Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. You should be finding buyers before real estate agents anyway.”

Buyers 501

Buyers Agents Mortgage Real Estate Agent 501

Housing Wire

JUNE 14, 2024

Embrace continuous learnin g Integrating continuous learning into daily routines is crucial for real estate professionals. Prioritizing education while managing distractions helps agents focus on growth areas. Disciplined information management allows agents to stay aligned with their goals and supports professional development.

Real Estate 308

Real Estate Agents Real Estate Agent Legal 308

Housing Wire

MARCH 29, 2023

“Purchase applications remain over 30% behind last year’s pace, but recent increases, along with data from other sources showing an uptick in home sales, is a welcome development.” Census Bureau and the Department of Housing and Urban Development ( HUD ). But it’s not just mortgage demand that has fluctuated recently.

Mortgage 393

Mortgage Real Estate Agent Buyers Loan Officers 393

Miller Samuel

DECEMBER 4, 2019

Lisa mentioned the topic of "inventory loans" that developers are relying heavily on to limp to the next upcycle with lots of unsold inventory. Hedge funds have dived headfirst into this space, even developers who are in good financial state are lending money on unsold condo inventory.

Real Estate Agent 195

Real Estate Agent Inventory Development Agents 195

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term. Of course not.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

APRIL 22, 2024

Many of us are in sellers’ markets with very low inventory. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. While some agents choose to handwrite these, it can be time-consuming. Dear (first name), I’m (your name), a local real estate professional with (brokerage).

Real Estate 336

Real Estate Open Houses Brokerage Real Estate Agent 336

Housing Wire

JULY 21, 2021

And if the sheer size of the gated, master-planned complex known as The Villages doesn’t convince you of the uniqueness of the community – which was developed in the 1980s by developer Harold Schwartz and his son H. Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents.

Real Estate Agent 395

Real Estate Agent Real Estate Realty Agents 395

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. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 334

Agents Realtors Clients Real Estate Agent 334

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 372

Real Estate Agent Real Estate Agents Brokerage 372

Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Interest rates were so low, at 2.5%

Housing Market 411

Housing Market Real Estate Agent Marketing Real Estate 411

Housing Wire

MARCH 13, 2024

The number one differentiator about our program is we understand that as a real estate agent, you have one job: to generate leads,” says SERHANT. Miles-Crocker’s courses could be beneficial if you are new to agent life or looking to get your business reorganized. Who’s it Best For? is the way to go.

Real Estate 426

Real Estate Real Estate Agent Agents Training 426

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why It’s Hard to Meet Housing Inventory Needs Right Now. Why Is U.S.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

MARCH 25, 2022

This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. Dhingra has over 20 years of experience helping homebuyers and real estate agents and is an expert when it comes to harnessing the power of social media to help educate and inform people on the home-buying process.

Inventory 326

Inventory Technology Real Estate Agent Tools 326

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

MAY 11, 2021

How Opendoor could sell comparably fewer homes in Q1 amid historically high demand and low inventory was not addressed on a Tuesday earnings call. Founded in 2014, Opendoor is a pioneer in cash home-buys moving online, and an alternative to home sellers having to work with real estate agents.

Real Estate Agent 313

Real Estate Agent Real Estate Brokerage Inventory 313

Housing Wire

MAY 10, 2021

Chat with a few real estate agents based in Harrisburg, Pennsylvania — a city ninety minutes from Baltimore and two hours from Philadelphia — and a similar topic will undoubtedly emerge: the capital of the Keystone State has become one of the most popular places to move to in the entire country due to low home prices.

Buyers 219

Buyers Real Estate Agent Real Estate Inventory 219

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.” Others didn’t respond.

Buyers 373

Buyers Agents Loan Officers Real Estate 373

Housing Wire

APRIL 18, 2023

Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. Now that the market has turned, do you see any challenges for your purchase call center agents ?

Retail 291

Retail Business Agents Loan Officers 291

Birmingham Appraisal

JANUARY 24, 2024

As someone knee-deep in residential real estate appraisal, I’ve got a nugget of wisdom to share: housing statistics are your not-so-secret weapon for leveling up in the real estate hustle. Quick Lowdown for Real Estate Agents Let’s keep it real—real estate is more than just bricks and mortar changing hands.

Real Estate Agent 64

Real Estate Agent Real Estate Inventory Buyers 64

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. While the real estate agent gets a commission, whether an LO gets paid from an assumable mortgage depends on their individual lender’s setup. CMS is going heavy on a rarely used mortgage product to solve this market problem.

Mortgage 361

Mortgage Loan Officers Government Buyers 361

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

Real estate agents are typically the individuals who provide information in the MLS. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. Agents rely on a CMA to develop an opinion of the price a home should be listed for.

Agents 374

Agents Appraisal Renovations Development 374

Housing Wire

DECEMBER 16, 2021

How will the Federal Reserve respond to economic developments in 2022, and what will be the impact on mortgage rates? The inventory of existing homes remains quite tight at less than 2.5 The inventory of existing homes remains quite tight at less than 2.5 This additional inventory is sorely needed. What if it doesn’t?).

Marketing 451

Marketing Mortgage Supply Chain Inventory 451

Housing Wire

APRIL 19, 2023

Homelight surveyed real estate agents who found ADU ROIs to be neutral to negative, depending on the location. ROIs are tough to calculate, but there are rules of thumb Look around the web and you’ll find that ROI estimates (and rules of thumb to help estimate ROI) for ADUs are all over the place.

Buyers 320

Buyers Real Estate Construction Finance 320

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent. We do a lot of seminars,” Armstrong explained. “I

Clients 378

Clients Agents Buyers Sellers 378

Birmingham Appraisal

FEBRUARY 6, 2024

A great skill to have for a real estate agent, or anyone in the real estate industry, is the ability to download sales data from your local MLS and import it into a spreadsheet program like Excel or Google Sheets. In simple terms, the Months of Inventory is like a thermometer for the real estate market.

Inventory 77

Inventory Real Estate Sellers Buyers 77

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. Consider longevity Have you heard the saying, “Tough times don’t last, but tough people do”?

Real Estate 384

Real Estate Legal Tenants Clients 384

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

Hank Miller Team

JANUARY 16, 2023

One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result. The number of real estate agents soared to record highs, as did buyer remorse and complaints.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Genworth MI Blog

JULY 13, 2023

The current housing market has been met with low housing inventory, yet demand is still relatively high. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. That’s where you, the lenders, can step in and help.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Housing Wire

APRIL 19, 2024

The recent commission lawsuits have had a profound impact on real estate agents and brokerages as they face increased scrutiny and pressure to provide more transparency in their commission structures and potential conflicts of interest. Click here to nominate someone.

Training 417

Training Real Estate Agent Real Estate Agents 417

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 347

Mortgage Real Estate Inventory Construction 347

Housing Wire

APRIL 14, 2022

I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. of the lender’s total mix last year, and its sweet spot of government loans aren’t as competitive as agency product in a low-inventory environment. But Woodward struggled to originate purchase loans. “I

Mortgage 521

Mortgage Marketing Retail Lending 521

Hank Miller Team

JULY 7, 2022

The screaming from real estate agents about low appraisals was over done drama. Appraisers are expected to fully develop the Market Conditions form and provide pending and active comparables in addition to close sales; underwriters want to understand current conditions. Expect that to change.,

Appraisal 52

Appraisal Real Estate Agent Contracts Real Estate 52

Lamacchia Realty

JUNE 7, 2023

Understanding your options for a home mortgage will also significantly benefit you in developing your home-buying plans. In a seller’s market, inventory is typically low, meaning there is less competition for sellers and higher offers on homes. Many borrowers believe that they need at least 20% down, but that isn’t necessarily true.

Real Estate Agent 67

Real Estate Agent Real Estate Realty Buyers 67

Housing Wire

FEBRUARY 8, 2024

Real estate farming also includes traditional marketing methods like sending direct mailers, knocking on doors and nailing your locally relevant social media presence. Why should I try real estate farming? If you have a marketing need, it’s got the AI-assisted real estate marketing tool for you.

Real Estate 311

Real Estate Tools Agents Real Estate Agent 311

Birmingham Appraisal

JUNE 1, 2022

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

Agents Marketing Contracts Inventory 52

McKissock

OCTOBER 26, 2020

This is partly because Maine has historically lacked a high inventory of larger properties, he adds. Our business has grown every year since 2010 and would have grown more if not hampered by low inventory. “In In today’s market, it’s more important than ever for agents to educate their buyers and sellers.

Buyers 61

Buyers Sellers Agents Real Estate Agent 61