyers and sellers want more than just transactional relationships with their agents.

Real Estate Agent 325

Real Estate Agent Real Estate Agents Clients 325

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions.

Sellers 426

Sellers Brokerage Real Estate Realtors 426

Housing Wire

NOVEMBER 13, 2020

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone — even an agent recommended to you by a friend or loved one — is up to the task. More for Real Estate Enthusiasts.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Contracts 545

Housing Wire

NOVEMBER 9, 2023

Real estate agents: You can turn the next quarter into your best one yet by following this profitable and proactive plan. When you list two homes per month, you will automatically attract buyer business as well, so focus on listings. You sell the lot and list the spec home, often bringing the buyer as well.

Real Estate Agent 411

Real Estate Agent Real Estate Agents Open Houses 411

Housing Wire

AUGUST 9, 2023

This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge. The vast majority of real estate agents do not make it past the first touchpoint before they drop off, leaving an immense amount of opportunity on the table.”

Real Estate Agent 366

Real Estate Agent Real Estate Agents Clients 366

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. In life, we sometimes find ourselves plunging headfirst in t o the unknown.

Real Estate Agent 402

Real Estate Agent Real Estate Agents Clients 402

Housing Wire

SEPTEMBER 5, 2023

From fine-tuning the initial listing to completing the mountains of paperwork needed for closing , homebuyers and sellers can find themselves juggling a wide range of issues. Real estate professionals can help by hosting educational workshops to help make the transaction easier. They cross-promote the event.

Real Estate 446

Real Estate Sellers Buyers Clients 446

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. Secret Service reported a steep rise in seller impersonation in an advisory it issued this year. We can reverse this trend. We can reverse this trend.

Sellers 369

Sellers Real Estate Agent Real Estate Insurance 369

Housing Wire

MARCH 27, 2024

Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price. Concerns over the existing VA policies have been echoed among mortgage professionals.

Buyers 476

Buyers Real Estate Agent Inventory Real Estate 476

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

Buyers 440

Buyers Agents Real Estate Agent Clients 440

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Brokerage 418

Housing Wire

FEBRUARY 13, 2024

A question I love to ask potential sellers is “By when would you like your home sold to the right buyer?” Call other agents that you have a relationship with that may not want to or can’t hold their own open houses. Don’t look at the names in your past client and sphere list and assume they would not do something.

Real Estate Agent 426

Real Estate Agent Real Estate Agents Open Houses 426

Housing Wire

JANUARY 10, 2023

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. Recently, one of Welborn’s buyers negotiated a $10,000 credit for a new roof and other repairs along with a lower asking price for the home.

Sellers 482

Sellers Real Estate Agent Buyers Mortgage 482

Housing Wire

OCTOBER 5, 2021

Low inventory means fewer choices for homebuyers, but for years enterprising real estate agents have worked around tight market conditions by searching for off-market homes that fit their clients’ specifications. At the end of the day, it’s the dollars that really count to the seller,” Clark added.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Marketing 441

Housing Wire

APRIL 20, 2022

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 Agent 423

Real Estate Agent Real Estate Agents Brokerage 423

Housing Wire

MARCH 28, 2024

At the moment, IPCs “include concessions from the seller to the buyer for items that are traditionally paid by the buyer such as loan closing costs or rate buy-downs,” but as buyer agents are customarily paid by the listing agent, their fees are excluded from caps on the IPCs.

Real Estate Agent 455

Real Estate Agent Sellers Buyers Agents 455