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9 innovative strategies to get more real estate seller leads in 2024

Housing Wire

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. If you want a shot at generating seller leads online, you need one, too.

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NAR clarifies details on buyer broker agreements

Housing Wire

Examples of broker-provided services include identifying potential properties, arranging for the buyer to tour a property, performing or facilitating negotiations on behalf of the buyer, or presenting offers by the buyer. It notes that the compensation must be “objectively ascertainable and not open-ended.” “For

Buyers 466
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‘Don’t panic:’ KW executives address agent questions on NAR commission settlement

Housing Wire

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 441
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market.

Buyers 504
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What to do when your buyer wants to make a lowball property offer

Housing Wire

Has the seller recently corrected negative feedback? Has the seller recently rejected offers? What else can the listing agent tell you about the seller’s situation, preferred deal terms like closing and possession dates, etc., Has it been on and off the market several times over months or years? If so, what was the reason?

Buyers 450
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RedfinNow launches in Phoenix housing market

Housing Wire

Since COVID-19 has enforced more restrictions on open houses, Redfin allows buyers to unlock the door of most RedfinNow listings via the Redfin app and self-tour seven days a week from 8 a.m. We let sellers choose their closing date, so they have the money to complete their purchase and only have to move once.”

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Are Open Houses Worth It?

Eppraisal

Historically, open houses have been a marketing staple for listing agents. Open houses can be an effective tool in a buyer's real estate market. However, we are in a sizzling hot seller's market right now. " The Covid-19 pandemic also changed the concept of open houses.