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RedfinNow launches in Phoenix housing market

Housing Wire

We let sellers choose their closing date, so they have the money to complete their purchase and only have to move once.” Redfin isn’t new to town though – it has had agents based in Phoenix help clients buy and sell homes since 2010 with a listing fee as low as 1%. Presented by: Fannie Mae.

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RE/MAX closes out fall months with new top-producers, franchisees

Housing Wire

Ruehrwein, who became a licensed agent in 2017 after working in the new construction industry for 28 years, serves clients in Rehoboth and surrounding Massachusetts towns, as well as East Providence and the Narraganset area of Rhode Island. “My The independent brokerage, which now has over 50 agents was founded in 2010 by Claude Blackman.

Agents 435
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Feeling the squeeze: NAR settlement terms trigger commission compression

Housing Wire

A report from Redfin found that during the four weeks ending July 14, 2024, the typical metro Boston home seller paid their buyer’s broker a 2.15% commission, down from 2.2% Nationwide , the typical American home seller paid a 2.55% commission to their buyer’s broker during the four-week period ending July 14.

Brokerage 511
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How agents can thrive in a recession: 7 tips from a KW mega broker

Housing Wire

Focus on “must sell” not “wanna sell” leads One of the biggest mistakes agents make during recessions is spending too much time and effort working their past clients and sphere. Sellers are happy that they sold their home for more money than they bought it for, and home buyers are happy you found them an asset that will increase in value.

Agents 448
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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

Another measure the housing market, is whether a Realtor had a client who had a distressed sale in the last month. In 2008, 49% of Realtors had a client with a distressed sale, today it is only 1%. Due to the consistent rise in home prices, homeowners typically do have equity in their home distressed sales are not common today.

Realtors 418
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How brokers can help today’s unique borrower

Housing Wire

In addition to self-employed workers, the “gig” economy — or independent contractors and freelancers who do short-term work for multiple clients — continues to grow. In 2019, the share of gig workers in companies jumped 15% compared to 2010, according to data from the ADP Research Institute.

Finance 370
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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

Homelight , a platform for homebuyers and sellers, was No. 403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 997 American Mortgage Mortgage 594% 2019 A 100% employee-owned company providing solutions to mortgage industry challenges, which benefit clients and employees.