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DataDigest: 281 Realtors sound off on future of commissions in HousingWire survey

Housing Wire

Ask the average real estate agent or broker in America if they believe the National Association of Realtors (NAR) and brokerages are likely to win the bombshell Sitzer/Burnett commission lawsuit case on appeal. Such an outcome, many predict, could eventually force a disassociation between the Realtor-owned MLSs and the NAR mothership.

Realtors 369
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Even with falling rates, the housing market is shaping up to be bad in Q4

Housing Wire

That’s the largest year over year existing home sales decrease since 2007. More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. Presented by: Percy.

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State of the mortgage industry half-time report

Housing Wire

However, the lenders and loan officers who will be most successful in the second half of 2022 will be those who pivot quickly, understanding both the nuances of the market and the best strategies to help solve problems for today’s homeowners, homebuyers, homesellers, Realtors and financial advisors.

Mortgage 368
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Dave Stevens on understanding this housing market

Housing Wire

Many loan originators who were the most dependent on refinance volume woke up in 2022 only to realize that the skill sets to sell a mortgage via a Realtor or other referral partner in a rising rate market is entirely different from refinancing someone into a 2-3% mortgage rate. Potential homebuyers want to buy.

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Fluffing, decreases home values

Town & Country Residential Appraisals

They include: Grandma’s house: Realtors interpret this to mean a) the house hasn’t been updated since Grandma moved in or b) it still smells like Grandma. But to the original claim that fluffing decreases home values, lets explore how. What happens if we “Fluff” the property to a home with great “potential?”

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Unexpected HOA Rules New Homeowners Should Know

Eppraisal

Mailbox Rules When you think of maintaining your home value and being a good neighbor, the mailbox you choose may not be the first thing that comes to mind. Over time, as boards come and go, members present new ideas and may raise dues. New homeowners should make sure any past HOA fees are paid in full before closing on a home.

HOA 36
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The 7 Craziest Mistakes Realtors Make in Fort Hood, TX

Hood Homes Blog

Call it “Zillow Derangement Syndrome” If you aren’t plugged into the real estate scene, go find your closest Realtor friend and just say “I love Zillow” Then I recommend running away very quickly. When Zillow launched onto the scene over a decade ago, it rattled Realtors. Using Active Listings in CMAs.