Remove Housing Market Remove Inventory Remove Real Estate Remove Real Estate Agent
article thumbnail

More real estate agents are switching brokerages: Relitix

Housing Wire

With market uncertainty, real estate agents had been sticking with their current brokerage., While inventory is still low, professionals are seeing light at the end of the tunnel. As confidence in the 2024 housing market grows, so does agent’s confidence in their ability to make a move to a new broker.

article thumbnail

Where real estate agents can find listings today

Housing Wire

Inventory is still low and that’s exactly why it’s important to target the sellers who are more likely to move. Offer your database an annual real estate check up. “Hi In fact I am even offering all my friends and clients an annual real estate check up. Perfect your process. Then choose another!

Insiders

Sign Up for our Newsletter

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

article thumbnail

How is the housing market impacting real estate agents?

Housing Wire

A real estate agent at Compass Florida in Coconut Grove, Schechter has 12 years of experience in the real estate industry, so he’s familiar with its cyclical ups and downs. But today’s housing market has forced him to pivot to remain successful. This market is like nothing we’ve ever seen,” he said.

article thumbnail

Typical homebuyers made $107,000 annually, used a real estate agent in 2023: NAR survey

Housing Wire

“Given the erosion of housing affordability due to higher home prices and mortgage rates , the household income for those who successfully purchased homes jumped by nearly $20,000 and topped six figures for only the second time in our records,” Jessica Lautz, NAR deputy chief economist and vice president of research, said in a statement. “In

article thumbnail

Real estate agents are bracing for the impact of the commission lawsuits

Housing Wire

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

article thumbnail

Real estate agents wonder if inventory levels will ever return to ‘normal’

Housing Wire

Nationwide, pre-pandemic the first week of February typically marks the lowest point for housing inventory during the year, as sellers return to the market in time for spring, but since the onset of the pandemic this predictable trend has been thrown out the window. “

article thumbnail

Seattle tops list of best metros for real estate agents

Housing Wire

cities determined that Seattle is the top market for real estate agents to currently work in, and Corpus Christi, Texas, was deemed the worst. In studying the cities, two factors were considered — job opportunity and competition, and real estate market health. A recent WalletHub study of 179 U.S.