Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. I’ve had many conversations with clients of mine from late April through early July, the market was total pandemonium. Presented by: NAMB.

Housing Market 536

Housing Market Marketing Real Estate Agent Real Estate 536

Housing Wire

APRIL 30, 2021

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.”

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Reconsideration of Value 78

Housing Wire

MARCH 15, 2024

At this early stage, it’s unclear how such commissions would be paid since buyers could pay their agents out of their pockets or negotiate commissions as a seller concession in the closing costs. You should be finding buyers before real estate agents anyway.”

Buyers 504

Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

DECEMBER 8, 2023

Ultimately, every homebuyer prospect, every contract and every negotiation is different, but your value should be consistent for all situations and clients. In today’s market, having a preapproval, at the minimum, is a must. Find them the right home Inventory is scarce, and will likely stay that way for a while.

Clients 432

Clients Real Estate Inspection Buyers 432

Housing Wire

NOVEMBER 7, 2023

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. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory.

Clients 432

Clients Buyers Real Estate Agent Real Estate 432

Housing Wire

MAY 28, 2021

Numerous other sales records were also set, including the median home sale price ($354,250) and number of days on the market (17, down from 36 one year ago). Diving deeper, for the two week period ending May 9, 2021, 57% of homes that went under contract had an accepted offer within the first two weeks on the market.

Buyers 421

Buyers Real Estate Agent Real Estate Inventory 421

Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. Fortunately, there are many ways you can sell your house fast.

Real Estate Agent 410

Real Estate Agent Tenants Real Estate Agents 410

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. Binney said.

Inspection 410

Inspection Real Estate Agent Real Estate Insurance 410

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings. Overall, Zillow reported $9.6

Renovations 384

Renovations Real Estate Construction Contracts 384

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 421

Buyers Mortgage New Listings Real Estate Agent 421

Housing Wire

DECEMBER 20, 2023

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. Has the drip run dry? That probably hasn’t changed.

Real Estate Agent 421

Real Estate Agent Buyers Real Estate Clients 421

Housing Wire

OCTOBER 26, 2021

In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. After 25 days on the market, there were no takers for the 1,400-square-foot home and Pellegrini counseled his client about potentially lowering the listing price. Zillow CEO Rich Barton.

Supply Chain 531

Supply Chain Real Estate Real Estate Agent Clients 531

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. I was already using buyer broker contracts, but now use them 100% of the time.

Agents 431

Agents Realtors Clients Real Estate Agent 431

Housing Wire

JULY 26, 2021

And on top of all that, any buyer in “contract” can get “gazumped” (contracted price goes up) at any time until the final weeks of that sale agreement. The cooperative MLS system exposes home listings to the largest number of potential buyers with an offer of compensation to any successful buyers’ agent. experience.

Real Estate Agent 384

Real Estate Agent Real Estate Sellers Legal 384

Housing Wire

APRIL 21, 2021

The typical luxury home that was for sale during the first quarter spent 61 days on the market — 38 fewer days than the same period in 2020. When looking at the largest markets in the U.S., When looking at the largest markets in the U.S., from a year earlier. from a year earlier.

Luxury Properties 491

Luxury Properties Real Estate Agent Inventory Real Estate 491

Housing Wire

JANUARY 8, 2021

For many of us, the start of a new year is usually synonymous with a renewed sense of professional self, focusing on new goals, new prospects for the year and, of course, the excitement for the upcoming spring real estate market. 2020 proved that we all need to work to find new ways to generate business.

Lending 450

Lending Mortgage Inventory Business 450

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. In their place are slick videos, glossy Instagram marketing photos and digital business cards. “I As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. CMS is going heavy on a rarely used mortgage product to solve this market problem.

Mortgage 384

Mortgage Loan Officers Government Buyers 384

Housing Wire

DECEMBER 21, 2023

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. A lot has changed and it’s time to remove the stigma.

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

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. The lender and LO can make or break the transaction.”

Buyers 397

Buyers Agents Loan Officers Real Estate 397

Realtor

OCTOBER 16, 2023

It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. Listing agents are going to recommend their seller ask for shorter time periods for loan approval.”

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

OCTOBER 16, 2023

It’s true that first-time buyers make up a larger piece of a smaller pie, as housing inventory shrinks. However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. Let’s use $10,000 as an example.

Agents 410

Agents Buyers Sellers Inventory 410

Birmingham Appraisal

JUNE 1, 2022

This can happen in the real estate market as well. As an appraiser, we must stay on top of what is going on in the market or we can miss the mark on value. Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data.

Agents 52

Agents Marketing Contracts Inventory 52

Berkshire Hathaway

JUNE 21, 2021

I know you are probably sick and tired of hearing about how crazy this market is, but sadly it’s the truth and we want to help you come out the other side unscathed! Experience: You can’t put a price on experience, a real estate professional has seen it all or done it all and that is invaluable! Why may you ask?

Real Estate Agent 63

Real Estate Agent Marketing Realtors Real Estate 63

Realtor

JULY 13, 2021

In our current seller’s market, the national inventory of active listings is down 43.1% year over year, according to the Realtor.com June 2021 Housing Market Trends Report. But some buyers in especially tight markets are taking even riskier measures to beat out competitors: They’re removing contingencies.

Inspection 203

Inspection Real Estate Agent Real Estate Buyers 203

Eppraisal

SEPTEMBER 7, 2022

The inventory of listed homes on the market has been historically low. This is starting to change, however and the market is starting to balance out. In many markets home sellers no longer have the leverage they did a few months ago. Sellers and their listing agents will have to put forth more effort now.

Real Estate 69

Real Estate Agents Real Estate Agent Marketing 69

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I For Matt Salway in the Virginia Beach metro area, the tight inventory conditions are creating a rather hot market.

Inventory 432

Inventory Buyers Agents Real Estate 432

Eppraisal

OCTOBER 26, 2021

This year the real estate industry is experiencing a market frenzy with a colossal amount of buyers looking for homes. The inventory of homes available is historically low. According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. We're currently at 3.7

Inspection 69

Inspection Buyers Real Estate Agent Contracts 69

Cleveland Appraisal Blog

AUGUST 20, 2021

That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. I’ve written about this topic in the past.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Realtor

APRIL 14, 2021

The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. There is a shortage of houses in many markets. But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”.

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

DECEMBER 6, 2023

This holds true for many of the most challenging situations in real estate. Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. This ounce of prevention can minimize the threat of legal issues — and is just good business sense.

Real Estate 410

Real Estate Legal Tenants Clients 410

Eppraisal

OCTOBER 2, 2021

Whether you're buying a home or selling a home, today's real estate market is hot. It's imperative, now more than ever, to have an experienced real estate agent who has your best interests at heart. There are key skills you should look for in your listing agent or selling agent.

Agents 36

Agents Real Estate Agent Marketing Real Estate 36

Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? One of the first questions new Realtors have for me is always 'how much money will I make in my first year?'

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Housing Wire

JANUARY 10, 2024

In one moment, you may be a content creator, and in the next, a customer service agent, administrative assistant, marketing strategist, copywriter and editor — all in one. Yet, in a competitive real estate market, agents don’t always have the luxury of investing months into long-term brand-building.

Real Estate 420

Real Estate Real Estate Agent Tools Agents 420

Housing Wire

AUGUST 18, 2023

Even in a hot seller’s market, there is aspirational pricing. Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. The average days on the market You should know this stat for properties like your subject property.

Sellers 370

Sellers Construction Real Estate Finance 370