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Here’s how to find property owners ready to sell

Housing Wire

“There’s still a massive amount of buyers and not enough inventory,” said Tyler White, Senior Vice President of Operations at PropStream, a real estate data provider. Access to property data and an ability to efficiently target prospective sellers can give agents and brokers a competitive edge in this low-inventory environment.

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Housing Shortage in Maryland

Robinson Appraisal Group

The low inventory of available homes combined with high interest rates has made it difficult for potential buyers to find an affordable home in the area. Harford County homes for sale are down 19.2%, Baltimore County inventory is down 30.2% So, why is the inventory amount for houses on the market so low??

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A Guide to Property Investment Software Realtors Need in 2024

Listing Spark

The real estate industry is no exception, and realtors who specialize in (or at least serve) property investment clients are seeing the beginnings of a complete technological transformation through AI and increasingly smart tools , such as property investment software. Realtors provide insights for pricing strategies.

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Various Shades of Buyer Representation

Eppraisal

Sellers usually pay real estate commission, and the seller’s brokerage cooperates and shares commission with the buyer’s brokerage. If the seller’s brokerage is not cooperating and sharing commission, you may find yourself paying your buyer’s brokerage the commission. Treat all clients honestly.

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What to Expect from the Real Estate Market This Winter

Eppraisal

High demand and low inventory have lifted home prices nearly 20 percent over what they were in the autumn of 2020. Again, good news for sellers; a headache for seekers. Home Buyer Profiles The number of first-time home buyers is growing substantially , according to the National Association of Realtors.

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Santa Monica: An unexpected haven for first-time buyers

Housing Wire

In March, first-time buyers were responsible for 32% of sales, up from 26% in February and 28% a year prior, according to data from the National Association of Realtors. In addition to making buyers more prudent in their purchases, local real estate professionals also say interest rates are to blame for the area’s lack of inventory.

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Inflation's Impact on the Housing Market

Eppraisal

As is evident, a seller can take advantage of inflation with a high sales price, especially if the seller is downsizing to a less expensive residence. It follows that the realtor commission will also be more substantial. Of course, myriad factors are involved in home values, but inflation must be accounted for.