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HousingStack Phase 4: Lead conversion

Housing Wire

The first is listing tools – the products designed for you to convert potential sellers into listing contracts. And the last area is seller tools or companies that help to convert lookers to buyers (I could probably have thought of a better name here). Listing tools. Seller tools / Buyer conversion tools.

Tools 250
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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues.

Mortgage 512
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Four ways real estate agents and brokers can leverage artificial intelligence

Housing Wire

Those unwilling to embrace and adopt these cutting-edge tools will likely be left behind. Maintaining a consistent pipeline of potential buyers and sellers ensures the business’s sustainability and growth, but it requires an immense amount of work and marketing expertise, which is often outside an agent’s core competencies.

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Are You A “Want-To-Be” Seller in 2022?

Lamacchia Realty

ARE YOU A "WANT-TO-BE" SELLER IN 2022? Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates. You want to have a search tool that knows your criteria, fits your wants and needs, and gives you the best selection of all available homes for sale.

Sellers 67
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Flattening The Curve And Seeing The Shift From Greed To Fear

Miller Samuel

Since the 2020 DJIA peak of February 12, 2020, of 29,551.42, the market has fallen 28.13% to 21,237.88 However, all of these housing-related workers such as appraisers and agents, are starting to see that market conditions do not include the gift that it will be "business as usual." The outbreak is clearly expanding.

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Price Adjustments and the 2023 Market

Lamacchia Realty

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. Fewer sellers need to adjust their price because, again, it’s a seller’s market. It means they’re down.

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Price Adjustments in this New Housing Market

Lamacchia Realty

For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying. The low rates made it possible to offer more on a home as the cost of borrowing was lower and therefore, sellers weren’t the ones competing, buyers were. The same will be true for sellers.