Housing Wire

JANUARY 4, 2024

After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024 HousingWire BrokerPulse survey are optimistic that the next three months will be positive. ” The value education was mentioned across the board.

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Brokerage Real Estate Training Buyers 374

Housing Wire

OCTOBER 20, 2020

Knock Home Swap has expanded into Orlando, Florida and Tampa, Florida, its first markets in the Sunshine State. Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. The post Knock Home Swap solution enters the Florida market appeared first on HousingWire.

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Marketing Realty Agents Training 399

Housing Wire

MAY 24, 2024

With the industry quickly changing and the market conditions that we are facing, the impact of both having this strong network of our affiliated agents and brokers, but also the power of the scale of our organization behind them is really evident. I have also learned a lot about the power of scale.

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Agents Real Estate Training Tools 345

Housing Wire

FEBRUARY 26, 2024

Real estate marketing isn’t just about posting a few property listings and hoping for the best. The most successful real estate agents aren’t always the ones with the most experience — but rather those who know how to leverage the best real estate marketing companies and digital tools for their success. per month plus $249.95

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Real Estate Business Real Estate Agent Marketing 358

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Regularly update content, share valuable insights about the local market, and interact with potential clients.

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Real Estate Agent Real Estate Agents Clients 355

Housing Wire

FEBRUARY 27, 2024

Despite these massive headwinds, we have positioned Compass for significant upside when the market begins to recover.” Compass attributed some of these struggles to the slower housing market of 2023, which saw Compass close 178,848 transactions, down 15.5% million in 2022.

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Agents Brokerage Buyers Training 336

Housing Wire

OCTOBER 3, 2023

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. In addition, 52% predicted the market would be flat this quarter, similar to sentiment in the third quarter.

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Real Estate Brokerage Agents Training 344

Housing Wire

APRIL 24, 2024

Reputational challenges , the narrow focus of the product and low mortgage market penetration are just a few of the reasons why. After I transitioned into wholesale marketing, we had very few resources. I knew the first thing we needed to do was to combine our training and marketing approach,” he said.

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Mortgage Loan Officers Training Business 323

Housing Wire

OCTOBER 25, 2023

Ketchmark also questioned Blefari about the training video in which Blefari said, as an agent, his commissions started at 6% and went up. “I It’s a negotiation with the seller.” However, he said this might not be in the best interest of the seller. I was a successful agent. The value I add, I believe, is worth 6%.

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Sellers Realtors Agents Buyers 393

Housing Wire

MARCH 18, 2024

Due to this, Edgerton and other industry leaders believe it is essential for agents to focus on training and education as the mid-July deadline looms just a few months away. If the seller is willing to have that discussion, then you and your buyer can see what they would be willing to cover.” More off-MLS listings?

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Brokerage Real Estate Agents Sellers 394

Housing Wire

SEPTEMBER 28, 2023

Our market is popular with out-of-state buyers and agents relocating from other states. It’s very difficult to be an unaffiliated brokerage right now and compete with franchises who offer technology and training. Gene Boone will continue to run the firm with his business partner and grandson Owen Boone.

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Brokerage Technology Agents Training 354

Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? After months of paperwork and organizing teams, many experts believe the allocated funding will start positively affecting the real estate market. Secondary Real Estate Markets On the Rise. construction sites.

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Real Estate Supply Chain Marketing Construction 435

Housing Wire

MAY 3, 2024

While there are a lot of factors currently affecting the real estate market, one thing remains constant: RE/MAX agents leverage their skills, experience and competitive advantages to serve as many customers as they can,” said Erik Carlson , who was appointed as the firm’s CEO in November.

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Agents Real Estate Training Buyers 333

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Lower production volume means cutting staff and restructuring to better focus on the purchase market, Cohen said.

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Buyers Housing Market Marketing Real Estate Agent 379

Housing Wire

JANUARY 25, 2024

The number of agents switching brokerages is ticking upward and markets are stabilizing across the country. Just remember that even though agent mobility and the market are improving, competition for the best agents will still be fierce in 2024. Thankfully, 2024 is shaping up to be a much better year for recruiters. More on this later.

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Real Estate Agent Real Estate Agents Brokerage 379

Housing Wire

MARCH 13, 2024

Similarly, data-driven marketing can be more cost effective, helping you focus your marketing budget on homeowners who are most likely to sell, and on buyers who are actively looking for their next home. Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you.

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Real Estate Agent Tools Real Estate Agents 361

Housing Wire

MARCH 22, 2022

MIAC) is in the market with two whole-loan offerings of nonperforming Ginnie Mae-insured mortgages that combined are valued at more than $1.2 The seller is not identified for either deal. Still, the larger interest-rate dynamics now in play are creating price pressures in the market. “If Mortgage rates, rates.

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Marketing Insurance Sellers Mortgage 289

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

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Finance Real Estate Agent Real Estate Insurance 425

Housing Wire

SEPTEMBER 13, 2022

Even recently, with technologies like virtual tours or dollhouse-style immersive walkthroughs that provide floor plans, those services can be expensive and require special training and equipment and take a long time to collect data, Allen explains. And it provides major benefits to your sellers and prospective buyers.”.

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Training Buyers Technology Sellers 356

Housing Wire

OCTOBER 26, 2023

During plaintiff lead attorney Michael Ketchmark’s cross examination of Warner, he presented her with some statistics showing that HomeServices affiliated agents in four Missouri markets paid buyer broker commissions of roughly 3% in at least 88% of the transactions completed between 2015 and 2022. We don’t want people unrepresented.”

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Law Agents Brokerage Buyers 345

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal.

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Sellers Real Estate Appraisal Appraisal Process 82

Housing Wire

OCTOBER 17, 2023

In agent training videos, Blefari said he pre-writes a 6% commission into all his listing agreements and that he only negotiates commissions if they go up. “I This artificial and severed market structure created by Defendants’ conduct deters price-cutting competition and innovation, resulting in inflated commissions,” the brief states.

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Sellers Agents Buyers Realtors 390

Housing Wire

AUGUST 11, 2023

In the current market , where volume has decreased, this is less of a concern. In markets with higher volume, such as 2020-2021, it can be difficult for appraisers to keep up with demand — which slows loan processing times and drives up costs for borrowers. Over the past decade, the number of active appraisers has remained static.

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Valuation Modernization Training Appraisal Process 292

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Those details are clearly established in the listing agreement between your brokerage and the seller.

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Agents Buyers Training Law 376

Housing Wire

MAY 8, 2024

In down markets, the best agents and the best brokerages gain market share,” Reffkin, the CEO of Compass, told investors and analysts during his firms first-quarter 2024 earnings call on Wednesday evening. “We Year over year , Compass gained 26 basis points of market share, bringing its total share of home sales in Q1 2024 to 4.76%.

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Agents Brokerage Real Estate Clients 343

Housing Wire

OCTOBER 16, 2023

At the crux of the case is the allegation that commission rates are too high, it’s unfair that the seller pays the buyer’s agent’s commission, and that the National Association of Realtors’ (NAR) Code of Conduct and MLS Handbook lead to set pricing.

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Buyers Brokerage Agents Realtors 448

Housing Wire

FEBRUARY 8, 2023

“ The company said the goal is to cut down on the “friction” that can be experienced by buyers, sellers, agents and LOs during the housing transaction process. In addition, the company wants to provide an ownership vehicle that allows parties to capture more revenue in the transaction.

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Brokerage Mortgage Training Lending 335

Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). to 358 loans).

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Retail Mortgage Real Estate Agent Business 350

Housing Wire

OCTOBER 23, 2023

In the deposition, Michael Ketchmark, the lead attorney for the plaintiffs, asked Warner to comment on a training script from HomeServices CEO Gino Blefari in which he said that when he was an agent, he was supremely confident and would tell prospective clients that while commissions are negotiable “they only go up from 6%.”

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Law Agents Realtors Contracts 407

Housing Wire

NOVEMBER 16, 2023

billion in damages to residential home sellers who successfully proved that the organization – which represents real estate agents at most of the top brokerages in the United States – colluded with other defendants to inflate agent commissions. Unless the decision is appealed, NAR will have to pay at least $1.8

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Realtors Contracts Real Estate Agents 390

Housing Wire

NOVEMBER 15, 2023

Quite a few were complimentary of the lobbying work done, classes, training and, yes, MLS access. Asked if they felt their compensation should change depending on the market and economy, 61.5% Recent events have tarnished that image badly,” said a third Realtor. of respondents said no. Not the consumer.” “The

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Realtors Agents Real Estate Real Estate Agent 376

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. Many real estate professionals discount the seller lead. Many real estate professionals discount the seller lead. But real estate seller leads are important because they represent commodities for brokers.

Real Estate 407

Real Estate Brokerage Valuation Clients 407

Lamacchia Realty

JANUARY 12, 2024

Lamacchia Realty achieved multiple Number One Rankings for Market Share in 2023 in Worcester & Leominster. Lamacchia provides industry-leading training , support , systems , and technology to its agents so they can reach their fullest potential and best serve their clients.

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Realty Marketing Realtors Training 69

Housing Wire

JANUARY 26, 2024

They will try to woo you with promises of free marketing materials, high commission splits, and fancy tech tools. Brokerage Commission Split* Best for Range: 50/50 to 90/10 Agents who appreciate free perks like marketing materials, office space, etc. But how do you really decide which is the best real estate company to work for?

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Real Estate Brokerage Agents Real Estate Agent 384

Housing Wire

MAY 2, 2024

The housing market has shifted. Today it’s dominated by baby boomers who make up 39% of all homebuyers and 52% of all home sellers. Accommodate the trifecta Those Realtors, builders and originators who choose to serve this massive market shift, will need to accommodate the Retirement Trifecta.

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Realtors Training Real Estate Design 364

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. We negotiated to get the sellers the highest price possible.

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Real Estate Open Houses Brokerage Real Estate Agent 342

Housing Wire

FEBRUARY 6, 2024

Even as the housing market slowed in 2022 and 2023, the fraudulent activity of bad actors did not let up. home buyers and sellers it survey were targeted with suspicious or potentially fraudulent activities, while 10% were targeted for real estate fraud and 5% suffered losses during their real estate transaction due to fraudster.

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Real Estate Agent Real Estate Sellers Buyers 379