Housing Wire

JANUARY 9, 2025

Despite the frequency of departures, real estate agents in the state say the housing market remains strong. We are still experiencing the multiple-offer phenomenon, although it is not quite as prevalent as it was a year ago, said Linda Feinstein , a Hinsdale, Illlinois-based agent for Compass. as of Jan. a year ago.

Housing Market 418

Housing Market Inventory Marketing Sellers 418

Housing Wire

JANUARY 10, 2023

of home sellers gave concessions to homebuyers in Q4 of 2022, through money for repairs and mortgage-rate buydowns. In Q3 of 2022 and Q4 of 2021, sellers gave concessions in 30% of home sales. Sellers realize they’re not going to get $80,000 over the asking price like their neighbor did last year,” he added.

Sellers 482

Sellers Real Estate Agent Buyers Mortgage 482

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. ” Real estate agents and LOs: the great collaboration. million new households entering the housing market in 2021.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Appraisal Buzz

NOVEMBER 1, 2024

Single-family home building permits fell 23% from their 15-year peak in early 2021 and 2% year-over-year in September. This is due to the fact that the share increased significantly throughout the pandemic, rising from about 17% in 2019 to about 30% by the end of 2021. Overall U.S. Below 3% : An estimated 22.6% in Q1 of 2022. “A

Construction 370

Construction Inventory Real Estate Agent Agents 370

Housing Wire

DECEMBER 4, 2024

The National Association of Realtors (NAR) may have had its home seller commission lawsuit settlement agreement approved , but that does not mean it is free from the homebuyer commission lawsuits. Last week, as Judge Stephen R.

Real Estate Agent 396

Real Estate Agent Realtors Real Estate Realty 396

Housing Wire

JULY 28, 2023

Outsiders to the real estate industry may assume that the tight market has real estate agents hanging up their hats. In reality, today’s agents are seizing the market and feeling confident. Real estate agents are still confident in the industry and the market. The answer is undeniable.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Housing Market 370

Housing Wire

DECEMBER 11, 2023

When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale that he was able to purchase a retirement home in Savannah, Georgia, and have plenty of money left over for a nice retirement nest egg. .

Real Estate Agent 476

Real Estate Agent Real Estate Agents Lending 476

Housing Wire

SEPTEMBER 30, 2020

I don’t think we’re looking at a slowdown for 2021, I think that’s predicted to be strong, and then maybe even after that,” Johnson said. The post No seasonal slowdown this year as real estate agents report a busier-than-usual fall appeared first on HousingWire.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

JANUARY 4, 2021

Will 2021 be more of the same? A buyer’s market in 2021? It’s not likely we’ll see a buyer’s housing market in 2021, at least according to experts. For example, home prices are still expected to rise in 2021, but at a smaller pace than we’ve seen this year. More for Real Estate Enthusiasts. projected clip.

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

FEBRUARY 4, 2021

If buying a home is on your radar for 2021, there are still ways to do it. Are you hoping to buy a home in 2021’s hot housing market ? More for Real Estate Enthusiasts. More for Real Estate Enthusiasts. Will we have a buyer’s housing market in 2021? Need a real estate agent?

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

MARCH 2, 2023

And just like the bears who are starting to wake up from their long winter naps, homebuyers and sellers are coming out of hibernation… or at least they normally do. The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said.

Real Estate Agent 418

Real Estate Agent Inventory Real Estate Agents 418

Housing Wire

MARCH 18, 2025

Agents got benefits like health insurance, a 401(k), vacation time and a more predictable stream of income. But some agents particularly high-performing agents thought the arrangement put a cap on how much they could earn. Since the first quarter of 2021, Redfins agent count has fallen by 22.5%.

Brokerage 395

Brokerage Agents Housing Market Realty 395

Housing Wire

JANUARY 14, 2025

TAN filed the lawsuit in May of 2020, claiming that the purpose of the suit was to stop NAR and its affiliates from conspiring to shut down competition, disrupt the relationship between real estate agents and their clients, and take away a familys freedom to choose how to market their home for sale.

Agents 370

Agents Legal Real Estate Agent Realtors 370

Housing Wire

JANUARY 8, 2021

The country was paralyzed amid the current health crisis and many borrowers and sellers alike are frightened to enter purchase contracts and move forward with transactions already in progress. Even some of the most seasoned real estate agents have had to slow down in their current business model.

Lending 476

Lending Mortgage Inventory Business 476

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We In 2021, Florida was responsible for 12.8% billion in 2021.

Sellers 397

Sellers Real Estate Realtors Real Estate Agent 397

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. million in net income for 2021. Offerpad CEO Brian Bair.

Agents 435

Agents Real Estate Agent Real Estate Sellers 435

Appraisal Buzz

JANUARY 7, 2025

fewer homes were sold this year than during the peak of the pandemic buying frenzy in 2021 (40 of every 1,000). presidential race between two candidates with opposing economic and housing agendas, many buyers and sellers have adopted a wait-and-see strategy this year.

Property Taxes 365

Property Taxes Real Estate Agent Mortgage Agents 365

Housing Wire

JUNE 11, 2024

According to the release, the integration will allow Offerpad to provide a cash offer to more sellers and will extend Offerpad’s reach to a larger audience of potential sellers. We have our homebuyer partnership network and our real estate agent partnership network, so the next best place for us to be is a large marketplace.”

Sellers 488

Sellers Real Estate Agent Buyers Real Estate 488

Housing Wire

JANUARY 12, 2024

Home buyers and sellers rely on the expertise and guidance of real estate agents, especially when making a long-distance move,” Gene Millman, the president and CEO of REcolorado, said in a statement. “We It is quite simple – sharing data helps the market function more efficiently.”

Real Estate Agent 468

Real Estate Agent Real Estate Realtors Agents 468

Housing Wire

FEBRUARY 6, 2024

home buyers and sellers it survey were targeted with suspicious or potentially fraudulent activities, while 10% were targeted for real estate fraud and 5% suffered losses during their real estate transaction due to fraudster.

Real Estate Agent 459

Real Estate Agent Real Estate Sellers Buyers 459

Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume.

Real Estate Agent 435

Real Estate Agent Real Estate Realty Technology 435

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. of offers written by Redfin agents facing competition in August. In August, 58.8% metros listed in the report, with 86.7%

Buyers 468

Buyers Inventory Real Estate Agent Sellers 468

Housing Wire

NOVEMBER 4, 2022

The share of Black and Asian first-time buyers is down from 6% in 2021, while the share of white first-time buyers is up from 82% and Hispanic homebuyers up from 7%. million in 2021, up from 50.5 The age of a first-time homebuyer increased to an all-time high of 36 years as compared to 33 years in 2021. million in 2010.

Sellers 418

Sellers Buyers Real Estate Agent Real Estate 418

Housing Wire

MAY 1, 2024

Less than a week after HomeServices of America settled the home seller commission lawsuits for $250 million , the firm again finds itself in the crosshairs of antitrust litigation. Lutz, a resident of Colorado, purchased a home in Key Colony, Florida, in 2021 with the help of a buyer’s agent employed by a HomeServices of America franchise.

Sellers 468

Sellers Real Estate Agent Realtors Real Estate 468

Housing Wire

MARCH 16, 2022

Latinos are twice as likely to use Federal Housing Administration financing than non-Hispanic white borrowers, but most of the real estate agents the National Association of Hispanic Real Estate Professionals surveyed felt FHA borrowers were at a competitive disadvantage. last year, respectively.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Investors 397

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. What’s especially interesting is that unlike average or low-performing agents, top-performing agents simply don’t lower their commission rates very often.

Agents 435

Agents Real Estate Agent Brokerage Real Estate 435

Housing Wire

SEPTEMBER 23, 2020

On Wednesday, Zillow announced that its Zillow Offers customers will be offered “a more simple, integrated transaction experience through added services, managed in house,” starting in January 2021 with Zillow Homes. The Zillow Homes solution will expand into more markets throughout 2021.

Real Estate 397

Real Estate Real Estate Agent Brokerage Sellers 397

Housing Wire

AUGUST 27, 2024

However, if the buyer fails to sell the home, the buyer has to either renegotiate the terms with the seller or withdraw from the contract without facing penalties. Proptech Homelight this week raised $20 million to expand its Buy Before You Sell product to mortgage lenders and real estate agents across 40 new states.

Contracts 468

Contracts Real Estate Agent Real Estate Buyers 468

Housing Wire

AUGUST 22, 2024

Filed in Florida in late April, the Lutz suit accuses HomeServices and its subsidiaries, BHH Affiliates and HSF Affiliates , of conspiring to artificially inflate real estate agent commissions. home sellers) pursuing the same injunctive relief that Plaintiff seeks here,” the filing states.

Law 434

Law Real Estate Agent Real Estate Brokerage 434

Housing Wire

JANUARY 9, 2024

District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. Masiello sold a home on an Arizona MLS through HomeSmart “in or about October 2021.”

Realty 488

Realty Realtors Real Estate Real Estate Agent 488

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. That’s still higher than the 56.8% million to 5.61

Inventory 511

Inventory Housing Market Real Estate Agent Buyers 511

Housing Wire

MAY 11, 2021

From lead to close to commission, we’re helping agents and brokers get a leading edge in a competitive marketplace and elevate the real estate experience they provide to buyers and sellers today.”. Homespotter, a software product suite for real estate agents and brokers, can integrate with over 300 MLSs.

Real Estate Agent 418

Real Estate Agent Real Estate Technology Brokerage 418

Housing Wire

JULY 28, 2021

The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance. We watch as consolidation transpires all-around.

Brokerage 545

Brokerage Real Estate Clients Agents 545

Housing Wire

APRIL 23, 2024

That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona. The company now has a digital HELOC offering. Judge Stephen R. Martell believes there will not be “a zero commission” market.

Mortgage 436

Mortgage Real Estate Agent Real Estate Renovations 436

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. Real estate brokers need to be able to target these clients effectively, so they can close deals quickly. Many real estate professionals discount the seller lead.

Real Estate 448

Real Estate Valuation Brokerage Clients 448

Housing Wire

AUGUST 11, 2021

But Rocket’s announcement provides a couple of specific ways it wants to cut into the real estate market and challenge traditional agents. Foremost is the ability for a home seller to work with an in-house Rocket real estate agent who is in “downtown Detroit” and will receive a commission of 1.5%

Real Estate 448

Real Estate Brokerage Real Estate Agent Agents 448

Housing Wire

JANUARY 21, 2022

When the restaurant Tom Hunt worked at as a server temporarily shut down during the spring of 2020 due to the COVID-19 pandemic, he decided it was the right time to pursue his longtime desire of becoming a real estate agent. million, according to the NAR’s 2021 member profile report. million members.

Agents 397

Agents Real Estate Agent Real Estate Clients 397