Appraisal Buzz

OCTOBER 31, 2024

Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.

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Real Estate Agent Real Estate Agents Sellers 386

Appraisal Buzz

JUNE 10, 2024

There seems to be continued debate among appraisers, reviewers, and underwriters regarding seller concessions. A particular point of contention in this debate is whether or not it is appropriate to adjust seller concessions on a dollar-for-dollar basis. Supervisor: Is ‘cash’ real estate?

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Sellers Real Estate Appraisal Finance 418

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% By being true to yourself.

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Real Estate Tools Open Houses Advertising 415

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. Buyer and seller-specific landing pages: You’ll want a site that offers visitor-specific content pages.

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Real Estate Real Estate Agent Agents Tools 424

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.

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Real Estate Real Estate Agent Realty Clients 453

Housing Wire

SEPTEMBER 10, 2024

Chicago has cemented its position as one of the most valuable real estate markets in the United States, recently surpassing the $1 trillion mark in real estate asset value. It should come as no surprise that the top real estate agents continue to command a significant portion of the market. Click Here

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Real Estate Agents Real Estate Agent Sellers 362

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. 188), and Keeton & Co Real Estate (No. The self-reported list ranks U.S.

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Real Estate Brokerage Realty Real Estate Agent 368

Appraisal Buzz

SEPTEMBER 13, 2024

As we near the fourth quarter of 2024, the traditional peak of the home-buying season has passed, and the real estate market is entering a period of transition. Inventory levels are projected to peak at around 700,000 homes by October, with the year likely ending with 20-30% more homes on the market compared to the end of 2023.

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Inventory Real Estate Marketing New Listings 397

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.

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Real Estate Agents Real Estate Agent Marketing 303

Housing Wire

OCTOBER 31, 2024

What has changed for real estate brokerages since then? 31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. “I’m Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so.

Real Estate 388

Real Estate Brokerage Agents Training 388

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 421

Sellers Brokerage Real Estate Realtors 421

Housing Wire

JANUARY 22, 2024

Could 2024 be the worst year ever for real estate wire fraud ? As home purchases declined in 2023, fraudsters have increased the sophistication and tenacity of their tactics, preparing for the next wave of transactions. From fake listings to advanced phishing schemes to wire fraud, the real estate industry is under attack.

Real Estate 437

Real Estate Tools Sellers Buyers 437

Housing Wire

OCTOBER 31, 2024

Real estate agent commissions have held steady since August, but there’s a divergence at different price points. Even in the past two years, commissions have come down as the average rate was 2.51% in January 2023. Commissions may face more downward pressure next year if we see a resurgence of bidding wars,” Fairweather said.

Real Estate Agent 364

Real Estate Agent Real Estate Agents Brokerage 364

Housing Wire

APRIL 29, 2024

It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way. The bearish take is that there are many more sellers than buyers and inventory is rising. orate further?

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Sellers Marketing Inventory Contracts 492

Housing Wire

DECEMBER 19, 2023

The defining characteristic of the 2023 housing market has been dramatically fewer home sellers than any recent year. In this week’s Altos Research video, I look at how home sellers and sales are up, but that doesn’t mean prices will climb in 2024. There are still far fewer sellers each week than in the pre-pandemic era.

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Sellers Marketing Inventory Contracts 466

Housing Wire

OCTOBER 30, 2024

Become a hub for real estate listings. Listing inventory remains the lifeblood of the residential real estate marketplace,” Reffkin said. “At The powerful real estate websites use these insights to empower their model of selling buyers to third-party agents,” Reffkin said. “In million, an increase of 13.4%

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Real Estate Inventory Brokerage Agents 336

Housing Wire

JANUARY 23, 2024

With the coming together of interest rate drops, the persistent, continued low inventory levels and 2023 being recorded as the slowest year for U.S. Interest rates, a key determinant of the real estate market’s health, are on a downward trend. The real estate industry must keep up with the big appetite for housing.

Real Estate Agent 450

Real Estate Agent Real Estate Buyers Agents 450

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI real estate agent.

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Real Estate Agent Real Estate Agents Modernization 460

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Extending a broad (but strategic) net is part of knowing how to generate buyer leads in real estate. Of course, you can’t do everything — but consistency is important.

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Real Estate Buyers Tools Real Estate Agent 406

Sacramento Appraisal Blog

AUGUST 2, 2023

Sellers have been sitting, and it’s been a game-changer for the housing market in 2023. UPCOMING (PUBLIC) SPEAKING GIGS: 8/18/23 Details TBD 8/29/23 Elk Grove Regional MLS Meeting 10/23 […] The post Dear sellers, the housing market misses you first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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Sellers Housing Market Marketing Valuation 295

Housing Wire

JANUARY 8, 2024

Based on the trends we can see after the start of the year, I’ll project 2024 will see about 15% home sales growth over 2023. 2023 started with recovery, but slowed down in Q3 as mortgage rates hit 8%. Sellers are coming back There are 499,000 single-family homes unsold on the market now. Home price signals are increasing too.

Real Estate 507

Real Estate Marketing Inventory New Listings 507

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.

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Sellers Real Estate Agent Loan Officers Mortgage 444

Housing Wire

MARCH 7, 2024

Home sellers looking to maximize their sale price may want to avoid the start of the busy spring buying season and list their properties closer to the midpoint of the year, according to a Zillow analysis released Thursday. metro areas, homes listed for sale between the start of May and early July 2023 posted the highest sales prices.

Sellers 421

Sellers Buyers Real Estate Inventory 421

Housing Wire

OCTOBER 22, 2024

Data from Altos Research shows that higher mortgage rates aren’t necessarily keeping sellers from listing their homes. Recently released data from Zillow shows that housing starts were down for a second straight year in 2023, although activity remains above pre-pandemic levels. 18 to 6.15% on Tuesday.

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Sellers Mortgage Marketing Construction 425

Housing Wire

OCTOBER 3, 2023

As the commission lawsuits heat up, real estate brokers are gearing up to add buyer representation agreements and training, cut costs and hone value propositions, according to RealTrends Q4 2023 BrokerPulse survey. Some 22% said they were pessimistic, compared with 14% in the Q3 2023 survey.

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Real Estate Brokerage Agents Training 386

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. That just shows you how impactful the cost of insurance is in the real estate market.” and Liberty Mutual Holding Co.

Real Estate Agent 462

Real Estate Agent Insurance Real Estate Agents 462

Housing Wire

FEBRUARY 28, 2024

To help, I put together my best strategies for real estate social media marketing that still work in 2024, common mistakes to avoid, how to choose which platforms to focus on, and my favorite free and paid social media tools that can cut your work in half. Social media gives you the perfect opportunity to build a brand that resonates.

Real Estate 444

Real Estate Marketing Tools Contracts 444

Housing Wire

APRIL 22, 2024

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed real estate professional with (your brokerage). Please think of me as your go-to resource for all things real estate.

Real Estate 383

Real Estate Open Houses Brokerage Real Estate Agent 383

Housing Wire

FEBRUARY 26, 2024

We still see more sellers than last year. Last week showed good growth in sales over 2023, and I mentioned that it might be fleeting. It’s just a fraction fewer than the same week in 2023. We are in the normal range with price reductions, meaning sellers are generally fine, generally getting their prices. is $429,000.

Sellers 448

Sellers Inventory New Listings Contracts 448

Housing Wire

JANUARY 2, 2024

real estate market is in and it may surprise you, but pretty much all the signals for housing in 2024 are pointing for growth now. Each week sellers are easing back into the market a little more than last year. The defining characteristic of 2023 was how few sellers we had. The last week of data for the year U.S.

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Housing Market Marketing Inventory Contracts 530

Housing Wire

NOVEMBER 16, 2023

Zillow’s 2023 Consumer Housing Trends Report finds that first-time buyers now make up 50% of all home buyers, up from 45% last year and a meaningful jump from 37% in 2021. For real estate professionals, the changing landscape is a call to action. Share helpful infographics Visual content is king.

Real Estate 407

Real Estate Marketing Real Estate Agent Tools 407

Housing Wire

MAY 16, 2024

The MLS is crucial for home sellers , even in a strong seller’s market, as it provides significant financial benefits and access to more potential buyers, according to a recent study by Bright MLS called “On-MLS Study: Measuring the Benefits of an Open and Transparent Housing Marketplace.” They would be wrong.

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Sellers Real Estate Buyers Marketing 329

Housing Wire

SEPTEMBER 5, 2023

Real estate giant Anywhere has reached a settlement agreement in two of the major class action antitrust lawsuits facing the housing industry. The Sitzer/Burnett suit is slated to head to trial on October 16, 2023. A trial date has yet to be set for the Moehrl lawsuit. “We

Real Estate 448

Real Estate Buyers Legal Realtors 448

Sacramento Appraisal Blog

MARCH 28, 2023

Sellers are hibernating. It’s been striking to see sellers sitting back so far in 2023, and it’s really starting to create more competition for buyers. Let’s talk about it. Scroll by topic or digest slowly.

Sellers 243

Sellers Housing Market Marketing Real Estate 243

Housing Wire

JULY 1, 2024

While there won’t be a big drop off for new listings in July, we can assume we’ll have fewer sellers each week through the rest of the year. We may end the year with roughly 20% more homes on the market than at the end of 2023. Add in the 15,000 immediate sales and that totals 86,000 sellers, which is not very many.

Real Estate 385

Real Estate New Listings Inventory Marketing 385

Housing Wire

JUNE 24, 2024

It looks like we’re heading back to those conditions of the second half of 2022 where inventory grew rapidly, but any real downside correction was mitigated with a withdrawal of supply. Sellers can just wait it out, and it looks like the U.S. I think it’s worth examining if sellers will indeed just wait it out now.

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Inventory Sellers New Listings Property Taxes 380

Housing Wire

MARCH 11, 2024

Remote online notarization (RON) platform NotaryCam expanded its independent notary platform customer base by 46% in 2023, according to an announcement on Monday. In addition to expanding its notary platform customer base, NotaryCam also grew the number of loss-mitigation-related RON transactions it was part of in 2023 by 115%. “We

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Law Real Estate Investors Sellers 404