Appraisal Buzz

FEBRUARY 14, 2025

According to recent Zillow data, as the home-buying season draws near, buyers are more affected by persistently high mortgage rates than sellers. Sellers are in a good position, and are willing to make price cuts to close a deal. Sellers seem less concerned about rate movements. That caused buyers to struggle with affordability.

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Sellers New Listings Buyers Home Value 268

Housing Wire

AUGUST 28, 2020

Home Reserve , launched in May, enables Opendoor to list sellers’ homes while purchasing and reserving their next home with all-cash offers. Hanging your license with Opendoor Brokerage as an independent contractor means you are eligible for a consistent, steady stream of highly motivated seller & buyer clients,” the job post reads.

Brokerage 538

Brokerage Real Estate Agent Agents Real Estate 538

Housing Wire

OCTOBER 24, 2024

A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes.

Real Estate 433

Real Estate Real Estate Agent Agents Clients 433

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. In a normal market, we tend to see about 30% to 35% of sellers initially over-price their homes and eventually reduce the price to attract buyers. That being said, keep an eye on rising interest rates.

Housing Market 543

Housing Market Marketing Inventory Sellers 543

Appraisal Buzz

JANUARY 22, 2025

annually, which is somewhat less than the mid-3% rise observed in 2018 and 2019, while detached home rents are up 4.4%, which is comparable to their trajectory prior to the pandemic. Similarly discouraged, some homeowners may return to the market and sell to capitalize on record prices, rather than continue to wait for lower rates.

Inventory 370

Inventory Home Value Tenants Property Management 370

Housing Wire

OCTOBER 10, 2023

Fewer sellers see the upside of listing now New listings volume each week remains very low, and there are very few sellers who want or need to sell into this market. And there is certainly no flood of sellers. This inventory build is from a dearth of buyers, not from a surge of sellers. This year is another big move.

Mortgage 482

Mortgage Inventory Contracts Sellers 482

Housing Wire

MARCH 19, 2025

One month after the policy was implemented, the DOJ served NAR a second civil investigative demand (CID) , following the first CID it issued in 2018 over NARs now defunct Participation Rule. Miller believes that agents who push sellers to use private listing networks are not doing their fiduciary duty.

Realtors 216

Realtors Legal Sellers Law 216

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. from September to October this year, which Homesnap said is significantly higher than the same figure in 2018 and 2019.

Inventory 546

Inventory Housing Market Marketing New Listings 546

Housing Wire

MAY 16, 2024

I am so proud of our network and the professionals that work tirelessly to guide buyers and sellers on their home selling and buying journeys.” ” According to a spokesperson at HomeServices of America, Budnick has no immediate plans for her next steps or role. In May 2021, she was named CEO of Berkshire Hathaway HomeServices.

Realty 438

Realty Sellers Buyers Real Estate 438

Housing Wire

OCTOBER 14, 2020

Since 2018, the NAR en Español initiative has helped Spanish-speaking Realtors leverage networking and additional sources, the association said. Last summer, NAR en Español hosted over 300 students from 15 countries for two virtual, accredited buyer representative and seller representative specialist courses, which were held in Spanish.

Realtors 476

Realtors Real Estate Sellers Development 476

Housing Wire

OCTOBER 30, 2020

“Redfin redlines communities of color in this digital age by setting minimum home listing prices in each housing market on its website under which it will not offer any real estate brokerage services to buyers or sellers,” the lawsuit states. These minimum price limits serve no legitimate purpose.

Brokerage 545

Brokerage Sellers Buyers Agents 545

Housing Wire

SEPTEMBER 4, 2024

Since its founding in 2018, Figure has originated more than $11 billion in home equity lines of credit (HELOCs). In June, the firm announced the launch of Figure Connect , a blockchain-based marketplace that connects buyers and sellers of private credit loans. Its technology is available to homeowners in 47 states and Washington, D.C.,

Legal 448

Legal Lending Technology Modernization 448

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. Sellers remain in control, but the next month or two will be very telling,” Stacey Delgado, a Redfin agent in Raleigh said.

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Buyers Inventory Real Estate Agent Sellers 468

Housing Wire

JANUARY 28, 2021

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Today, both sellers and buyers expect to handle a majority of the process online. Presented by: 1 Percent Lists.

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Landlords Tenants Law Legal 488

Housing Wire

APRIL 26, 2024

My advice to sellers is to price your home fairly,” Chen Zhao, economic research lead at Redfin, said in a statement. Even though sellers are getting top dollar at the moment, they should price competitively to attract buyers from the start and avoid having to drop their price as stubbornly high mortgage rates eat into buying budgets.

Housing Market 467

Housing Market Marketing Insurance Sellers 467

Housing Wire

MARCH 23, 2022

As you can see below, the new home sales market from 2018-2022 doesn’t look like the housing market we had from 2002-2005. Then in 2018, when mortgage rates got to 5%, we saw a supply spike in the monthly home sales data and their stocks were down over 30%. Like home sellers, they try to make as much money as possible.

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

MARCH 25, 2021

“During the course of the pandemic, ‘home’ had become more important than ever, and as a result, strong purchase demand continues—but buyers also outnumber the sellers,” Khater said. New home sales, which are more likely to be affected by rising rates, plummeted 18.2% month-over-month.

Mortgage 543

Mortgage Construction Realtors Inventory 543

Housing Wire

NOVEMBER 28, 2023

The company delivered more than one million floor plans for 50,000 companies since its inception in 2018. Equipping our members with easy-to-use floor plan creation tools will enhance the services they offer to both homebuyers and sellers.

Tools 435

Tools Technology Real Estate Training 435

Housing Wire

APRIL 4, 2023

Jot’s proprietary technology matches home buyers and sellers with a qualified notary for their transaction and makes it easy for notaries to accept assignments that fit within their schedule, while providing the tools to successfully manage their business and access to professional development resources.”

Tools 370

Tools Sellers Real Estate Technology 370

Housing Wire

DECEMBER 10, 2020

Homebuyers, sellers and borrowers expect a flexible closing experience that caters to their digital-first lifestyles – and one that adheres to social distancing guidelines as well. Whether our end users prefer to close fully remotely or in-person, JetClosing provides the most comprehensive solution for both.”.

Housing Market 435

Housing Market Marketing Real Estate Sellers 435

Housing Wire

NOVEMBER 4, 2022

These factors also impacted when, where and how buyers purchased homes, according to NAR’s 2022 Profile of Home Buyers and Sellers , which also analyzed the demographic of buyers and sellers across America. Those who have housing equity hold the cards and they’ve fared very well in the current real estate market.

Sellers 418

Sellers Buyers Real Estate Agent Real Estate 418

Housing Wire

NOVEMBER 14, 2024

Emily Peckham’s FSBO Mastermind Group A specific group for agents who work with For Sale By Owner sellers, full of tips and strategies for more effectively finding and converting FSBO leads. When you have your own questions about investing, this is the perfect place to ask them and tap into the group’s brain trust. Join BiggerPockets 15.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Realtors 418

Housing Wire

OCTOBER 23, 2024

How to prepare for a listing appointment Have a quick call with the sellers to ask them about their motivation, timeline, and price they have in mind. You can send everything electronically if they prefer, but I always like to have hard copies on hand just in case that’s easier for the sellers. Business cards.

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Agents Real Estate Sellers Real Estate Agent 435

Housing Wire

MAY 30, 2024

When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. I started thinking about it in 2018, it was kind of a transitionary year for me, in business. BR: This really came out of decades of being in the mortgage business.

Real Estate Agent 448

Real Estate Agent Real Estate Sellers Technology 448

Housing Wire

OCTOBER 21, 2021

Endpoint , a platform that provides buyers, sellers and agents with a completely digital way to close on properties, announced Tuesday that it has secured an additional $150 million in funding. Since its founding in 2018, Endpoint has raised $220 million in capital.

Real Estate 418

Real Estate Investing Development Design 418

Housing Wire

APRIL 17, 2024

On the supply side, the market continues to improve with an increasing number of properties being listed on the market as more sellers begin to accept the new normal.” From 2018 through 2023, effective rates jumped by 33.8% The statewide median sale price rose on an annualized basis for a ninth straight month in March, jumping 7.7%

Insurance 459

Insurance Housing Market Realtors Inventory 459

Housing Wire

AUGUST 3, 2022

We saw this in 2013-2014 and 2018-2019. In 2018, sales trends fell from 5.72 They have to move as well, so a traditional seller is a buyer most of the time when it’s a primary resident owner. The downside of rates moving up so quickly is that some sellers pull the plug until rates are better. Higher rates and sales data.

Mortgage 514

Mortgage Inventory Sellers Housing Market 514

Housing Wire

JANUARY 9, 2025

In this article, well cover the definition of a pocket listing, the pros and cons for both agents and sellers, and how to transact off-market legally and ethically. While Im sure there are instances where this is unfortunately the case, there are legitimate reasons why selling off-market is in the sellers best interest.

Sellers 397

Sellers Real Estate Agents Real Estate Agent 397

Housing Wire

MARCH 13, 2024

Over the past five years, insurance premiums have risen by an average of nearly 34%, according to the S&P Global data, with Progressive recording the highest cumulative rate change since 2018 at 55.3%. But if there was a new roof, it would be $2,800 a year, so we ended up renegotiating with the seller for a new roof,” Clarkson explained.

Real Estate Agent 482

Real Estate Agent Insurance Real Estate Agents 482

Housing Wire

JULY 13, 2021

Two of my buyers just had their offers accepted because the sellers’ first buyers backed out. In 2018-2019, total housing inventory was in the range between 1.52 . “It was almost impossible to get an offer accepted. But recently, we’ve started to see buyers get cold feet. million and 1.92

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Inventory Housing Market Real Estate Agent Buyers 511

Housing Wire

DECEMBER 8, 2020

Since 2018, Redfin has also offered its Concierge listing service in both markets, for a listing fee as low as 2%. We’re the only national brokerage working to offer home sellers a complete range of options to meet their needs.”

Real Estate Agent 493

Real Estate Agent Real Estate Agents Brokerage 493

Housing Wire

SEPTEMBER 30, 2020

The acquisition will make Howard Hanna Real Estate Services the largest home-seller in New York, Pennsylvania, North Carolina and South Carolina, Howard “Hoddy” Hanna III, chairman of Howard Hanna Real Estate Services, told the Pittsburgh Post-Gazette.

Realty 435

Realty Brokerage Real Estate Sellers 435

Housing Wire

OCTOBER 29, 2020

On Wednesday, Case-Shiller’s home price index for August jumped 5.7% – the greatest year-over-year gain since 2018. The Federal Reserve began buying bonds in March to buffer the shutdown’s economic blows and make borrowing cheaper, and consistently low and steady mortgage rates have pushed homebuyers to flood the market.

Mortgage 418

Mortgage Transportation Construction Sellers 418

Housing Wire

FEBRUARY 25, 2021

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. Zillow Offers, meanwhile, came into focus in 2018 when Rich Barton stepped back into the CEO chair.

Real Estate Agent 418

Real Estate Agent Home Value Real Estate Loan Officers 418

Housing Wire

SEPTEMBER 6, 2023

FundingShield and TCS aim to protect more lenders, homebuyers, sellers from wire and title fraud, both companies said. A total of 2,284 complaints were received in 2022, the second most ever, after an all-time high of 2,593 in 2018. The partnership comes amid an increase in wire and title fraud risk.

Real Estate 418

Real Estate Insurance Investors Lending 418

Housing Wire

APRIL 19, 2022

The March rate for units in buildings with five units or more was 574,000 As you can see below, the housing starts data have been in a solid uptrend from the lows in 2018. I often talk about the 2018 housing market because the builders showed stress in their business when mortgage rates hit 5%, which created a supply shock for them.

Mortgage 459

Mortgage Housing Market Construction Marketing 459

Housing Wire

MARCH 24, 2025

As a listing agent, showcasing your sellers properties in the absolute best light possible is a vital component of the service you provide them. It translates to getting more buyers through the door, more offers and more money in the sellers (and your) pockets. This is assuming, of course, that the listing is priced appropriately.

Real Estate 205

Real Estate Real Estate Agent Agents Sellers 205