Housing Wire

MARCH 11, 2022

Barber had been working for the Harrelson Group on a contract basis since March of 2017. According to Barber’s contract , his responsibilities included selling and listing approved properties in association with the real estate agency. Barber’s contract was terminated on Feb.

Real Estate 370

Real Estate Realty Real Estate Agent Legal 370

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

MAY 28, 2021

More than half of homes (51%) have sold above their listing price in the four week period ending May 23, 2021 — up from 26% one year ago, according to a recent study by Redfin. 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.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

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 370

Mortgage Real Estate Agent Retail Contracts 370

Housing Wire

OCTOBER 18, 2021

But on Monday the home listings giant called a timeout on purchasing homes through the end of 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. However, Zillow’s home purchasing is at “operational capacity.”.

Renovations 384

Renovations Real Estate Construction Contracts 384

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. Things can work so much faster now than they did then and of course that has made us more productive as agents,” Florida-based Berkshire Hathaway HomeServices EWM Realty agent Ashley Cusack, who has been in real estate for nearly 30 years said.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

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 421

Buyers Mortgage New Listings Real Estate Agent 421

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.

Marketing 370

Marketing Real Estate Real Estate Agent Brokerage 370

Housing Wire

DECEMBER 27, 2022

The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. Layoffs, LOs leaving the industry for good.

Housing Market 527

Housing Market Marketing Real Estate Agent Real Estate 527

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 370

Real Estate Agent Agents Real Estate Realtors 370

Housing Wire

OCTOBER 23, 2023

According to Warner, the module that mentions commissions had just 138 views in 2020 and 2021, combined, among HomeServices’ 51,000 agents. Under questioning, Goffstein said that each agent has a contract that includes NAR rule clauses and that the contract also tells agents that NAR membership dues are needed by January.

Law 432

Law Agents Realtors Contracts 432

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

Housing Wire

APRIL 21, 2021

year-over-year in the first quarter of 2021, crushing sales of affordable homes (7% increase) and mid-priced homes (5.9%), per a recent report from Redfin. drop in the number of homes in contract from the prior month, according to new data from the National Association of Realtors. Sales of luxury homes rose 41.6%

Luxury Properties 491

Luxury Properties Real Estate Agent Inventory Real Estate 491

Housing Wire

NOVEMBER 2, 2021

17 that it was pausing iBuying purchases for the rest of 2021, citing operational capacity constraints. Premier Agent generated $359 million in Q3 revenue and the mortgage division raked in $70 million of revenue, and both divisions turned a profit. The company reported $1.73 However, Zillow also purchased 9,680 homes for cash in Q3.

Market Value 397

Market Value Real Estate Agent Agents Business 397

Housing Wire

APRIL 2, 2024

This can also be tied to the fact that managers typically have to juggle many other tasks at the same time, such as coaching or contract signing, which poses a challenge to their organization. Johnson said that “word of mouth” is the best way to organically recruit new agents.

Agents 421

Agents Brokerage Real Estate Tools 421

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 397

Real Estate Agent Modernization Real Estate Agents 397

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. Real estate agents and LOs: the great collaboration. And they sell faster, too.

Sellers 410

Sellers Buyers Real Estate Agent Real Estate 410

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

An agent does a floorplan scan when they make a listing. The seller accepts it; they go into contract. But Fannie Mae, based on 121,000 property data collection submissions in its pilot from April 2021 through March 2022, said lenders were able to shave off, on average, four days compared to traditional appraisals.

Appraisal 410

Appraisal Inspection Real Estate Agent Training 410

Realtor

JULY 13, 2021

year over year, according to the Realtor.com June 2021 Housing Market Trends Report. Contingencies, in the world of real estate, are essentially conditions that must be met to finalize the sale of a home. The provisions of a contingency contract are there to protect buyers and sellers. Other experts agree. “An

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Hank Miller Team

DECEMBER 14, 2022

The typical real estate agent doesn't dabble, they will do whatever necessary to secure their commission. Home Sellers & Appraisers When an owner decides to list, their first move to solicit a real estate agent. The market during 2021 to mid 2022 was an anomaly, fueled by reckless spending and impulse.

Appraisal 52

Appraisal Real Estate Agent Contracts Agents 52

Housing Wire

MARCH 5, 2021

Rocket goes to real estate agents directly and helps them to get licensed to be a loan officer and says ‘we’ll pay you a fee if you don’t send to brokers’… that’s not good for brokers. “UWM is closing loans in 16-17 days…In a purchase market you can’t miss the contract date. I don’t like that. .”

Investors 397

Investors Real Estate Agent Loan Officers Technology 397

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. 2021 Appraiser Fee Survey – APPRAISAL TODAY.

Appraisal 418

Appraisal Market Value Contracts Agents 418

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

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

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. The debt level, both current and anticipated in 2021, is worrisome. Houston real estate is hyper-local, some areas are doing better than others.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

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. We know the feeling.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

NOVEMBER 3, 2023

billion in commissions they paid to buyers’ agents in the past eight years. Merle Whitehead, who in 2016 sold his brokerage RealtyUSA to Howard Hanna Real Estate Services , “years ago, worked diligently to increase the share of buyers who were under contract to work with his agents,” says Murray.

Real Estate 324

Real Estate Brokerage Buyers Property Management 324

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. 2021 Appraiser Fee Survey – APPRAISAL TODAY.

Appraisal 263

Appraisal Market Value Contracts Agents 263

Housing Wire

NOVEMBER 24, 2021

From injecting technology into the mortgage process to redefining the real estate agent and home shopper relationship, these leaders have laid the foundations for millions of homeowners. Brena Nath: First off, congrats on being named a 2021 Vanguard. Who would you want to thank for helping you get where you are today?

Mortgage 396

Mortgage Technology Real Estate Contracts 396

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. If you don’t want to use an agent, you traditionally wouldn’t have access to this resource.

Real Estate Agent 36

Real Estate Agent Agents Real Estate Tools 36

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. This approach is negotiated in the contract; it’s a seller concession to the buyer for a set amount.

Agents 410

Agents Buyers Sellers Inventory 410

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

Housing Wire

MARCH 3, 2022

Here are the five biggest takeaways from the 2021 10K report. And Opendoor turned a $662 million loss in 2021 to a $58 million gain under Adjusted EBITDA. As The Real Deal first reported in November, Compass settled its lawsuit with Avi Dorfman who claimed that, along with Reffkin and Ori Allon, he co-founded the company.

Brokerage 370

Brokerage Agents Real Estate Law 370

Lamacchia Realty

SEPTEMBER 7, 2022

An experienced real estate agent will make all the difference while you’re moving. Make sure to look at the various insurance options from the moving companies and look over any written contracts before signing. April 8, 2021. September 1, 2021. April 8, 2021. Build a Network in Your New Hometown.

Realty 62

Realty Real Estate Agent Insurance Realtors 62

Appraisal Today

JANUARY 19, 2024

An example of this in real estate appraisal is the purchase and sale contract. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.46

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

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 397

Lending Real Estate Agent Loan Officers Retail 397