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The role of the realestateagent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. Help negotiating with buyers registered at just 13%.
Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional realestateagent is the best way to sell. Of the 73% who said they preferred using agents, 67% believe traditional realestateagents are still the best option and 6% favor discount agents.
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for realestateagents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Join Lab Coat Agents 2.
Commissions paid to realestateagents 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’sagent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.
Israeli startup eSelf AI has developed a technology that provides interactive AI realestateagents capable of answering questions and guiding prospective buyers through listings at any time. “We have more than 5,000 properties currently in our portfolio. and Brazil.
Home staging is your chance to transform a property into a home that buyers cant wait to get their hands on. As an agent, you know a beautifully staged home turns into a sold one. Buyers want to be able to see how a home will work for them. The goal of realestate staging is to highlight all its best features.
AgentCoach.AI , an AI-powered realestate coaching company, is launching a new training platform for realestateagents. The new platform will leverage specialized training bots to help agents prepare for business. Productivity tools are also available to keep agents on track. said in a statement.
So, let’s start with the basics: What is a realestate broker vs. an agent? To answer that, we’ll take a deep dive into the differences between the many types of realestate professionals, including a realestateagent and a realestate broker. Summary What is a realestateagent?
Understanding that realestate housing markets are hyperlocal, the RealTrends Verified City Rankings represent the newest evolution of RealTrends agent and team rankings. This year’s inaugural rankings feature agents and teams from 50 cities across the U.S., However, Leading RE agents and team bested the sales volume.
While many agents are all-in on Instagram, TikTok, or YouTube, theres another social media platform thats incredibly powerful: LinkedIn. Using LinkedIn for realestate is a hidden gem for connecting with local business professionals. Related article How to write a lead-winning, memorable realestateagent bio (+ examples) 2.
According to HomeLight ‘s Top Agent Insights report released this week, realestateagents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizona -based realestate platform designed to connect agents with clients. 30 and Nov. 30 and Nov.
-based Consumer Policy Center (CPC) warns that the common practice of percentage-based realestate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It.
Growing dissatisfaction among realestateagents , concerns over declining commissions , and shifting views on the National Association of Realtors (NAR) are among findings in Redfin’s 2025 Industry Survey. Declining satisfaction, economic worries Agent morale has dropped 5% since last year, with just 21.2%
Disaster-stricken areas can place undue hardship on realestateagents looking to sell houses and sales volumes often take a hit. And a report published this week said that agents in Florida, California and South Carolina are being forced to change tactics to survive in their markets. “Its a full-court press for us.”
From luxury property tours to laugh-out-loud realestate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a realestate investor or just love stunning homes, these realestate Instagram accounts are a must-follow.
Despite challenges in the market, luxury agents can leverage these insights [from the mid-year report] to finish the year strong.” Those trends include buyers’ pursuit of “forever dream homes” which, according to agents, offer adaptability to grow and change alongside homeowners’ evolving lifestyles. Among specialists, 32.8%
A majority of agents believe 2025 is going to be a great year for the housing market. Around 85% have an optimistic outlook , and 70% believe the market will be more stable, according to a new survey from Clever RealEstate. That will likely make it a busy year for realestateagents.
Realestateagents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. I always think demand comes before supply in this situation,” said Redfin agent Justin Vold, who is based in Los Angeles. “If
Realestate referrals are the lifeblood of most top producers’ businesses. This is evident when you ask any highly successful agent where they find their clients. That’s wonderful and something to be admired, yet I’ve had many agents who are earlier in their careers ask me HOW these agents built this referral machine.
The realestate market is constantly shifting, and today’s market calls for agents to return to the more tried-and-true marketing strategies. Open houses remain one of the best ways to showcase a property and connect with potential buyers. This allows the agent to tailor their follow-up strategies for better results.
As he and his clients walked out the door of a multi-million home they had just toured together, the buyer told Sarway he wanted to submit an offer. Instead, he took a deep breath, remembered his fiduciary duty to his buyer and told him exactly why buying the apartment would be a mistake. Agents were doing deals there.
RE/MAX frequently touts the experience and productivity of its agents, 135 of which made the 2024 RealTrends Verified + Tom Ferry The Thousand more than any other brokerage. In 2025, however, the realestate franchisor is looking to welcome in and foster the next generation of top agents.
In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by realestate technology firm Clever RealEstate.
While they may not be as trendy as they once were, a well-crafted realestateagent Facebook page is still the best way to generate leads on social media. Your Facebook page can help you build your personal brand, network with other agents across the country (hello, referral partners!)
The tech advantage The youth of both Hispanic consumers and the Hispanic realestateagents who serve them means these professionals will likely embrace and benefit from tech advances faster than others in the realestate field. “We’ve seen the value proposition [of buyeragents] for many, many years.
NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market. The data reflects shifting financial dynamics, as older buyers particularly boomers are increasingly purchasing homes outright with cash.
According to the National Association of Realtors 2025 Home Buyers and Sellers Generational Trends report, baby boomers now comprise the largest generational group of home buyers in a shift that underscores the changing dynamics of todays housing market. Generation X buyers (ages 4559) held steady at 24% of their share.
Watch any of the glamorous pseudo-reality realestate shows on TV, and you might be tempted to become a part-time realestateagent. Most of the agents you see on TV wearing $1500 outfits work 80+ hours per week. In my first few years in realestate, I regularly logged 50+ hour weeks.
While some in the realestate industry are expecting to see a decline in the number of buyer’sagents 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 realestateagent.
Fannie Mae and Freddie Mac will not count buyer’sagent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday. Next, we hope Fannie will provide a similar framework for buyers.
31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers.
Can you build a thriving realestate business on TikTok? She went from a brand new agent in 2020 to running her wildly successful boutique brokerage with Side in less than four years. No cold calling, no door knocking just (patiently) educating new and move-up buyers with quick-hit educational TikTok videos.
The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their realestateagent compensation, a VA official announced on Tuesday. NAR did not return a request for comment.
Wacksman: That’s the Zillow app for a buyer and a seller. What does the buyer or seller want? Robinson : How would you help agents understand how you are positioning your technology for the good of the industry and for the good of the agent? One has to keep up with where the buyer and seller is going.
According to the announcement, the guest access agreement benefits both consumers and realestateagents who are frequently finding themselves moving across state lines. CRMLS currently has more than 127,000 active listings and Bright MLS hosts more than 115,000 active listings.
“Technology has enabled homeowners to live more sustainably and more affordably, which is a growing priority for prospective buyers,” said Amanda Pendleton, a Home Trends Expert at Zillow. The post Homeowners and Buyers Reveal the Most Desired Home Trends for 2025 first appeared on The MortgagePoint.
In the newest episode of the “RealEstate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Robert Morris, a realestate broker, trainer and veteran agent at Keller Williams Capital Properties. Morris: The premier designation for buyer’s representation is the ABR.
Think of it as ROYGBIV, but instead of helping third graders learn color theory, it will help you convert more cold buyer leads with less stress. Its powerful stuff, especially for new buyeragents. The LPMAMA script cuts right to the heart of a buyers needs, wants, dreams and financial ability to achieve them.
housing market is split into two groups: first-time buyers struggling to enter the market and current homeowners buying with cash,” said Jessica Lautz, NAR Deputy Chief Economist and VP of Research. First-time buyers decreased to 24% of the market share (32% last year). For first-time buyers, this number jumps to 64%.
Online realestate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property. SmartSale allows homeowners to sell their homes through direct offers from buyers or an auction process.
So read through these realestate statistics, commit them to memory and use them as fuel in your realestate conversations. Why are realestate statistics important for agents? Is there a better way to make yourself the go-to agent in your area?
According to a recent Redfin analysis, the average buyersagent commission for properties sold in Q4 was 2.37%. When the regulations come into effect on August 17, the average buyersagent commission dropped from 2.38% in July to 2.35% in August. A Redfin-commissioned survey of 500 U.S.
To help you find the best realestate website builder for your needs, our team of agents, brokers, and tech experts researched and ranked the best realestate website builders for 2024. Instead of learning to code or wrestling with WordPress, you can get your website up and running in an afternoon.
home seller pays a 2.55% commission to the realestateagent hired by their buyer, down from an average of 2.62% in January, according to a Redfin analysis of MLS data. 28 and July 14 of this year to compare average commission rates paid to a buyer’s agent. The typical U.S.
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