Housing Wire

DECEMBER 20, 2023

Are they out there knocking on doors, sending letters and going to new builds, FSBOs and open houses? Finding the right house for your buyers in today’s market is a bit like a safari. If your buyers can’t or won’t compete for scarce inventory, change your strategy. That probably hasn’t changed.

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Housing Wire

MARCH 15, 2024

These efforts include having open house programs to help seller agents and co-marketing home listings with these professionals, using social media to reach borrowers, and sometimes buying leads, according to Kortas. Having to be somebody’s confidant and advisor on the real estate part would be “tough.”

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Clear Capital

DECEMBER 28, 2023

Martin for Bankrate We may be in the thick of winter, but many homebuyers and sellers are starting to have warm thoughts about the housing market. Yet home prices remain high and inventory levels are tight in many markets. Homebuying and open house visits also ramp up starting in March.”

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Cleveland Appraisal Blog

APRIL 15, 2021

Although certain things, such as crowded open houses, will be off-limits for the time being, it’s still entirely possible to buy a new home. In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio.

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Housing Wire

NOVEMBER 2, 2023

They don’t just cater to new agents: lead generation companies can also complement traditional lead generation methods — open houses, home buying seminars and referrals, to name a few — thereby helping to build your pipeline of leads. Choose the option that best fits with your personality.

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Real Estate Real Estate Agent Tools Agents 424

Housing Wire

AUGUST 28, 2020

Used in conjunction with listing presentations, these tools take recent sales, current inventory and list pricing, market absorption and a variety of other factors into account to help you determine the right price. By far the most popular conversion tools out there are Comparative Market Analysis tools. It can also do a lot more than that.

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Tools Sellers Real Estate Contracts 268

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

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Bracketing Marketing Sellers Buyers 69

Lamacchia Realty

JANUARY 4, 2022

Obtain a mortgage pre-approval before going into any open house. Settling Because You Think There’s Nothing Better In a typical year, the inventory of homes on the market fluctuates as the year progresses. In 2021, buyers continued to see low inventory and high demand and as we head into 2022, we will see much of the same thing.

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Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.

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Mortgage Loan Officers Inventory Business 446

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

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Housing Wire

OCTOBER 20, 2023

and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door. Share community news, events, yard sales and, of course, any Open Houses hosted by you, your team or brokerage. To maximize their potential, develop a well-thought-out strategy.

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Real Estate Tools Open Houses Advertising 417

Zillow

SEPTEMBER 12, 2019

Old inventory may mean deals. You’ll likely notice fewer buyers at open houses, which could signal a great opportunity to make an offer. The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves - and this slower pace could be good for buyers.

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Housing Wire

MAY 10, 2023

For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity. You may have seen a picture making the rounds on Housing Twitter and LinkedIn recently. It shows about 50 people waiting in line at an open house in Mount Laurel, New Jersey.

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Loan Officers Marketing Inventory Real Estate Agent 382

Lamacchia Realty

OCTOBER 13, 2021

Open minds are key. It is the age of technology, so most buyers see lots of homes online before ever setting foot in an open house or a private showing. While we’ve seen some relief from historically low inventory levels from last year through this past spring, buyers are still dealing with higher competition.

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Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

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Inman

NOVEMBER 15, 2023

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market.

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Clients Agents Marketing Open Houses 167

Lamacchia Realty

MARCH 17, 2022

A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates.

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Sellers Realtors Buyers Inventory 71

Lamacchia Realty

JUNE 21, 2021

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. Although historically speaking its still very high as you can see compared to prior years.

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Housing Wire

NOVEMBER 24, 2020

14, a move that suspended open houses , although private showings are allowed with no more than five people. What is this second lockdown going to do to the red-hot Seattle housing market? In October, there was less than a month’s worth of inventory in this market.

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Housing Market Marketing Open Houses New Listings 427

Housing Wire

FEBRUARY 8, 2024

Real estate farming tools Whether hosting open houses, first-time homebuyer workshops or seasonal neighborhood events, these tools will help you become a go-to local expert. Current inventory: Monitor the current homes available for sale, including the types of homes, price ranges and unique property features.

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Real Estate Tools Agents Real Estate Agent 402

Houston Properties

JULY 18, 2022

Property inventories are shrinking. Despite the surge of new construction homes in the area, the Energy Corridor inventory has become one of the tightest in Houston. We have dedicated people doing staging, marketing, social media, open houses, and showings. The average length of day of a listing on the market is 49 days.

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Real Estate Real Estate Agent Realtors Agents 36

Empire Appraisal Group

JANUARY 4, 2023

The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. Even if sellers don’t come out in quite their usual numbers this year, there may still be enough additional inventory to push home prices down. It would take just 3.3 Seniors who need to move for health-related reasons.

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Inventory Open Houses Sellers Real Estate 78

Cornerstone

APRIL 2, 2021

Housing authorities like Freddie Mac predict a “strong spring sales season” ahead. Buyer activity remains high , and low inventory continues to pose a problem. This year, the average house is receiving about 50-percent more attention than it did a year ago. So, your home is likely to be in demand. Switch to natural scents.

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Decorating Buyers Sellers Loan Officers 41

Listing Spark

JULY 5, 2023

Real estate investors who want to stay nimble in this market (especially as inventory stays low and prices stay meteorically high) need to adopt every tool at their disposal to stay informed and to quickly assess homes just entering the marketplace.

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Real Estate Investors Tools Property Management 36

Home Junction

APRIL 30, 2020

Many potential sellers don’t want open houses and are reluctant to have people walking through their homes. Since inventory is tight, and there is still a huge number of Millennials out there looking to purchase, that will create activity even during a slowdown. They’re delaying the process for a couple of months.”

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Marketing Real Estate Home Value Agents 69

Housing Wire

OCTOBER 21, 2020

Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In Once COVID-19 caused much of the U.S.

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Housing Market Marketing Real Estate Agent Real Estate 545

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

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Bracketing HOA Sellers Buyers 66

Houston Properties

JULY 20, 2022

It has a tight inventory with homeowners rarely selling their property. We have dedicated people doing staging, marketing, social media, open houses, and showings. Avalon Place remains to have a strong real estate performance over the past decade. The majority of the homes sell close to their asking price.

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Real Estate Agent Real Estate Realtors Agents 36

Home Junction

MAY 28, 2020

But many others are citing a major reason for this is because inventory is still low, which frankly, was an issue earlier. Because it may be difficult for buyers to visit multiple properties and attend open houses, the search process will need to be narrowed down ahead of time. There are mixed signals in the environment as well.

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Marketing Real Estate Agents Buyers 36

Housing Wire

JANUARY 10, 2024

While lead generation companies are one option, agents also obtain leads through traditional avenues like referrals, open houses, community events and their personal networks. Real estate agents acquire leads from multiple sources.

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Real Estate Real Estate Agent Tools Agents 409

Home Junction

MAY 14, 2020

The software will send them market updates with the number of homes for sale, existing inventory, trends in sale prices, and other critical data. Perhaps they have an open house coming up. In the automated program, plug in homeowners who have expressed an interest in selling. Email Campaigns Sent on a Consistent Basis.

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Assurance Financial

MAY 10, 2022

Though many individuals are interested in purchasing a home, the inventory of available properties is low. Sellers have an advantage in this housing market since the lack of available homes creates more competition among buyers. Increasing prices and decreasing inventory often indicate a seller’s market.

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Marketing Real Estate Agent Sellers Buyers 69

CA Realty Training

MARCH 15, 2021

In essence, it provides agents with an inventory of properties. How to Find Open Houses on the MLS. Another great feature of the MLS is the Open Houses section. . You can see all the properties that are holding an Open House in that area and take your buyer to preview those homes without an appointment.

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Real Estate Open Houses Agents Advertising 36

D Fritz Appraisals

JULY 15, 2020

Live-streamed open houses, virtual walkthroughs, masks and sanitizer waiting at listed homes became common as the first weeks wore on. Competitive/ multiple offers have also become common due to limited inventory. The Vancouver Island Real Estate Market Bounces Back. Despite a slow spring, home prices continued to rise.

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Real Estate Valuation Inventory Insurance 148

Houston Properties

JULY 19, 2022

The Piney Point real estate market can be challenging to navigate, especially with its low inventory. We have dedicated people doing staging, marketing, social media, open houses, and showings. Piney Point Village provides a great combination of an idyllic country-living vibe and the comforts of living next to the city.

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Real Estate Real Estate Agent Realtors Agents 36

Lamacchia Realty

JUNE 21, 2021

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. This means that more inventory is lingering on the market now that more homes are being listed.

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Inspection Buyers Inventory Sellers 69

Raleigh Realty

FEBRUARY 19, 2022

Not only does this help new agents learn all the inventory in their local markets but it also gets them familiar with driving through all the subdivisions and neighborhoods. I worked open houses, made daily calls to my database, and focused on my “sphere”. I was discouraged from this when I got into the business.

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