Housing Wire

JULY 30, 2024

The August 17 deadline is looming, and many Realtors are gnashing their teeth over how they can share their seller’s offers of buyer broker compensation while still complying with the terms of the settlement. We knew there had to be an efficient way of handling this sort of communication.” From this, HomeKick was born.

Buyers 440

Buyers Realtors Agents Sellers 440

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. If you want a shot at generating seller leads online, you need one, too.

Real Estate 398

Real Estate Sellers Real Estate Agent Tools 398

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. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

Real Estate 393

Real Estate Buyers Tools Real Estate Agent 393

Housing Wire

DECEMBER 19, 2024

RE/MAX Holdings , the parent company of real estate franchisor RE/MAX and mortgage franchisor Motto Mortgage , is getting into the advertising game. According to the company’s announcement, the new commercial media network will leverage RE/MAXs digital ecosystem to provide advertisers with a new platform to connect with consumers.

Advertising 362

Advertising Real Estate Sellers Agents 362

Housing Wire

JULY 1, 2024

In its statement of interest, the DOJ claims that the changes MLS Property Information Network (MLS PIN) proposed for its commission rule “still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers. … When sellers make such offers, buyer brokers need not compete on price to attract buyers.’”

Buyers 324

Buyers Law Sellers Advertising 324

Housing Wire

AUGUST 9, 2024

To kick off the conversation, Dwiggins shares his overall thoughts on commission sharing and discusses buyer compensation after an offer is made. I do not believe that you are serving your seller correctly if you are advertising compensation in advance of an offer,” Dwiggins said.

Real Estate 390

Real Estate Advertising Legal Agents 390

Housing Wire

MARCH 25, 2024

From there, the executives went on to address questions of where and how agents could advertise offers of cooperative compensation. While this may be similar to how agents in some MLSs note that sellers are willing to provide concessions, Papasan made it clear that seller concessions and commissions are not the same thing.

Agents 414

Agents Advertising Real Estate Sellers 414

Housing Wire

AUGUST 19, 2024

According to real estate professionals, the biggest adjustments they had to make this week was to get buyers to sign buyer representation agreements and to explain to sellers that while they don’t have to offer buyer broker compensation , they will most likely see most prospective buyers ask for some help in paying their agent.

Agents 464

Agents Sellers Realty Buyers 464

Housing Wire

SEPTEMBER 26, 2024

The majority of agents (60%) also reported that they do not like that they can no longer advertise offers of buyer agent compensation on the MLS , while 20% like the change. Similarly, 59% of agents don’t like that commission costs may be shifted directly to buyers, compared to 19% of agents who view this change favorably.

Real Estate Agent 446

Real Estate Agent Real Estate Agents Buyers 446

Housing Wire

MARCH 15, 2024

In addition to the $418 million settlement amount, which will be paid into a court-controlled trust over a four-year period, NAR has also agreed to abolish all rules allowing seller’s agents to set compensation for buyer’s agents. It also agreed to prohibit broker compensation appearing in the MLS fields.

Agents 459

Agents Brokerage Advertising Real Estate 459

Housing Wire

AUGUST 21, 2024

Our family established Baird & Warner more than a century ago with a mission to serve buyers and sellers with transparency and integrity, and we’ve endured many changes in our industry during this time. Doing the right thing is easy in theory, but often the hardest in practice.

Real Estate 403

Real Estate Training Advertising Brokerage 403

Housing Wire

MAY 30, 2024

14, Bright MLS will eliminate its commission field, preventing listing agents from advertising any commissions they offer to buyer brokers. A written and signed buyer agreement will also be required to show properties listed on the MLS. “We Starting Aug. This field is negotiable and not mandatory.

Agents 390

Agents Advertising Real Estate Agent Buyers 390

Housing Wire

SEPTEMBER 14, 2023

But as much as it’s already a core tenet of real estate, collaboration currently presents a unique new opportunity for real estate agents to evolve the way they work with their buyers and sellers. Consumer expectations have changed dramatically in the last few years. But collaboration doesn’t stop there.

Marketing 403

Marketing Advertising Real Estate Agents 403

Housing Wire

SEPTEMBER 17, 2024

“In one bucket are agents and listings who are not sharing what they are offering for buy-side compensation and are instructing buyers to write all their asks into their offer. In the other are sellers who are choosing to advertise the buyer broker compensation they are offering in all allowable channels.”

Agents 410

Agents Sellers Buyers Realtors 410

Housing Wire

JUNE 17, 2024

Realtor.com is extending the reach of its buyer representation advertising campaign, according to an announcement on Monday. The listing portal argues that since sellers have an agent looking out for their best interests, buyers also deserve the same level of support.

Real Estate 407

Real Estate Buyers Advertising Agents 407

Housing Wire

FEBRUARY 6, 2024

An assumable mortgage enables qualified buyers to take over the seller’s mortgage terms, including the existing balance and interest rate. It presents an appealing proposition for both buyers and sellers, particularly those looking to capitalize on historically low mortgage rates.

Mortgage 394

Mortgage Sellers Advertising Buyers 394

Housing Wire

SEPTEMBER 13, 2023

It allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. Moreover, many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates.

Mortgage 423

Mortgage Government Advertising Buyers 423

Housing Wire

OCTOBER 25, 2023

It’s a negotiation with the seller.” However, he said this might not be in the best interest of the seller. It’s in the best interest of the seller to have as many buyers as possible.” The seller’s agent then finds a buyer at their local church and receives a $9,000 commission.

Sellers 421

Sellers Realtors Agents Buyers 421

Appraisal Buzz

JUNE 24, 2024

Even during a period when home values are typically at their lowest, many prospective first-time buyers were unable to reach their long-term financial goal of becoming homeowners in Q1, according to the Q1 2024 First-Time Home Buyer Affordability Report from Nerdwallet. times potential first-time buyer income) Detroit (2.9)

Buyers 273

Buyers Advertising Inventory Home Value 273

Housing Wire

JUNE 7, 2024

When a potential buyer or seller lead searches for homes or a home valuation on Google, they are driven to your site by ads created and managed by Zurple’s advertising experts. Leads are generated and captured on an IDX home search website First, Zurple creates a custom-branded IDX home search website for you.

Advertising 365

Advertising Tools Real Estate Sellers 365

Housing Wire

MARCH 20, 2024

The company monetizes its platform’s traffic in a variety of ways, primarily by selling leads, software-as-a-service tools for agents and advertising services. Those same investors foresee fewer buyer agents as a result, or at least fewer that will pay for the premium services Zillow offers.

Investors 418

Investors Agents Real Estate Buyers 418

Housing Wire

JULY 26, 2021

That kind of drawn-out timetable is typical for the majority of western nations that use the auctioneer system where a seller works with one, perhaps two, auctioneers. fee to the seller. They also had to pay for the brokerage sign outside their home, newspaper advertising, online ads and the brochures for potential buyers.

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Legal 397

Housing Wire

FEBRUARY 9, 2024

In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com ) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs. The portal wars are heating up. We’ve climbed from No. 5 or 6 to No.

Marketing 433

Marketing Advertising Real Estate Real Estate Agent 433

Housing Wire

OCTOBER 29, 2024

Wang claims that he has paid hundreds of thousands of dollars to buyer brokers and listing brokers in the past few years. Wang claims that he has paid hundreds of thousands of dollars to buyer brokers and listing brokers in the past few years. Friedman voluntarily dismissed his suit in January.

Sellers 426

Sellers Brokerage Real Estate Legal 426

Housing Wire

SEPTEMBER 13, 2024

Sellers are happy that they sold their home for more money than they bought it for, and home buyers are happy you found them an asset that will increase in value. Unless they need to move, sellers will almost always be disappointed with the price you can sell their home for. You’re going to crash and burn as an agent.

Agents 445

Agents Real Estate Real Estate Agent Sellers 445

Housing Wire

FEBRUARY 28, 2024

So if you want to actually generate leads from social media, focus on telling stories that resonate with local buyers and sellers. So get over your fear of being perfect and just start creating content that resonates with buyers and sellers in your farm area. It’s the median age for a typical first-time home buyer.

Real Estate 430

Real Estate Marketing Tools Contracts 430

Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

Inspection 468

Inspection Sellers Buyers Tools 468

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. This process can include a variety of strategies and methods, such as cold calling, direct mail campaigns, online advertising, social media marketing, community engagement, and networking events.

Real Estate 421

Real Estate Tools Real Estate Agent Open Houses 421

Appraisal Buzz

OCTOBER 3, 2024

Following the Federal Reserve ‘s 50 basis point reduction in the jumbo rate in September, mortgage rates significant fell to a 24-month low, prompting sellers to move. Sellers, especially those who are locked into a low rate, have been waiting for market conditions to change,” said Danielle Hale, Chief Economist, Realtor.com.

Marketing 418

Marketing New Listings Sellers Advertising 418

Housing Wire

AUGUST 24, 2024

and even better, target both buyers and sellers with boosted posts and paid ads. You could also include any specific type of real estate you specialize in, such as new construction, working with first-time buyers or selling waterfront properties. Be sure to comply with your local advertising laws and guidelines.

Real Estate Agent 377

Real Estate Agent Real Estate Agents Advertising 377

Appraisal Buzz

JULY 12, 2024

According to new Redfin research , a buyer on a $3,000 monthly budget may purchase a $447,750 house with a 6.85% mortgage rate, which is the daily average as of July 11. The current small decline in rates may encourage more potential sellers to come off the sidelines. home, which is approximately $400,000 in cost. “The

Contracts 370

Contracts Inventory Buyers Sellers 370

Housing Wire

JUNE 11, 2021

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. While home inspections aren’t required, they provide the buyer with several important opportunities in the home-buying process.

Inspection 458

Inspection Appraisal Appraisal Process Buyers 458

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans.

Finance 450

Finance Real Estate Agent Real Estate Insurance 450

Housing Wire

OCTOBER 21, 2024

Prior to the implementation of the current CCP in May 2020, listing brokers had two business days from the signing of the listing contract to either enter the listing into the MLS as “active” or submit a listing exclusion form, which had to be authorized by the seller, to the MLS. That should not be dictated by an association.

Brokerage 413

Brokerage Real Estate Sellers Agents 413

Housing Wire

APRIL 3, 2024

CoStar has not been quiet about its goal to surpass Zillow, even running a series of advertisements during this year‘s Super Bowl to boost brand awareness. In prior notes, KBW had also referred to CoStar as the “top beneficiary” of a change to the buyer agent landscape.

Real Estate 389

Real Estate Agents Buyers Business 389

Housing Wire

OCTOBER 3, 2023

This is a dramatic and peculiar stance, given that same company a couple of years ago launched a $1 million annual advertising campaign touting a 1% listing fee, but only if the seller turned into a buyer for them. Meaning, they were counting on buyer agent compensation to pay their bills.

Agents 399

Agents Buyers Training Law 399

Housing Wire

OCTOBER 20, 2023

Advertising on Zillow can put your website in front of millions of potential buyers and sellers. It offers a multichannel online advertising service that finds and attracts potential leads, leveraging search intent targeting and social information to engage with potential buyers and sellers.

Real Estate 402

Real Estate Tools Open Houses Advertising 402