Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 416

Real Estate Agent Real Estate Agents Clients 416

Housing Wire

JANUARY 12, 2024

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. But with RateReduce Sell, sellers will be able secure a lower rate by buying down points permanently.

Sellers 449

Sellers Real Estate Agent Loan Officers Mortgage 449

Housing Wire

JANUARY 25, 2024

If you’re a new broker or team leader you might not realize just how competitive recruiting was in 2023. The data are sobering: The Agent Movement Index , the number of experienced Realtors switching brokerages each month, was at its lowest level since 2016. If anyone on this Earth can sniff out a hard sell, it’s real estate agents.

Real Estate Agent 426

Real Estate Agent Real Estate Agents Brokerage 426

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 421

Real Estate Agent Real Estate Agents Brokerage 421

Housing Wire

JANUARY 2, 2024

For many real estate professionals, 2023 was the year of the commission lawsuit , and the year could not end without one last copycat suit. 2023, Umpa is a resident of Maryland and the lawsuit is in regards to the sale of two homes, one in Maryland and one in Ohio.

Sellers 429

Sellers Brokerage Real Estate Realtors 429

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 406

Real Estate Real Estate Agent Tools Agents 406

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. There are numerous methods an agent can use to prospect, some traditional and others that leverage technology. Here are some different methods that real estate agents use to prospect for leads.

Real Estate 445

Real Estate Tools Real Estate Agent Open Houses 445

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 406

Real Estate Agent Inventory Real Estate Agents 406

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 428

Real Estate Agent Real Estate Loan Officers Agents 428

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Magazine list of the 5,000 fastest growing private companies in America declined in 2023. It was ranked the 98th-fastest growing private company in America in 2023. 658 in the 2023 Inc. 5000 edition.

Real Estate 362

Real Estate Real Estate Agent Technology Investors 362

Housing Wire

OCTOBER 7, 2020

August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy. Despite real estate agents reporting record numbers, buyer morale fell 5% with 54% of respondents saying it is a good time to buy a home. Presented by: NAMB. As of Oct.

Sellers 538

Sellers Real Estate Agent Buyers Design 538

Housing Wire

OCTOBER 17, 2023

Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the best real estate lead generation websites for 2023. The goal: to stay in touch with any and all visitors to your website. per month plus $249.95

Real Estate 434

Real Estate Real Estate Agent Agents Tools 434

Housing Wire

SEPTEMBER 9, 2024

While not yet reaching the trillion-dollar mark, Miami ‘s total real estate value, including both residential and commercial properties, was estimated at approximately $650 billion as of 2023, according to the Miami Association of Realtors. Each closed over 50 transaction sides in 2023. As of Sept.

Real Estate 385

Real Estate Agents Marketing Real Estate Agent 385

Housing Wire

SEPTEMBER 11, 2024

Atlanta is one of the most active and valuable real estate markets in the United States. The city represents over $1 trillion in residential real estate asset value, creating a ripe environment for real estate agents and homebuyers alike. Atlanta also claims the crown as the No.

Real Estate 310

Real Estate Agents Real Estate Agent Marketing 310

Housing Wire

OCTOBER 25, 2024

Zillow and Realtor.com have agreed to share 3D home tours, interactive floor plans and photo listings between both platforms, the real estate portals announced this week. Meanwhile, Realtor.com saw a 2% annualized revenue decline to $143 million in Q4 2023. The demand for 3D home tours is growing across the industry.

Real Estate Agent 401

Real Estate Agent Real Estate Technology Property Management 401

Housing Wire

OCTOBER 9, 2024

Zillow Group is continuing its quest to become a one-stop shop to serve all the needs of a real estate agent. On Tuesday, the residential real estate giant announced the acquisition of Virtual Staging AI (VSAI). Zillow launched Listing Showcase in June of 2023.

Real Estate 412

Real Estate Advertising Real Estate Agent Technology 412

Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. While not rated, relationship-building with real estate agents is crucial, especially in light of changes to MLS compensation policies.

Housing Market 461

Housing Market Real Estate Agent Marketing Training 461

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. Coming off of the pandemic banner years, thinning origination volume, low inventory and soaring home prices made business much harder to come by for LOs in 2023.

Business 451

Business Mortgage Loan Officers Inventory 451

Housing Wire

SEPTEMBER 5, 2024

mortgage market in 2023, up from 14.3% An accessible checklist on the FHA website would give home sellers, buyers, housing counselors, real estate agents and others a reliable source of information, according to the report. of the U.S. in 2022, according to HUD.

Buyers 419

Buyers Real Estate Agent Inspection Real Estate 419

Housing Wire

FEBRUARY 21, 2024

Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry.

Real Estate 458

Real Estate Real Estate Agent Realty Clients 458

Housing Wire

APRIL 12, 2023

Industry players are largely pessimistic about the economic climate and expect interest rates to trend up in the near term future, according to the HousingWire Q2 2023 LenderPulse survey. In a high-rate environment, lenders call the temporary rate buydown a win-win strategy for both sellers and buyers when used appropriately.

Marketing 350

Marketing Mortgage Loan Officers Real Estate Agent 350

Housing Wire

SEPTEMBER 12, 2024

While it hasn’t reached the trillion-dollar mark in residential real estate value held by cities like New York and Chicago , Charlotte’s market has nonetheless experienced significant growth, with total property values pushing $200 billion as of 2023. As of Sept. million in annual sales.

Real Estate 429

Real Estate Agents Real Estate Agent Sellers 429

Housing Wire

SEPTEMBER 10, 2024

This substantial reduction in inventory has intensified competition among Chicago’s more than 15,000 licensed real estate agents, making it increasingly challenging to secure listings and clients. It should come as no surprise that the top real estate agents continue to command a significant portion of the market.

Real Estate 371

Real Estate Agents Real Estate Agent Sellers 371

Housing Wire

MAY 14, 2024

Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents.

Real Estate Agent 487

Real Estate Agent Agents Real Estate Buyers 487

Housing Wire

AUGUST 2, 2024

home seller pays a 2.55% commission to the real estate agent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. The typical U.S. Still, even before the blitz of publicity around the class-action lawsuits and NAR settlement, commissions were coming down.

Agents 459

Agents Buyers Real Estate Agent Sellers 459

Housing Wire

MARCH 28, 2024

In November 2023, Wood indicated that the trial would take place in the fourth quarter of 2024 , but the status report findings appear to change the timeline. The suit obtained class certification in March 2023. The class encompasses home sellers across 20 local MLSs. The trial would take place in Chicago at the U.S.

Real Estate Agent 392

Real Estate Agent Realtors Real Estate Sellers 392

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. Magazine ’s 5000 list for 2023, a ranking of the fastest-growing companies in the U.S. Last year’s top ranked real estate brokerage firm, DASH Carolina , dropped from No.

Real Estate 369

Real Estate Brokerage Realty Real Estate Agent 369

Appraisal Buzz

NOVEMBER 4, 2024

Housing Markets The median household income for the average homebuyer increased from $107,000 in 2022 to $108,800 in 2023. Agents, Lenders Assist Purchasers During Complex Homebuying Process With 86% of all purchasers using their services—the most of any information source—real estate agents were vital to the homebuying process.

Real Estate Agent 370

Real Estate Agent Buyers Sellers Real Estate 370

Housing Wire

NOVEMBER 28, 2023

The team specializes in buyer and seller representation as well as new construction. 15 in the state of Wisconsin by transaction sides, according to the RealTrends 2023 America’s Best list. “As Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents.

Real Estate Agent 434

Real Estate Agent Real Estate Realty Technology 434

Hank Miller Team

JANUARY 16, 2023

As 2023 opens, the economic hangover due to the free spending and pandemic handouts continue. One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Housing Wire

JANUARY 12, 2024

In the third quarter of 2023, 88.5% To conduct this study , Redfin analyzed data from the Federal Housing Finance Agency ’s National Mortgage Database as of the third quarter of 2023. But a lot of sellers are worried about finding their next house because even though listings are rising, there’s still a housing shortage.

Real Estate Agent 491

Real Estate Agent Sellers Inventory Mortgage 491

Empire Appraisal Group

FEBRUARY 29, 2024

Lusky, DigitalVision, Getty Images Source: [link] FSBO Sellers Regret Not Having an Agent By Melissa Dittmann Tracey Survey: Sellers who go-it alone are twice as likely to be unsatisfied with the experience – and more likely to say their earlier opinion, “agents are overpaid,” was wrong.

Sellers 78

Sellers Agents Real Estate Agent Real Estate 78

Housing Wire

APRIL 3, 2024

Millennials replaced baby boomers as the largest group of homebuyers in 2023. Notably, 32% of all buyers in 2023 were first-timers (up from 26% in the prior year), with millennials comprising 75% of this demographic. Across all generations, the role of real estate agents also remains pivotal.

Marketing 522

Marketing Buyers Sellers Realtors 522

Housing Wire

AUGUST 2, 2023

With the resilient but still slower housing market conditions of the second quarter of 2023, Zillow reported that traffic to its apps and site was at 226 million average monthly unique users, down from 234 million a year ago. Purchase loan origination volumes in Q2 2023 grew 30% sequentially from Q1 2023 and 73% year over year from Q2 2022.

Agents 362

Agents Finance Sellers Housing Market 362

Housing Wire

NOVEMBER 6, 2024

Compared to the first nine months of 2023, Zillow’s origination channel revenue grew 41% to $104 million. According to the company, 40% of shoppers begin the process by looking for a lender and 80% of them don’t have a real estate agent. Brokerages such as The Agency and Compass have been vocal in their opposition to CCP.

Mortgage 382

Mortgage Real Estate Real Estate Agent Realtors 382

Housing Wire

SEPTEMBER 17, 2024

To get a sense for what the mood is among real estate agents right now, look no further than Portland , Oregon. Like the vast majority of the country, the city’s housing market has been stymied by high mortgage rates, low inventory and mismatched expectations between buyers and sellers. It’s just very emotional right now.”

Housing Market 397

Housing Market Marketing Sellers Buyers 397

Housing Wire

OCTOBER 20, 2023

The world of real estate is constantly in flux, yet one thing remains true: Lead generation is one of the most important requirements for maintaining a successful real estate business. Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5%

Real Estate 424

Real Estate Tools Open Houses Advertising 424