Housing Wire

FEBRUARY 29, 2024

month over month in January, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. ” Lower mortgage rates buoyed buyer demand in early 2024, but rates started to inch back up toward 7% in February.

Contracts 428

Contracts Inventory New Listings Realtors 428

Housing Wire

MAY 3, 2024

RE/MAX executives were not shy about acknowledging the uncertainty that is currently plaguing the real estate industry during the firm’s first-quarter 2024 earnings call with analysts and investors Friday morning. Year over year, RE/MAX’s total agent count in Q1 2024 was down 0.2% million in Q1 2024, compared to a net loss of $0.7

Agents 381

Agents Real Estate Training Buyers 381

Housing Wire

SEPTEMBER 7, 2023

Attorneys, Realtors and clients are a big part of our repeat business.” But three multibillion-dollar class action antitrust lawsuits looming over the real estate industry may soon reshape how buyers interact with agents.

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Buyers Agents Loan Officers Real Estate 410

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. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 391

Agents Realtors Clients Real Estate Agent 391

Housing Wire

MAY 1, 2024

In light of the jury verdict in the Sitzer/Burnett suit and the terms of the National Association of Realtor’s nationwide settlement agreement of the commission lawsuits , several prominent industry analysts believe Zillow will struggle with its financial performance. Barton also touched upon the terms of NAR’s settlement agreement.

Agents 391

Agents Real Estate Contracts Real Estate Agent 391

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. annual jump in 2024. year over year to $391,800 in 2024.

Housing Market 445

Housing Market Realtors Contracts Buyers 445

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.

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Sellers Buyers Real Estate Contracts 459

Housing Wire

NOVEMBER 30, 2023

Illinois REALTORS Best Illinois real estate school for accommodating different learning styles Overall Rating: 4.2 Unlike other real estate schools, Illinois REALTORS is also the only advocate for private property rights at the state capitol in Springfield, Illinois, and in communities across the state. out of 5 stars Rating: 4.5

Real Estate 433

Real Estate Realtors Real Estate Agent Law 433

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. in 2024, according to NAR’s forecast. million in 2024.

Construction 356

Construction Inventory Realtors Housing Market 356

Housing Wire

DECEMBER 7, 2023

The MA & NH package includes required Core Course, Buyer Agency, Financing, Disclosures / Seller Due Diligence, 1031 Exchanges, Code of Ethics, and Conducting Open Houses and Developing a Safety Plan. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 5 out of 5. out of 5 stars Rating: 4.5 out of 5.

Real Estate 381

Real Estate Real Estate Agent Law Brokerage 381

Housing Wire

FEBRUARY 22, 2024

Worst-case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. They have gone through all of this and it will end up being punitive to buyers.

Sellers 448

Sellers Buyers Real Estate Agents 448

Housing Wire

JANUARY 29, 2024

Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024.

Real Estate 427

Real Estate Clients Real Estate Agent Agents 427

Listing Spark

SEPTEMBER 27, 2023

The real estate industry is no exception, and realtors who specialize in (or at least serve) property investment clients are seeing the beginnings of a complete technological transformation through AI and increasingly smart tools , such as property investment software. Realtors provide insights for pricing strategies.

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Realtors Investing Real Estate Clients 36

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.

Inspection 427

Inspection Real Estate Agent Real Estate Insurance 427

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 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. At Lamacchia Realty, our REALTORS® do this every day!

Sellers 64

Sellers Realtors Buyers Inventory 64

Lamacchia Realty

MAY 6, 2024

Their job is to make sure the sale from the seller to the buyer happens within the confines of the law, while also looking out for your best interests. An attorney offers valuable protection and knowledge for you as a buyer. The attorney will advocate on your behalf as a buyer to include the most favorable terms to protect you.

Real Estate 69

Real Estate Legal Law Contracts 69

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. From NAR Research : “Total existing-home sales notched a minor contraction of 0.4%

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Inventory Housing Market New Listings Mortgage 478

Housing Wire

FEBRUARY 28, 2022

On Friday, the National Association of Realtors released its pending home sales data showing a third month of declines. From NAR : “Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reported. Of the four major U.S. This is critical.

Inventory 434

Inventory Housing Market Realtors Marketing 434

Housing Wire

FEBRUARY 28, 2024

If you’re struggling to market your business on social media, or worse, haven’t even started yet, you might be in for a rude awakening in 2024. PRO TIP: If you want scroll-stopping hooks and educational content like this without the writer’s block, check out the marketing company who wrote it: Coffee & Contracts.

Real Estate 452

Real Estate Marketing Tools Sellers 452

Housing Wire

NOVEMBER 21, 2022

The forecast for the housing market is expected to get gloomier next year before rebounding to 2022 levels in 2024. million in 2024. With rates at escalated levels, it is affecting home buyers facing affordability challenges. . million, according to the National Association of Realtors. trillion in 2022. year over year.

Contracts 387

Contracts Government Mortgage Buyers 387

Movoto

APRIL 29, 2024

Transcript March 25, 2024 Hosts: Patrick Kearns and Sophie Brandeis Guest: Chris Heller, President of Movoto Patrick: Hello, and welcome to the MovotoMic podcast, a new real estate podcast brought to you by Movoto.com. The largest one was the most recent settlement with the national association or realtors. Who is involved?

Agents 36

Agents Sellers Realtors Buyers 36

Housing Wire

NOVEMBER 30, 2023

Wondering how to get a real estate license in Ohio in 2024? Check out the best schools for exam prep courses with helpful study aids in our article 7 best real estate classes in Ohio for 2024. SEE ALSO: 7 best real estate classes in Ohio for 2024 Beyond the required 120 hours of education, spend some extra time studying for the exam.

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Real Estate Real Estate Agent Brokerage Agents 417

Housing Wire

AUGUST 24, 2023

“In order to achieve a soft landing, economic growth will have to slow to a rate that is below trend for some time in order for the unemployment rate to rise sufficiently to cause wage growth to slow consistent with a 2% inflation target over the long term, but not so slow that the economy falls into a contraction,” the ESR group said.

Construction 274

Construction Retail Mortgage Contracts 274

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.” Number of Realtors in the USA by State | 2023” [link] ZipRecruiter.com.

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Real Estate Agent Real Estate Agents Brokerage 420

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. January 17, 2024) — Mortgage applications increased 10.4 The average contract interest rate for 5/1 ARMs decreased to 6.14

Appraisal 72

Appraisal Contracts Real Estate Architecture 72

Will Springer Realtor

SEPTEMBER 26, 2023

To address ownership inequality, the state of Washington has introduced an innovative home-assistance fund for potential buyers who have been historically marginalized and restricted from ownership. Many maps, deeds and contracts are recorded in the county registry and they include property transactions. Beginning Jan. Beginning Jan.

Law 36

Law Buyers Government Contracts 36

Listing Spark

MARCH 18, 2024

Buyers’ agents use this database to search for properties on behalf of their clients, and public-facing websites like Trulia display listing details to prospective homebuyers. Related: 2024 Texas Real Estate Housing Report That’s where flat-fee MLS listing services have come into play.

Modernization 36

Modernization Tools Open Houses Real Estate 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. NAHB: Sharp Contraction in Construction. Realtor.com®

Real Estate 78

Real Estate Marketing Buyers Sellers 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. Ideal for realtors looking for functionality without a big price tag.

Real Estate 413

Real Estate Marketing Real Estate Agent Tools 413

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We We are seeing a healthy increase in inventory, which we really needed.”

Insurance 419

Insurance Inventory Marketing Real Estate 419

Housing Wire

MARCH 28, 2024

Hopeful their initial offer might be accepted or that they might beat out other potential buyers. More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” Real estate will look different in 2030, perhaps even in 2024.

HOA 460

HOA Property Management Real Estate Agent Technology 460

Housing Wire

JANUARY 29, 2024

Last week, the National Association of Realtors released their December pending sales data. Homes in contract rises There are more homes in contract now than last year at this time. Sales growth is not guaranteed This week there were 56,000 contracts started for single-family home purchases. That’s already in the bag.

Contracts 438

Contracts Inventory Housing Market Mortgage 438

Housing Wire

JANUARY 19, 2024

Today, we need context for the growth we’ll see in existing home sales in 2024. Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is a positive for housing in 2024 as most sellers are buyers.

Housing Market 456

Housing Market Inventory Contracts Marketing 456

Housing Wire

FEBRUARY 9, 2024

Our comprehensive guide to the best real estate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. The more authentic, the better. Think of your social media audience as like the waiting room for your owned audience.

Tools 462

Tools Real Estate Marketing Real Estate Agent 462

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Here are some of the big questions to ponder in 2024. by December 2024. by the end of 2024. by the end of 2024.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. Real estate will look different in 2030, perhaps even in 2024. in question.

HOA 446

HOA Real Estate Agent Technology Real Estate 446

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. trillion compared to $2.75 trillion in 2021.

Real Estate 36

Real Estate Sellers Home Value Inventory 36