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

JANUARY 17, 2025

The team was brokered at Douglas Elliman since 2020 and works across all sectors of the real estate market, from multimillion-dollar mansions to starter homes. “Compass empowers sellers to market their homes on their terms and gives buyers access to inventory unavailable elsewhere,” Leahy said in a statement.

Inventory 370

Inventory Brokerage Real Estate Sellers 370

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

Appraisal Buzz

JUNE 27, 2024

Since the start of the epidemic in 2020, when the housing market all but collapsed, this is the first year that the average home has sold for less than list price during this time of year. That percentage is down from 36% a year ago and is the lowest for any June since 2020. According to a new Redfin study , the average U.S.

Sellers 417

Sellers Buyers New Listings Agents 417

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 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

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

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

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

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

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 468

Buyers Housing Market Marketing Sellers 468

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

SEPTEMBER 18, 2024

According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. 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. What are the benefits of referrals? It’s a win-win!

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

APRIL 13, 2021

1 city in population growth for the last eight years and it was the hottest job market in 2019 and 2020, according to the Wall Street Journal. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. Austin has ranked as the No. In fact, Austin has just about 1.2

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

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

OCTOBER 9, 2024

She is a true professional who inspires her co-workers and prides herself on providing exceptional service to her clients. I knew this was the best move for my clients, and I was won over by the supportive and knowledgeable leadership at Coldwell Banker Realty in Charlotte.“ million estate on Lake Norman.

Realty 435

Realty Agents Real Estate Clients 435

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

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 433

Real Estate Real Estate Agent Agents Clients 433

Housing Wire

JUNE 4, 2021

The winning buyer also waived appraisal and financing contingencies and dropped off cupcakes that matched the interior colors of the house, which was a nice touch because the seller is an artist and the home is unique and colorful.” . The jumbo market for brokers is back in a huge way. Presented by: Rocket Pro TPO.

Marketing 508

Marketing Sellers Finance Loan Officers 508

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 394

Lending Sellers Business Clients 394

Housing Wire

DECEMBER 3, 2020

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. In Ada County specifically, where Boise is located, the number of homes for sale dropped from 1,697 last October to just 355 in October 2020, a 79% decline. Boise, Idaho was the No.

Marketing 534

Marketing Realty Realtors Housing Market 534

Housing Wire

AUGUST 27, 2020

Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”. million annualized pace in the second half of 2020. Anecdotally, Realtors are telling me there is no shortage of clients or home seekers, but that scarce inventory remains a problem,” Yun said. “If

Contracts 501

Contracts Realtors New Listings Real Estate 501

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

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

Appraisal Buzz

MAY 17, 2021

Although 2020-21 is not the same as the run-up before the housing crash, there are some similarities with what appraiser’s face that bears addressing and reiterating. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up. Is this any different than last time?

Appraisal 418

Appraisal Clients Real Estate Sellers 418

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

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 397

Tenants Loan Officers Finance Clients 397

Housing Wire

MAY 18, 2021

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

Real Estate 459

Real Estate Property Taxes Agents Buyers 459

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

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

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Eric Levin is EVP of Client Development at Model Match.

Mortgage 518

Mortgage Inventory Real Estate Technology 518

Housing Wire

JUNE 24, 2021

Many existing Buyside clients have already begun to roll out this new enhancement and have also brought in their mortgage partners into the partnership to drive retention, referrals, and efficient lead generation. In 2020, Buyside clients closed close to $20 Billion in sales through Buyside, averaging over a 3000% ROI.

Valuation 414

Valuation Real Estate Agent Real Estate Clients 414

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

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. billion in closed sales volume in 2020. But don’t confuse its new program with iBuying – they’re looking to solve the sell-before-you-buy dilemma in a different manner.

Brokerage 435

Brokerage Real Estate Insurance Clients 435

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 370

Brokerage Real Estate Lending Clients 370

Housing Wire

DECEMBER 19, 2024

Altos considers anything above 30 to be indicative of a sellers market. I am super busy right now, said Charissa Kennard , an agent for Berkshire Hathaway HomeServices Verani Realty.There is a lot of inventory right now, which is good because there are a lot more options for clients right now.

Housing Market 397

Housing Market Marketing Inventory Clients 397

Housing Wire

FEBRUARY 18, 2021

Learn how brokers and agents are growing listing visibility among rental properties, attracting more clients in the new year. “Based on data collected in May 2020, buyers saved listings with 3D Home tours 32% more often than listings without.” How to gain more listing visibility in a shifting housing market.

Agents 418

Agents Tools Housing Market Buyers 418