Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? billion in Missouri alone.

Clients 419

Clients Agents Buyers Sellers 419

Housing Wire

NOVEMBER 7, 2023

It’s a fact: Buyer-side commissions are no longer a guarantee and no longer an entitlement. Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Be a matchmaker.

Clients 361

Clients Buyers Real Estate Agent Real Estate 361

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Clients 418

Housing Wire

OCTOBER 19, 2023

Event marketing can be key to success in building relationships and meeting new potential buyers and sellers. March: Think tax time, free CMAs, and closing statements that you can send to last year’s clients. This is one of the most popular projects for our coaching clients and many listings have resulted!

Real Estate Agent 404

Real Estate Agent Real Estate Agents Open Houses 404

Housing Wire

APRIL 16, 2024

with real estate night sweats and want to alleviate your stress by banging out a text does not mean the other agent, your buyer prospect, your seller client, or the appraiser wants to share your insomnia. 4: Timing is Everything: Just because you woke up at 2 a.m. This also applies to time zones. in Hawaii.

Real Estate Agent 343

Real Estate Agent Real Estate Agents Business 343

Housing Wire

AUGUST 14, 2023

Though this would typically signal a time for panic across the residential real estate profession, those who can focus on servicing their clients with a mind for the future will be well positioned for whenever the economics for home buying become more favorable. Provide clients with market updates.

Real Estate Agent 282

Real Estate Agent Real Estate Clients Agents 282

Housing Wire

OCTOBER 10, 2023

Many sellers have returned to offering concessions and dropping prices to entice buyers. The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. We’ve all witnessed the housing market slowdown that has occurred over the last year.

Home Improvement 444

Home Improvement Real Estate Agent Sellers Real Estate 444

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Regularly update content, share valuable insights about the local market, and interact with potential clients.

Real Estate Agent 345

Real Estate Agent Real Estate Agents Clients 345

Housing Wire

OCTOBER 11, 2023

Let’s start at the top —the analysts at KBW believe that a court-ordered injunction could “unbundle” commissions nationally by early 2024, eliminating the longstanding practice of listing agents and sellers setting and paying buyer agent commissions. Relatedly, the commission rates could decline by 200 bps or more.

Real Estate Agent 464

Real Estate Agent Real Estate Agents Brokerage 464

Housing Wire

OCTOBER 3, 2023

HousingWire recently spoke with Ashley Terrell, chief revenue officer at Milestones , about the value of real estate agents and why it is critical for the industry to start helping buyers’ agents justify their value not only during the 30-60 day transaction period but through the 7-10 year period of homeownership.

Agents 365

Agents Buyers Real Estate Agent Real Estate 365

Housing Wire

AUGUST 2, 2021

Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of San Diego. Do you need an agent when you have 10 buyers for every home?” The post Are homebuilders burning bridges with real estate agents?

Real Estate Agent 437

Real Estate Agent Real Estate Agents Realty 437

Housing Wire

JANUARY 18, 2021

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Buyers 545

Housing Wire

AUGUST 9, 2023

This piece will explore some of the key domains where AI is having the greatest impact for real estate agents, brokers and the innovative companies leading the charge. Automating client engagement Lead engagement is another crucial element of any real estate business.

Real Estate Agent 355

Real Estate Agent Real Estate Agents Clients 355

Housing Wire

JULY 28, 2023

Real estate agents and business leaders play a pivotal role in improving the cities in which they operate, making community service an essential value to their professions. Demonstrate your values to customers Buyers and sellers want more than just transactional relationships with their agents.

Real Estate Agent 298

Real Estate Agent Real Estate Agents Clients 298

Housing Wire

NOVEMBER 13, 2020

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone — even an agent recommended to you by a friend or loved one — is up to the task. How many other clients are you representing right now?

Real Estate Agent 545

Real Estate Agent Real Estate Agents Contracts 545

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. If you find success through Zillow, then that should be your primary focus.

Real Estate 383

Real Estate Clients Real Estate Agent Agents 383

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 501

Buyers Agents Mortgage Real Estate Agent 501

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

Buyers 394

Buyers Agents Real Estate Agent Clients 394

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

Agents 379

Agents Buyers Real Estate Agent Loan Officers 379

Housing Wire

JANUARY 29, 2024

Practice furiously fast lead follow up Answer your phone when you’re not with clients, and anyone who lands in your voicemail, Messenger, Whatsapp or other texts has to be called back immediately. Tim and Julie Harris host a podcast for real estate professionals. Don’t hide out from your leads.

Real Estate Agent 416

Real Estate Agent Real Estate Agents Inventory 416

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 363

Real Estate Agent Real Estate Agents Brokerage 363

Housing Wire

AUGUST 28, 2020

In the age of COVID-19, Peck Barham knew that prospective home buyers would pepper him with questions about home offices as they decamped downtown Birmingham for the spacious suburbs. But the agent with TeamBarham, Keller Williams Homewood didn’t expect the grub question. Across large swaths of the U.S.,

Real Estate Agent 475

Real Estate Agent Real Estate Agents Buyers 475

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life.

Real Estate 360

Real Estate Buyers Tools Real Estate Agent 360

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

Real Estate Agent 394

Real Estate Agent Real Estate Agents Marketing 394

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 372

Real Estate Agent Real Estate Agents Loan Officers 372

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 344

Buyers Contracts Agents Realtors 344

Housing Wire

NOVEMBER 14, 2023

Here are 14 real estate trends Gen Z buyers won’t pass up. Gen Z likes to stay close to home With the continued trend of remote work and little desire for a long commute, Gen Z buyers are moving to homes in walkable communities with nearby amenities. Gen Z values diversity and inclusivity.

Real Estate 449

Real Estate Buyers Renovations Open Houses 449

Housing Wire

FEBRUARY 21, 2024

Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry.

Real Estate 408

Real Estate Real Estate Agent Realty Clients 408

Housing Wire

FEBRUARY 23, 2024

Real estate professionals handle a plethora of personal data from buyers and sellers, making them enticing targets for cyber threats. Real estate agents, in particular, deal with extensive personal details during transactions, ranging from financial records to identification documents.

Real Estate 409

Real Estate Real Estate Agent Training Tools 409

Housing Wire

JANUARY 24, 2024

What constitutes a “lowball” offer, when is it appropriate or not appropriate and how can you encourage your buyer clients to stop insisting on offering a price that’s unlikely to result in an offer? So do buyer’s credit scores , ratios and down payment funds. See the difference? Script: “ Mr./Mrs.

Buyers 407

Buyers Sellers Agents Counter Offer 407

Housing Wire

JULY 25, 2023

Secret: Many of our coaching clients can set one expired appointment per day, take two listings per week, and are grossing over $1 million per year. You can sell that listing, generate buyers from your marketing, open houses, and prospecting around that listing, then lather, rinse, and repeat.

Real Estate Agent 269

Real Estate Agent Real Estate Agents Sellers 269

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. Attorneys, Realtors and clients are a big part of our repeat business.”

Agents 371

Agents Buyers Loan Officers Real Estate 371

Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. In fact, Austin has just about 1.2

Housing Market 533

Housing Market Buyers Marketing Real Estate Agent 533

Housing Wire

NOVEMBER 23, 2022

The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. It gives the buyer and seller the feeling of beating the mutual enemy, ‘the market,’ and gaming the system.”.

Buyers 467

Buyers Marketing Sellers Loan Officers 467

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. The real estate agent works with the seller and a Guaranteed Rate loan officer to pay a fee and lock in the discounted rate for a buyer.

Sellers 398

Sellers Real Estate Agent Loan Officers Mortgage 398

McKissock

JUNE 26, 2022

Part of knowing your audience as a real estate agent is anticipating what they need and expect from your services. Without accounting for your real estate clients’ common needs and expectations , you might be underperforming and risk losing their business. Help Get a Client Pre-Approved for Lending.

Real Estate Agent 66

Real Estate Agent Clients Real Estate Agents 66

Housing Wire

APRIL 3, 2023

Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes. If they work with a Rocket Homes partner agent, they’d receive nearly $5,000 toward their closing costs. (To

Agents 382

Agents Buyers Real Estate Agent Mortgage 382