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Home sale cancellations hit record high in January

Housing Wire

a year earlier and is the highest rate recorded for January since at least 2017. The trend is most pronounced in Atlanta, Las Vegas, Houston, and parts of Florida , where increasing housing supply is leading to a buyers market. With less competition, some buyers are backing out during the inspection period, hoping for a better deal.

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Threat of climate change looms large for some home buyers

Housing Wire

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. “I had one client in St. Presented by: Propertybase. As work-from-home became the norm throughout the U.S.

Buyers 493
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As insurance costs rise, real estate agents have more buyer concerns to assuage

Housing Wire

Now we are looking at a two- to three- business-day process and the buyer may not like the numbers they get back.” For some buyers, surprisingly high insurance premiums are causing them to second-guess the property they have selected. “I That is the most ever in a single year.”

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Engel & Volkers continues its expansion in Atlanta

Housing Wire

Since our launch in 2017, Engel & Volkers Atlanta has become a premier real estate service provider in the metro area, guiding clients through every step in their home-buying journeys,” Christa Huffstickler, CEO of Engel & Volkers Atlanta, said in a statement. The addition of AtHome & Co.

Brokerage 454
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Commission lawsuit plaintiff Sitzer launches flat fee real estate startup

Housing Wire

In an interview with TechCrunch , which first broke the news of Landian’s debut, Sitzer said his frustration with having to pay a 3% commission to a buyer’s agent on the sale of his Kansas City home in 2017, which his shared with his neighbor, who happened to be a lawyer familiar with the subject matter, prompted the lawsuit.

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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

This collaboration reflects our dedication to equipping NAR members with innovative solutions that cater to the evolving needs of their clients, ensuring a smooth experience for sellers and buyers alike,” said Rhonny Barragan, NAR vice president of strategic alliances in an announcement of the deal.

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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 Ruehrwein’s move was not the only major addition for RE/MAX in Massachusetts.

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