Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I For Matt Salway in the Virginia Beach metro area, the tight inventory conditions are creating a rather hot market.

Inventory 365

Inventory Buyers Agents Real Estate 365

Housing Wire

JANUARY 10, 2024

Between leveraging your personal network, filming YouTube videos and even the unpleasant task of cold prospecting, real estate professionals today wear all the hats. In one moment, you may be a content creator, and in the next, a customer service agent, administrative assistant, marketing strategist, copywriter and editor — all in one.

Real Estate 318

Real Estate Real Estate Agent Tools Agents 318

Housing Wire

NOVEMBER 30, 2023

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

Real Estate 362

Real Estate Real Estate Agent Law Inspection 362

Housing Wire

MAY 30, 2024

“The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market,” NAR chief economist Lawrence Yun said in a statement. New-home sales , which are also based on contract signings, fell 4.7% New-home sales , which are also based on contract signings, fell 4.7% In March , U.S.

Real Estate Agent 364

Real Estate Agent Inventory Realtors Buyers 364

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. SW: Why did you want to develop this platform?

Real Estate Agent 349

Real Estate Agent Real Estate Sellers Agents 349

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

Real Estate Agent 389

Real Estate Agent Real Estate Inspection Tools 389

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. The over 50% inventory being moved is more than half of the 18,000 number, a company spokesperson said Thursday. billion as of Sept.

Inventory 407

Inventory Real Estate Agent Investors Market Value 407

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. Rental vacancy rates, while still quite low, have risen modestly.

Inventory 371

Inventory Housing Market Marketing Construction 371

Hank Miller Team

JANUARY 16, 2023

One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result. The number of real estate agents soared to record highs, as did buyer remorse and complaints.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Housing Wire

DECEMBER 6, 2023

Real estate transactions are rarely stress-free. This holds true for many of the most challenging situations in real estate. Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property.

Real Estate 379

Real Estate Legal Tenants Clients 379

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 341

Mortgage Real Estate Inventory Construction 341

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 81

Real Estate Agent Real Estate Agents Reconsideration of Value 81

Housing Wire

MARCH 15, 2024

You should be finding buyers before real estate agents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Homes on the market sold four days faster year over year, as total inventory is down 35%. Now, agents are showing and selling nonstop.

Agents 544

Agents Business Inventory Real Estate Agent 544

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

Loan Officers 327

Loan Officers Marketing Inventory Real Estate Agent 327

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. Pausing new contracts will enable us to focus on sellers already under contract with us and our current home inventory.”. Overall, Zillow reported $9.6

Renovations 380

Renovations Real Estate Construction Contracts 380

Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. There are other ways to find inventory rather than just using your MLS.

Clients 378

Clients Real Estate Inspection Buyers 378

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Overcommunicate.

Clients 357

Clients Buyers Real Estate Agent Real Estate 357

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. We’ve seen a massive change in housing inventory. This is actually about fewer buyers getting into contract.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Fortunately, there are many ways you can sell your house fast.

Real Estate Agent 366

Real Estate Agent Tenants Real Estate Agents 366

Housing Wire

OCTOBER 26, 2021

In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. With one of only a few companies that provide an iBuying offering halting business, it does present an opportunity to us as customer demand for streamlined, on-demand real estate solutions remain high.”.

Supply Chain 526

Supply Chain Real Estate Real Estate Agent Clients 526

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. Binney said.

Inspection 379

Inspection Real Estate Agent Real Estate Insurance 379

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 386

Buyers Mortgage New Listings Real Estate Agent 386

Housing Wire

DECEMBER 20, 2023

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? Today we’ll show you how to deploy 6 creative ways to get more from your searches so you can get those buyers in contract faster. Has the drip run dry? That probably hasn’t changed.

Real Estate Agent 350

Real Estate Agent Buyers Real Estate Clients 350

Housing Wire

MAY 28, 2021

Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market. ” How real estate agents can alleviate consumer pain points in a tight market. Asking prices also reached an average of $361,875, another record high.

Buyers 413

Buyers Real Estate Agent Real Estate Inventory 413

Housing Wire

JULY 26, 2021

As an Irish immigrant to the United States in 1996 who became a real estate broker in 2000, I can tell you this: The U.S. And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. The real estate industry and the U.S.

Real Estate Agent 382

Real Estate Agent Real Estate Sellers Legal 382

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 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. HousingWire caught up with real estate agents across the U.S.

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

JULY 25, 2023

My customer is the real estate agent. MW: As far as the inventory levels go, this is something that I’ve been focusing on and specializing in for years. My team, we work hand in hand with real estate agents, showing them how to compete and win in a multiple offer situation. I know who my customer is.

Real Estate Agent 244

Real Estate Agent Mortgage Real Estate Training 244

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. I was already using buyer broker contracts, but now use them 100% of the time.

Agents 328

Agents Realtors Clients Real Estate Agent 328

Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? One of the first questions new Realtors have for me is always 'how much money will I make in my first year?'

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

DECEMBER 1, 2022

This reflects a view of moderating 10-year Treasury rates as the Fed Reserve eventually ends its tightening stance, as well as a contracting economy and compression of the Treasury-mortgage rate spread once interest rates stabilize. Inventories fell again on a year-over year basis in most markets.

Housing Market 308

Housing Market Marketing Construction Inventory 308

Housing Wire

JUNE 21, 2021

But like the rest of the country, low housing inventory has hit the city hard. The KAAR also said housing inventory dropped for six straight months to start the new year. You set your appointments the night before, and when you get there that morning, they might already be under contract.” year-over-year.

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Contracts during this time also skyrocketed 62%. Since it’s a summer destination, Palm Beach’s busy season for home-buying starts on Nov.

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

Housing Wire

APRIL 21, 2021

Lack of inventory , a national housing issue following the onset of the pandemic, isn’t an issue for luxury homes. The consequences of low inventory finally caught up with the housing market in February, with tightened supply largely responsible for a 10.6% When looking at the largest markets in the U.S., from a year earlier.

Luxury Properties 483

Luxury Properties Real Estate Agent Inventory Real Estate 483

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Anywhere Real Estate just settled two of the cases for a total of $83.5

Buyers 369

Buyers Agents Loan Officers Real Estate 369

McKissock

MARCH 15, 2022

While there is some unpredictability before spikes or plunges, there are many signs that can point to a growing real estate bubble or a burst. Below we describe a variety of market events that may indicate that the real estate market is on the verge of a housing boom or housing bust. Signs of a possible real estate burst.

Real Estate 88

Real Estate Finance Sellers Real Estate Agent 88