Remove Contracts Remove Housing Market Remove Real Estate Agent Remove Sellers
article thumbnail

How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

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.

article thumbnail

The 2022 housing market: A tale of two halves

Housing Wire

Marty Green thinks of the housing market in 2022 as two very different movies. ” Houses were selling at a fever pitch in a matter of days, with multiple offers, waived contingencies and buyers paying $100,000(!) But the housing market in the second half of 2022? over asking price. High octane stuff.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Working with buyers in the nation’s hottest housing market

Housing Wire

Austin, Texas might be the hottest housing market in the country. 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. It is just a super tight housing market.

article thumbnail

No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

20, the National Association of Realtors said that contract signings were up 23% year over year. There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Usually, Merchant said the Sacramento housing market slows down after Labor Day, but doesn’t see that slowdown this year.

article thumbnail

Scottsdale housing market: Not just for snowbirds anymore

Housing Wire

But the Scottsdale housing market, and Arizona as a whole, has seen an enormous uptick in out-of-state movers in the past 14 months — when the COVID-19 pandemic began spreading across the country, ultimately allowing people to work from home and seek larger, more cost-effective lots to live on. “COVID just accelerated everything.”

article thumbnail

‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market.

Buyers 504
article thumbnail

Zillow believes the evolution of the industry will only help it grow

Housing Wire

In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” The simple answer is that Zillow is wholly focused on solving real consumer problems with software. million real estate license holders, many handle only one or two transactions a year. he posited. Of the approximately 1.5

Agents 406