Housing Wire

FEBRUARY 16, 2024

The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 427

Sellers Buyers Real Estate Contracts 427

Housing Wire

MARCH 29, 2023

Month-over-month, contract signings increased in three U.S. regions, but declined in the West, according to the National Association of Realtors. Overall, contract signings were down 21.1% from February 2022. After nearly a year, the housing sector’s contraction is coming to an end,” he said in a statement Wednesday.

Contracts 304

Contracts Realtors Home Value Housing Market 304

Housing Wire

MAY 10, 2022

As the calendar has turned to May, and the Realtor Legislative Meetings have come to a close, it’s a good time to reflect on research that was released last month and throughout early 2022. These reports highlight the difference home buyers and potential home buyers have when embarking on the buying process.

Housing Market 446

Housing Market Realtors Buyers Inventory 446

Housing Wire

OCTOBER 28, 2021

in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. An index level of 100 is equal to the level of contract activity in 2001. In addition, Yun believes that increasing rents and lack of rental inventory will drive even more potential buyers into the market.

Inventory 417

Inventory Renovations Contracts Buyers 417

Housing Wire

FEBRUARY 21, 2023

Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12 th consecutive month. million, according to a report from the National Association of Realtors (NAR) released Tuesday. Inventory remains low, but buyers are beginning to have better negotiating power,” Yun added. from January 2022.

Inventory 370

Inventory Buyers Housing Market Contracts 370

Housing Wire

FEBRUARY 27, 2023

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. After posting a 2.5% compared to a year ago.

Housing Market 427

Housing Market Realtors Contracts Buyers 427

Housing Wire

FEBRUARY 28, 2023

The 2022 housing market was largely characterized by the swift slowdown in demand caused by rapidly rising mortgage rates. year over year in 2022, according to data from the National Association of Realtors , home prices still managed to rise 5.8% However, even as existing home sales fell 17.8% in December, and now stands 4.4%

Inventory 407

Inventory Housing Market Contracts Realtors 407

Housing Wire

JULY 29, 2021

Though the desire for buyers to purchase a new home remains strong, skyrocketing prices are putting the dream out of reach for some buyers, economists in the housing industry said. in June, according to the National Association of Realtors , which tracks the metric. (An in 2022. . million in 2022 from 6 million in 2021.

Marketing 437

Marketing Buyers Realtors Real Estate 437

Housing Wire

NOVEMBER 3, 2023

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. billion in commissions they paid to buyers’ agents in the past eight years.

Real Estate 321

Real Estate Brokerage Buyers Property Management 321

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. from 2022 to 2023, to 1.47 annual drop recorded in May. million in 2024.

Construction 370

Construction Inventory Realtors Housing Market 370

Housing Wire

SEPTEMBER 23, 2022

Women make up 66% of all Realtors, according to the National Association of Realtors ‘ 2022 Member Profile , but hold just a fraction of executive leadership positions throughout the industry. HW Media : What do you think will be the big themes for the housing market in 2022-2023?

Real Estate Agent 370

Real Estate Agent Agents Real Estate Realtors 370

Raleigh Realty

FEBRUARY 19, 2022

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. What is the average price of sold homes in your area?

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% However, seasonality will kick in soon, and it doesn’t look that 2022 will get us there. million in January of 2022. million in August.”

Inventory 454

Inventory Housing Market New Listings Mortgage 454

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. Even though the recent existing-home sales data has been outperforming my expectations , the pending home sales data to me looks more in line with my expectations for 2022. 2022 Pending home sales.

Inventory 407

Inventory Housing Market Realtors Marketing 407

Empire Appraisal Group

JUNE 22, 2022

Florida Realtors economist : In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed. ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market.

Marketing 78

Marketing Contracts Realtors Tools 78

Housing Wire

JULY 28, 2022

But they do agree on one thing: Higher interest rates will quell housing demand, which will allow inventory to rebound and, eventually, spur the return of reluctant buyers. Lawrence Yun, chief economist for the National Association of Realtors, doesn’t believe raising interest rates by 75 bps will have an effect on mortgage rates.

Housing Market 304

Housing Market Marketing Loan Officers Buyers 304

Empire Appraisal Group

FEBRUARY 29, 2024

CHICAGO – Homeowners who decline to use a real estate agent to sell their property are twice as likely to say they weren’t satisfied with the selling experience, according to a new survey from Clever Real Estate of 1,000 home sellers in 2022 and 2023.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Lamacchia Realty

JANUARY 27, 2023

The 2022 Connecticut Year in Review Housing Report breaks down sales, new listings, new pending sales, active inventory, and average price compared to the 2021 market and analyzes what the data means for the current housing market and beyond. In 2022, there were fewer sales in Connecticut than in 2021, down 18.8% Sales Down 18.8%

Inventory 53

Inventory Sellers Buyers Real Estate 53

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

Lamacchia Realty

MARCH 17, 2022

ARE YOU A "WANT-TO-BE" SELLER IN 2022? Now two years later , 2022 started with the lowest inventory EVER recorded and while inventory has grown slightly, This means NOW is a still a great time to list and take advantage of motivated buyers before other sellers really start to saturate the market.

Sellers 67

Sellers Realtors Buyers Inventory 67

Eppraisal

JANUARY 10, 2023

It is imperative to find a buyer's agent who will work hard for you, understanding both your desires and financial realities in securing the ideal home. It is highly recommended to interview several real estate agents before you hire your "buyer's agent" While interviewing agents, there are five key questions to ask.

Agents 36

Agents Buyers Real Estate Agent Brokerage 36

Lamacchia Realty

FEBRUARY 21, 2023

Data for off-market listings as of November 8, 2022 provided by [link] Additionally, this table shows the percentages of homes where the Zestimate was within 5, 10, or 20% of the transaction price in various geographic locations. Data for off-market listings as of November 8, 2022 provided by [link] A Zestimate CAN’T Replace a REALTOR®!

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Lamacchia Realty

FEBRUARY 14, 2024

However, inventory has grown slightly in some states, which means NOW, especially before March , is a great time to list and take advantage of motivated buyers before other sellers start to saturate the market. 4 Crucial Steps to Buying and Selling at the Same Time: Hire the Right REALTOR®: Do your research!

Sellers 65

Sellers Realtors Buyers Inventory 65

Lamacchia Realty

OCTOBER 13, 2022

Often these changes are due to seasonal patterns but could also be related to economic factors such as what we are seeing now; rates rising, buyer affordability changes, consumer sentiment impacting motivation to buy or sell, and inflation. It typically takes 30-60 days for a property to go from under contract to closed.

Marketing 70

Marketing Sellers Buyers Market Value 70

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. What Happens to the Earnest Money if the Contract is Canceled?

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” Requirements for Real Estate License Renewals in 2022.”

Real Estate Agent 417

Real Estate Agent Real Estate Agents Brokerage 417

Listing Spark

OCTOBER 13, 2022

What should buyers and sellers be doing right now? How the housing market affects the rest of the economy How to approach the current housing market as a seller Final advice for buyers in the current housing market Are buyers pulling out of contracts at the last minute? Or are some doing better than others?

Housing Market 36

Housing Market Real Estate Marketing Buyers 36

Empire Appraisal Group

JANUARY 11, 2023

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year of long-lost normalcy returning to the market, economists predicted Tuesday during the National Association of REALTORS®’ annual Real Estate Forecast Summit. compared to 2022. © Panuwat Dangsungnoen – iStock/Getty Images Plus.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Lamacchia Realty

JUNE 21, 2022

Now, months later, with rates up nearly 100% from the start of the year- January mortgage rates were hovering in the low to mid 3’s and this week reached 6.28%- diminished buyer affordability is causing a big downshift in demand. Rising prices weren’t favorable but with historically low mortgage rates , they were still affordable for buyers.

Housing Market 65

Housing Market Bracketing Marketing Sellers 65

Empire Appraisal Group

SEPTEMBER 8, 2022

Nowhere in Sight | Florida Realtors. The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom. Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch).

Housing Market 78

Housing Market Marketing Real Estate New Listings 78

Appraisal Today

DECEMBER 2, 2022

The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. I don’t know if Realtors can be re-trained to see value rather than price.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. This average reflects the total for both the listing agent and the buyer’s agent. RE Consent to Service of Process Form” [link] Ohio Realtors.

Real Estate 427

Real Estate Real Estate Agent Brokerage Agents 427

Listing Spark

AUGUST 23, 2023

Buyers are also starting to search out FSBOs more readily because they want to pursue potential savings. Both Buyers and Sellers See FSBOs as a Way to Save Money Ultimately, both buyers and sellers recognize FSBO transactions as a way to save money. An In-Depth Analysis Buyers also profit from this arrangement.

Real Estate Agent 36

Real Estate Agent Sellers Real Estate Agents 36

Lamacchia Realty

APRIL 6, 2022

has released their “Top Producing REALTORS®,” for March 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! Most recently, Shauna was named in the Boston Agent Magazine’s Who’s Who 2022 edition !

Realtors 69

Realtors Realty Real Estate Agents 69

Housing Wire

DECEMBER 20, 2021

.” According to consumer protection lawyers, advocates, and housing counselors, the expectation is that some state programs will be up and running sometime in the first quarter of 2022. These contracts lack protections that accompany mortgages, such as forbearance plans and foreclosure procedures. “We

Mortgage 395

Mortgage Government Contracts Insurance 395

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. million in production volume in 2022, JVM saw its origination decline by 51% from the previous year’s $1.28 We are going to pursue the investor niche aggressively, meeting very specific realtors.

Lending 395

Lending Real Estate Agent Loan Officers Retail 395

Listing Spark

JULY 21, 2023

After all, you can then search for homes on the MLS, negotiate contracts without a real estate agent (or expensive commission), and then list it back on the MLS. When buyers hire an agent, the licensed professional accesses the MLS to find properties that match the client’s needs and preferences.

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36