Housing Wire

APRIL 12, 2023

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately.

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Housing Wire

MARCH 5, 2024

Rather, their priorities are buyer education and the nurturing and building of more referral relationships to expand their market share, loan originators who spoke to HousingWire said. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage. Market their listings; go to their listings.

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Loan Officers Mortgage Buyers Inventory 403

Empire Appraisal Group

JANUARY 4, 2023

What Could Make Home Prices Drop in 2023? Source: What Could Make Home Prices Drop in 2023? Buyer demand has dropped due to rising rates, and seller supply slowed too, creating an uneasy balance. But if buyers drop or sellers expand more, it will impact prices. housing market is in an uneasy state of equilibrium.

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Inventory Open Houses Sellers Real Estate 78

Housing Wire

NOVEMBER 16, 2023

New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. Advertising on Zillow can put your brand in front of millions of potential buyers and sellers.

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Real Estate Marketing Real Estate Agent Tools 390

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. The first quarter of 2023 had the lowest number of homes listed in recorded history.

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Bracketing Marketing Sellers Buyers 65

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

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Real Estate Agent Loan Officers Real Estate Agents 434

Housing Wire

FEBRUARY 28, 2024

So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers. So get over your fear of being perfect and just start creating content that resonates with buyers and sellers in your farm area. Having an open house? Touring a new listing? His SERHANT.

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Real Estate Marketing Tools Contracts 429

Housing Wire

JANUARY 25, 2024

If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. While the exact mix of agent types you need will vary, this is a good starting point for most brokerages: Producing buyer’s agents: 65% Ideally, producing buyer’s agents should be the bulk of your recruiting efforts.

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Real Estate Agent Real Estate Agents Brokerage 399

Housing Wire

DECEMBER 29, 2023

You have all these buyers that have been waiting for rates to come back and now they’re back and all this becomes really competitive again.” So to me, it’s still a big first-time buyer market in 2024. and they can get a rate at 5%, that’s a refi boom for all of those buyers. If people got rates of 7% and 7.5%

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Mortgage Loan Officers Inventory Business 445

Housing Wire

JANUARY 10, 2024

The 2023 holiday return window is still ongoing.) Rethinking branded gifts One common practice in the real estate industry is gifting branded items like Cutco knives to home buyers and sellers. Did your buyer ask you where the best wine shop in the neighborhood is located? of the merchandise purchased being returned.

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Real Estate Clients Retail Client Relationships 354

Housing Wire

MARCH 2, 2023

“Prior to the COVID-19 pandemic, it was normal for inventory to rise in February as the spring home sellers began listing their homes and buyers weren’t yet out in force,” Simonsen wrote in his February 13 housing market update. We are seeing some modest increases, but the pressure is still there for the buyers,” Redding said.

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Real Estate Agent Inventory Real Estate Agents 386

Listing Spark

OCTOBER 9, 2023

By taking on the responsibilities typically handled by an agent, FSBO sellers can negotiate directly with potential buyers, set their own prices, and oversee all aspects of the transaction. You set the price, decide how to market your home, and negotiate directly with buyers. Buyers appreciate proactive and attentive sellers.

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Real Estate Agent Legal Real Estate Agents 36

Listing Spark

MAY 26, 2023

If you’re considering buying a house in Texas in 2023, you’re joining a fast-growing group of people who see the Lone Star State as the perfect place to settle down. this blog post, we’ll guide you through everything you need to know about how to buy a house in Texas. Hey there future homeowners!

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Real Estate Housing Market Inspection Sellers 36

Clear Capital

DECEMBER 28, 2023

What to expect in Q1 2024 The first quarter of the year is often a slower one for real estate due to colder weather and the inclination among buyers and sellers to wait things out until closer to spring. “We Homebuying and open house visits also ramp up starting in March.”

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Inventory Real Estate Open Houses Buyers 36

Lamacchia Realty

SEPTEMBER 7, 2023

Selling your home during the autumn months presents new opportunities, such as leveraging a cozy home atmosphere and reaching motivated home buyers looking to settle in before the holidays. Projects like these are typically inexpensive and don’t require a whole lot of time and are very attractive to potential buyers.

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Real Estate Real Estate Agent Buyers Realtors 67

Lamacchia Realty

MARCH 26, 2024

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023.

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Bracketing HOA Sellers Buyers 61

Listing Spark

AUGUST 23, 2023

In Dallas, the median home price in Q1 of 2023 was $372,400; the Austin market saw median house prices reach $467,900 at the same time. Buyers are also starting to search out FSBOs more readily because they want to pursue potential savings. An In-Depth Analysis Buyers also profit from this arrangement.

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Real Estate Agent Sellers Real Estate Agents 36

Lamacchia Realty

JANUARY 9, 2023

When evaluating furniture items, try to envision what potential buyers would see when looking at online photos or visiting an open house – resist the urge to include any décor items in these photos as they detract from the size of the space available. Let it go if something hasn’t been used in over six months.

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Open Houses Realty Design Buyers 68

Listing Spark

APRIL 17, 2024

Maximize Profits House flipping is ultimately a numbers game. As of 2023, the average gross profit for a flip is $56,000, but the only way to reach or surpass that number is with careful calculations. Open House and Showings Management Software Selling homes to a wide market of prospective buyers requires a strong digital presence.

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Tools Modernization Real Estate Real Estate Agent 36

Housing Wire

OCTOBER 22, 2023

4] As of July 3, 2023, there were 42,857 sales agent exams taken in Texas. Lead Gen While experienced agents may be able to generate business through referrals or past clients, new agents tend to need help with lead generation to get going, especially if you plan to use your license to represent buyers or listings.

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Real Estate Real Estate Agent Agents Brokerage 381

Listing Spark

DECEMBER 14, 2023

One vital step in the process is following a strategy for how to list on MLS without an agent so you can reach as many buyers as possible without paying expensive realtor commissions. An agent will recommend a strategy, create an MLS listing for the property, and coordinate with buyers and their agents on your behalf.

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Agents Tools Real Estate Buyers 36

Appraisal Today

AUGUST 25, 2023

To read more and lots of interesting photos click here == RPR® Backs Up MLSs During Vendor Outage (From NAR) August 17, 2023 Excerpts: In markets affected by the cyberattack on MLS vendor Rapattoni, NAR members have another way to access listing data: RPR®. August 23, 2023) — Mortgage applications decreased 4.2 per month, $24.75

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Appraisal Real Estate Agent Agents Real Estate 76

Listing Spark

DECEMBER 6, 2023

You can speak to buyers’ agents or self-representing buyers directly, market your home the way you prefer, and gain a deeper understanding of the real estate process. You can also negotiate with buyers who need a lower purchase price but are willing to make up for it through other deal terms. Is the home beautiful?

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Realtors Real Estate Agent Real Estate Agents 36

Appraisal Today

JANUARY 20, 2023

Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’ ’ Home sellers gave concessions to buyers in 41.9% ’ Home sellers gave concessions to buyers in 41.9% Home sellers gave concessions to buyers in 41.9%

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Appraisal Contracts Sellers Business 52

Listing Spark

JULY 24, 2023

In the first quarter of 2023, inventory was still at 2.7 You can manage contact records for past tenants, buyers, and sellers, as well as contact details for your professional network of real estate advisors, contractors, and property managers. Just as important, prospective buyers become contacts in your CRM, not a realtor’s.

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Real Estate Investors Tenants Property Management 36

Listing Spark

JULY 21, 2023

The Purpose of a Real Estate License in Buying and Selling Homes In Texas, homeowners have the option of selling their home as ‘for sale by owner’ (FSBO), and prospective buyers can also make offers and represent themselves. The database is the first place buyers and sellers typically go for information and to post new properties.

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Real Estate Real Estate Agent Agents Investors 36

Appraisal Today

FEBRUARY 3, 2023

23, 2023 My comment: This only applies to residential lending appraisals, of course. I’m always looking for something new ;> If you are a paid subscriber and did not get the February 2023 issue emailed on Wednesday, February 1, please email info@appraisaltoday.com , and we will send it to you!! By Dave Towne, Jan.

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Appraisal Contracts Business Mortgage 40

Listing Spark

JULY 5, 2023

Even in 2023, as the market starts to return to normal, many homes across Texas are on the market for less than two months before they find a new owner. Zillow: Know What the Buyers and Sellers Are Thinking Zillow is an industry staple. Just over a year ago, homes on the market in Austin were available for only 19 days.

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Real Estate Investors Tools Property Management 36

Appraisal Today

APRIL 28, 2023

They said a real estate license was good because they could hold open houses and answer questions (required in California). I always like good vibes also ;> In my market, feng shui is very important to some buyers. Where would potential buyers of the subject look for competitive homes? I spoke with several of them.

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Appraisal Real Estate Business Contracts 52

Appraisal Today

MAY 5, 2023

Correspondence should be addressed to Jody Bishop, MAI, SRA, AI-GRS, chair, 2023 National Nominating Committee, and emailed to Joan Barngrover, board secretary and special assistant to the CEO, at jbarngrover@appraisalinstitute.org. To read more and see the fascinating photos (some show a person in the house) Click Here. CDT on May 5.

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Appraisal Contracts Architecture Law 52