Housing Wire

AUGUST 14, 2024

Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. According to data from CoreLogic, Denver’s average price per square foot has risen 35% since 2020. This gave sellers the upper hand, but the market has turned in recent months. year over year.

Buyers 467

Buyers Housing Market Marketing Sellers 467

Housing Wire

NOVEMBER 28, 2023

Based in Madison, Wisconsin, the team of eight had been affiliated with Keller Williams Realty Madison East since its debut in 2020. “We The team specializes in buyer and seller representation as well as new construction. We are thrilled to be among the first teams to join Compass in Wisconsin,” Crim said in a statement.

Real Estate Agent 435

Real Estate Agent Real Estate Realty Technology 435

Housing Wire

OCTOBER 24, 2024

This is evident when you ask any highly successful agent where they find their clients. Inevitably, their answer will be “my past clients and sphere.” 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. Choose your moment!

Real Estate 422

Real Estate Real Estate Agent Agents Clients 422

Housing Wire

OCTOBER 13, 2023

In both cases, our clients and Compass had to design new ways to structure the transaction to get a favorable outcome for all parties. Without revealing any confidential details, for example, Compass is using mostly its own equity rather than cash to deliver value to the sellers.

Real Estate 435

Real Estate Brokerage Valuation Sellers 435

Housing Wire

FEBRUARY 24, 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 in all things related to mortgage, insurance, moving, renovating and new home transitioning.

Real Estate Agent 359

Real Estate Agent Real Estate Agents Loan Officers 359

Housing Wire

DECEMBER 12, 2023

A home seller plaintiff in California filed an antitrust lawsuit on Friday in U.S. The lawsuit was filed by Christina Grace, who sold a house listed on Bay Area Real Estate Information Services MLS (BAREIS MLS) in April 2020 and paid a commission to the buyer’s agent. The copycat commission lawsuits have made it to the West Coast.

Realtors 476

Realtors Sellers Real Estate Buyers 476

Housing Wire

APRIL 12, 2024

According to Altos Research data , 90-day median list prices have risen from roughly $230,000 in April 2020 to $275,000 in early April 2024, contributing to the slowdown in home sales. year over year, and nearly identical to the 2,492 homes sold in February 2020 prior to the COVID-19 pandemic. recorded in mid-February 2020.

Insurance 459

Insurance Housing Market Marketing Agents 459

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.

Agents 422

Agents Real Estate Sellers Real Estate Agent 422

Housing Wire

FEBRUARY 16, 2024

“The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

MARCH 8, 2024

Altos Research’s Market Action Index score for the county, which has 70 municipalities, illustrates the challenges agents and their clients have faced. I was able to bring my clients to multiple listings for their consideration, but now I can only show them one or two in a given week. as of March 6, 2024. “We

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

FEBRUARY 22, 2024

Worst-case scenario, the broker representing the buyer will have to negotiate their own fee with their client and the seller can no longer be compelled to make a blanket offer of compensation in order to list on the MLS,” Murray said. Nearly six months later, Murray stands by this assertion.

Sellers 448

Sellers Buyers Real Estate Agents 448

Housing Wire

NOVEMBER 15, 2024

The promise of Rocket’s flywheel On the earnings call, Krishna highlighted the significance of a recent subservicing deal with real estate investment trust Annaly Capital Management , framing it as a growth driver that leverages Rocket’s servicing flywheel model to bring new origination clients into its ecosystem.

Mortgage 367

Mortgage Clients Inventory Business 367

Housing Wire

FEBRUARY 12, 2024

On Friday, home seller plaintiff Dalton Jensen filed an antitrust lawsuit in U.S. 9, 2020, and the present, and paid a buyer broker commission. 9, 2020, and the present, and paid a buyer broker commission. Yet another copycat commission lawsuit has hit the court dockets.

Real Estate 468

Real Estate Real Estate Agent Realtors Buyers 468

Housing Wire

AUGUST 28, 2024

But in July 2020, she stopped drinking and also turned to Tom Ferry’s YouTube channel. Instead, agents view the rule changes as an opportunity to better serve their buyers and sellers. Her friends lured her into the profession and she liked the idea of being face to face with clients. This, I think, does work for our sellers.

Agents 459

Agents Real Estate Realty Real Estate Agent 459

Housing Wire

APRIL 1, 2021

Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. But they point to something more specific – homebuyers and sellers surprised to interact with a non-white real estate agent.

Real Estate Agent 418

Real Estate Agent Real Estate Agents Open Houses 418

Housing Wire

APRIL 25, 2024

Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I

Buyers 459

Buyers Marketing Inventory Investors 459

Simonson Real Estate

FEBRUARY 26, 2021

Simonson Appraisals had a unique opportunity to do a deep dive in 2020 to develop an understanding of the impact of multiple factors affecting the Minneapolis apartment market. Our firm appraised a portfolio of apartment buildings in the Loring Park neighborhood in March 2020 two weeks after COVID-19 was announced as a global health pandemic.

Landlords 117

Landlords Tenants Buyers Development 117

Housing Wire

OCTOBER 23, 2023

In the deposition, Michael Ketchmark, the lead attorney for the plaintiffs, asked Warner to comment on a training script from HomeServices CEO Gino Blefari in which he said that when he was an agent, he was supremely confident and would tell prospective clients that while commissions are negotiable “they only go up from 6%.”

Law 459

Law Agents Realtors Contracts 459

Housing Wire

JUNE 20, 2024

On the sell side, agents say that low mortgage rates from a purchase or refinance transaction in late 2020 or early 2021 are keeping many potential sellers in their home. “A But agents say there are still opportunities to win listings and help clients get into the home they want.

Housing Market 448

Housing Market Agents Marketing Inventory 448

McKissock

MAY 4, 2021

It’s no secret that 2020 was a crazy year for real estate. Just about every market across the United States saw a huge influx of first-time homebuyers and sellers as a result of record-low mortgage rates and the desire for more space. Discuss your role and help them understand what will be expected of them throughout the process.

Sellers 95

Sellers Marketing Buyers Real Estate 95

Housing Wire

NOVEMBER 16, 2023

According to Reffkin, the onset of the COVID-19 pandemic, as well as the frenetic pace of the 2020, 2021, and even early 2022 housing markets, led to a reliance on technologies like Zoom, texting, email and social media for communication, leading transactions. Good times, like 2021, create bad habits.

Real Estate 459

Real Estate Agents Buyers Housing Market 459

Lamacchia Realty

FEBRUARY 14, 2024

ARE YOU A "WANT-TO-BE" SELLER IN 2024? From low inventory levels to increasing mortgage rates , the real estate landscape has experienced a multitude of changes and challenges over the last several years, leaving many sellers wondering when the “right” time to list would be given current market conditions.

Sellers 74

Sellers Realtors Buyers Inventory 74

Housing Wire

JANUARY 24, 2023

California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. The company added more than 4,000 employees in 2020 and 2021 when rates were record-low levels.

Tenants 396

Tenants Loan Officers Finance Clients 396

Housing Wire

MARCH 22, 2021

Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. When that happens, sellers want to know buyers have the cash to cover the difference between the appraised value and the sale price.”

Inspection 545

Inspection Inventory Buyers Sellers 545

Housing Wire

MAY 10, 2021

HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing. David Doctorow : We feel for home buyers and sellers. DD: The first step is educating yourself about what’s available and possible for today’s home buyers and sellers. .

Real Estate Agent 468

Real Estate Agent Real Estate Agents Marketing 468

Housing Wire

JUNE 18, 2024

RE/MAX has held onto this spot since the publication of the 2020 iteration of The Thousand, which was based off sales data from 2019. RE/MAX agents consistently set high standards and exceed them, delivering exceptional results for their clients. RE/Max overtook Keller Williams, which took the title in 2019. ”RE/MAX

Agents 448

Agents Real Estate Sellers Clients 448

Lamacchia Realty

AUGUST 30, 2022

Lamacchia Realty is thrilled to announce they have reached the incredible milestone of $1 Billion Dollars in sales in 2020. This is an incredible step for an independently owned brokerage, particularly in 2020 during which the pandemic could have all but derailed efforts to reach this level of sales volume.

Realty 69

Realty Realtors Brokerage Agents 69

Housing Wire

JULY 8, 2024

These sellers were on the market with another agent before and could not sell. This simple real estate script generates the best results because it acknowledges the sellers’ feelings and piques their interest: Hi. One of my favorite seller clients was a FSBO who I became friends with. Lead with value!

Real Estate 434

Real Estate Business Agents Sellers 434

Lamacchia Realty

FEBRUARY 9, 2022

Cervone is the winner of the 2021 Most Acquired Clients Award! The award, renamed in 2021, recognizes the REALTOR® who signed up the most buyers and / or sellers in the company in 202 1. Paul exceeded expectations and signed up an impressive 9 5 clients! . “It The post Paul J.

Clients 74

Clients Realty Realtors Sellers 74

Housing Wire

DECEMBER 28, 2023

Every single client scenario is different,” said Hunter Marckwardt, executive vice president of CrossCountry Mortgage. “[The The year] 2020 and 2021 was all about how quickly a lender could execute. mortgages were originated in 2020 or 2021, when the pandemic drove borrowing costs to historic lows.

Business 459

Business Mortgage Loan Officers Inventory 459

Housing Wire

JUNE 16, 2022

The company pays as much as 90% of a home’s expected value for the HomeLight Trade-In product, launched in 2020. For the HomeLight Cash Offer program, also introduced two years ago, the firm makes an all-cash offer on the client’s behalf and holds the home until the client secures financing.

Brokerage 368

Brokerage Real Estate Lending Clients 368

Housing Wire

NOVEMBER 8, 2021

million loss in the same period of 2020. The total servicing portfolio increased 38% between the third quarter of 2020 and 2021, to $248 billion in total. Reverse origination, however, went from $230 million in the third quarter of 2020 to $428 million in the same period of 2021.

Lending 379

Lending Sellers Business Clients 379

Housing Wire

AUGUST 9, 2023

Maintaining a consistent pipeline of potential buyers and sellers ensures the business’s sustainability and growth, but it requires an immense amount of work and marketing expertise, which is often outside an agent’s core competencies. Since 2020, Addressable has facilitated nearly $2 Billion in home sales across 44 states.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Clients 370

Housing Wire

JUNE 17, 2021

“May marked the likely peak of the blazing hot pandemic housing market, as many buyers and sellers are vaccinated and returning to pre-pandemic spending patterns,” Marr said. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. from April. .”

Housing Market 535

Housing Market New Listings Sellers Buyers 535

Housing Wire

OCTOBER 26, 2023

He told the jury that sellers also benefit because it brings more foot traffic and attention to their listings. On Friday, Schulman stated that home sellers have no reason to pay buyers’ agents, whom he claimed do not provide much value. He also noted that buyers’ agents provide valuable services for sellers and buyers.

Buyers 447

Buyers Sellers Agents Law 447

Housing Wire

MARCH 5, 2024

trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported. Raunaq Singh wanted to capitalize on that opportunity and founded Roam , a platform that helps buyers and sellers with the assumption process. Raunaq Singh About $8.5 Included in that total were nearly $1.5 This amounts to $1.4

Mortgage 468

Mortgage Buyers Agents Real Estate Agent 468

Housing Wire

OCTOBER 26, 2020

When it comes to common pain points lenders are seeing in the second half of 2020, handling high loan volumes continues to loom large. This is a huge value for our clients when it is crunch time.”. Xome works with its clients to provide what they need, when they need it.

Clients 397

Clients Valuation Technology Inspection 397