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

Housing Wire

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I 20, the National Association of Realtors said that contract signings were up 23% year over year. Over the last four weeks ending on Sept.

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Buyers are getting cold feet as mortgage rates exceed 7%: Redfin

Housing Wire

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 406
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Redfin: Over half of buyers are going above asking price

Housing Wire

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. ” How real estate agents can alleviate consumer pain points in a tight market. Asking prices also reached an average of $361,875, another record high.

Buyers 414
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Home pricing rules: don’t go if you don’t know

Housing Wire

Arrogance is when they won’t listen to comps and have reasons other than real value to try to justify their price. Secret #2 Sometimes, especially in a low-inventory market, your potential seller client may know about comparable sales you didn’t capture. Are they listing and buying or just listing?

Sellers 364
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Agents, Are You Pricing For Today’s Market or Yesterday’s?

Birmingham Appraisal

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. Granted, the job of a real estate agent is to get the highest price for their client, but they must still live in the real world by studying historical sales trends.

Agents 52
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8 top real estate lead generation companies for 2024

Housing Wire

To generate real estate leads, SmartZip employs predictive analytics that sifts through consumer data from sources like credit card companies, market data from MLS and other demographic data. Real estate agents using SmartZip gain immediate access to its CRM populated with the data.

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Key Skills Your Agent Should Possess in Today's Market

Eppraisal

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. The real estate markets in 2020 and so far in 2021 have been like no other.

Agents 36