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5 steps to succeed as a real estate agent in a down market 

Housing Wire

It’s a weird time to be a real estate agent , and I see it all around me here in the Denver metro. Brokers who rode the proverbial wave of real estate during the pandemic and have now had to reroute or pivot to figure out how to navigate a market that was once boasting the lowest rates in decades are disoriented.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Sincerely, (your name) (your brokerage) (your phone number) (your email) Click to copy to clipboard The ‘for sale by owner’ or FSBO letter Audience: For sale by owners Format: Typed letter in an envelope, handwritten address For sale by owner sellers are typically very cautious around real estate agents.

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Why It’s Important to Hire a Real Estate Agent

McKissock

Maybe you don’t want to work with a real estate agent to try and save some money, or you just think it won’t make much of a difference. They know all the ins and outs of both buying and selling a house. The reasons you need an agent to sell your home are the same no matter where you go. You’re Already Busy.

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Recruiting real estate agents: A complete roadmap for 2024

Housing Wire

To help, we put together this guide to walk you through our nine-step system to recruit, nurture, and retain producing agents in 2024. Since they are in high demand, recruiting listing agents is a time-consuming process and will likely require extensive nurturing and competitive commission splits.

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How Real Estate Agents Can Help Home Buyers Navigate Emotional Decisions

McKissock

As of 2020, a whopping 88% of home buyers relied on the help of a real estate agent to get them through the process. This trend has been on the rise since 2001 when only 69% of buyers used a real estate agent. . As the real estate agent, it’s your job to assuage these fears.

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LendingPulse Q2 2023 survey: Mortgage pros share their biggest concerns, market outlook

Housing Wire

Other challenges selected by mortgage professionals were relationships with real estate agents at 8.4%; competitiveness of rate sheet and underwriting problems at 5.8%; lender stability at 3.9%; competitiveness of product offerings at 1.9%. Our goal is to strengthen our Realtor partners relative to their competitors.

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As the market shifts to purchase, LOs get creative

Housing Wire

LOs interviewed by HousingWire say that they have actively ramped up their attempts to connect with prospective borrowers and real estate agents. A sales manager, who requested anonymity, said that he helps newbie LOs by reviewing their strategies to pull in business at open houses.

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