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RealReports enhances property document analysis with new multimodal AI feature

Housing Wire

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

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How to make at least $100,000 in 100 days as a real estate agent

Housing Wire

When you list two homes per month, you will automatically attract buyer business as well, so focus on listings. Expired listings Expireds are near the top of the list because these sellers want to sell and many have to sell. Aspirational pricing and competition from new construction has created more expired and withdrawn listings.

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6 strategies to get more from your MLS searches

Housing Wire

Real estate agents and brokers , are you relying solely on that buyer drip you set up for your motivated and qualified clients? Today we’ll show you how to deploy 6 creative ways to get more from your searches so you can get those buyers in contract faster. Are your buyers being more proactive than you are?

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DataDigest: The pandemic housing frenzy never went away in these markets

Housing Wire

For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity. You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey.

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3 mortgage industry trends that will define the rest of 2021

Housing Wire

Emerging out of the pandemic, the first half of 2021 showed that there is a historically low housing inventory across multiple markets in the U.S. The subsequent lack of inventory, coupled with the high demand, has caused buyers to compete for properties, offering incentives and prices way above the asking price.

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The housing market faced uncertainty in March, but now ‘it’s a circus’

Housing Wire

Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In Their housing needs have changed.

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

Builders began construction on just under a million single-family homes in 2020. The Institute outlined four ways innovative builders could accommodate the emerging buyer wants: Immersion into nature. See the August housing report further below, if you dare!). BY THE NUMBERS. >> Buyers secured 3.8 That’s fair.