Appraisal Buzz

NOVEMBER 22, 2024

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. of responding specialists agreed.

Buyers 417

Buyers Luxury Properties Marketing Inventory 417

Housing Wire

FEBRUARY 4, 2025

Compass One gives clients easy access to relevant documents, calendars, listings and communication with their agent. Within the platform’s dashboard, clients can view documents like offers, appraisals, listing contracts, open houses and more. Sellers have access to all offers.

Clients 412

Clients Brokerage Advertising Sellers 412

Housing Wire

DECEMBER 30, 2024

The homes that went under contract took 43 days to do so the slowest pace since 2019. Some agents attribute stale inventory growth to unreasonable prices that repel would-be buyers from pursuing certain listings. “I explain to sellers that their house will sit on the market if its not fairly priced.

Inventory 488

Inventory Sellers Housing Market Contracts 488

Appraisal Buzz

MARCH 14, 2025

Some homes are attracting bidding wars like its 2020 again, while others are sitting on the market for weeks with no action, said Desiree Bourgeois, a Redfin Premier Real Estate Agent in Detroit. Thats why Im telling all of my sellers that its crucial to price their homes competitively. Pace of Sales Hits Five-Year Low The typical U.S.

Contracts 393

Contracts HOA New Listings Real Estate Agent 393

Housing Wire

MARCH 14, 2025

Why are real estate statistics important for agents? The market action index is 37, indicating that there is a slight seller’s advantage. Is there a better way to make yourself the go-to agent in your area? 89% of sellers used an agent to sell their home. 10% of properties have been relisted.

Real Estate 355

Real Estate Marketing Real Estate Agent Sellers 355

Housing Wire

FEBRUARY 28, 2025

Economic uncertainty : Concerns about tariffs , layoffs, and federal policy changes are making buyers and sometimes sellers hesitate. Im seeing more homebuyers back out of deals than usual, and Im hearing the same from other agents and mortgage lenders in the area, said Sam Brinton, a Redfin Premier agent in Salt Lake City.

Inspection 367

Inspection HOA Buyers Real Estate Agent 367

Housing Wire

NOVEMBER 4, 2024

31, 2023, and has since reshaped the business practices for real estate brokerages and agents across the country. Finding an agent Like 43% of homebuyers , I began my search online, as I worked to get a sense for what the inventory in my preferred areas and in my price range looked like. Funny you should ask.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

MARCH 28, 2025

Predictive analytics in real estate combines the use of historical data and algorithms to anticipate future market trends and identify potential sellers sometimes even buyers, too. Real estate agents can use this data to identify motivated sellers and people who are likely to buy a home. What does this mean for you?

Real Estate 351

Real Estate Tools Real Estate Agent Sellers 351

Housing Wire

JANUARY 27, 2025

Home sellers and listing agents know where demand is for homes. Meanwhile, the median price of the new contracts pending this week came in at $384,700, which was a slight jump from last week. More sellers are facing an absence of buyer demand, prompting them to reduce their asking price. In 2023, this number was 33.9%.

Inventory 396

Inventory Sellers New Listings Contracts 396

Housing Wire

JANUARY 27, 2025

The company announced this week that it secured $8 million in funding to offer better insights and cohesiveness to real estate agents. Indigo is a search platform that allows buyers to bid on agent-approved listings. Users can also track all agents interested in a specific listing and offer data analytics. .

Real Estate 369

Real Estate Real Estate Agent Agents Brokerage 369

Housing Wire

DECEMBER 27, 2024

Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Our goal is to help educate you on what a real estate team is, how they work and the types of agents who thrive on teams. If youre reading this article, youre not alone.

Real Estate 418

Real Estate Tools Agents Real Estate Agent 418

Appraisal Buzz

MARCH 25, 2025

Redfin agents say would-be homebuyers and sellers in the Palisades and Altadena have adopted a wait-and-see approach. Many homeowners kept their homes off the market because they were worried values would diminish, and some house hunters canceled contracts because they were nervous about insurance costs and potential future fires.

Housing Market 327

Housing Market Marketing New Listings Sellers 327

Housing Wire

AUGUST 14, 2024

Ralph Harvey , Jason Saphire and Ben Caballero are three of the most prolific agents in America. But these listing-only agents are still having to adjust their practices to conform with the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement that goes into effect on Saturday. “We

Agents 448

Agents Sellers Buyers Contracts 448

Housing Wire

NOVEMBER 20, 2023

Real estate agents are facing a contracting issue that could seriously upend the traditional housing landscape. Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. But what happens if consumers pivot away from buyer agents altogether?

Buyers 482

Buyers Agents Real Estate Agent Loan Officers 482

Housing Wire

AUGUST 13, 2024

As more brokerages and agents contemplate moving away from a cooperative compensation model , many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all? You have to make sure you are on the same page.”

Clients 482

Clients Agents Buyers Sellers 482

Appraisal Buzz

MARCH 14, 2025

In addition to buyers and sellers, this disruption might have repercussions for the economy, associated sectors, and the larger real estate market. If the delay is too long, some contracts may expire, leading buyers to renegotiate or back out of the deal. billion annually after calculating the revenue from each states home sales.

Insurance 389

Insurance Renovations Sellers Design 389

Housing Wire

NOVEMBER 13, 2020

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone — even an agent recommended to you by a friend or loved one — is up to the task. Do I have to sign a contract and, if so, how is it structured?

Real Estate Agent 545

Real Estate Agent Real Estate Agents Contracts 545

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 448

Real Estate Sellers Real Estate Agent Tools 448

Appraisal Buzz

JANUARY 31, 2025

When the market isnt competitive, some buyers think they should wait for costs to go down, said Jordan Hammond, a Redfin Premier agent in Raleigh, NC. Now its pretty clear that sellers arent slashing asking prices and mortgage rates arent plummeting, so mindsets are shifting. The market had 5.2 Median asking price $407,225 5.2%

New Listings 390

New Listings Sellers Buyers Mortgage 390

Housing Wire

AUGUST 1, 2024

As brokerage firms fine tune how to handle the business practice changes outlined in the terms of the National Association of Realtors’ nationwide commission lawsuit settlement agreement , which are set to go into effect on August 17 , many are focusing on how their agents will handle compensation on both the buy-side and the sell-side.

Sellers 448

Sellers Buyers Agents Law 448

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Now, agents are showing and selling nonstop. The South followed, at 20%; the Northeast at 13%; but the West actually declined, by 4%.

Agents 544

Agents Business Inventory Real Estate Agent 544

Housing Wire

AUGUST 19, 2024

But even though O’Koniewski and her agents have spent months preparing for these changes, she said the date did not come without a sense of trepidation. “I Not that individual agents might be struggling or running into things, but I haven’t seen or heard any horror stories or anything awful yet.” I know quite a few agents it hurt.

Agents 476

Agents Sellers Realty Buyers 476

Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 514

Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

OCTOBER 1, 2024

The role and value of real estate agents has come under scrutiny since the National Association of Realtors (NAR) settled a bevy of antitrust lawsuits related to offers of agent compensation on Realtor-owned multiple listing services (MLSs). What we want to do is be able to bring to light everything the agents are actually doing.”

Agents 448

Agents Real Estate Agent Real Estate Brokerage 448

Housing Wire

OCTOBER 23, 2024

Successful listing agents know that the key to securing a listing is preparation. Proactive agents do the work ahead of time and know what to expect going into every listing appointment. ask this at the end of the appointment) “I understand you’re interviewing several agents. Several pens. Business cards.

Agents 435

Agents Real Estate Sellers Real Estate Agent 435

Appraisal Buzz

FEBRUARY 13, 2025

of homes that went under contract last month. Economic uncertainty: With tariffs, reductions in the federal workforce, return to office mandates, and mortgage rate uncertainty, a lot is up in the air for a lot of Americans right now, and Redfin agents report this is giving buyers (and sellers) cold feet. Thats up from 13.4%

Inventory 397

Inventory New Listings Sellers Real Estate Agent 397

Housing Wire

AUGUST 12, 2024

Despite the firm’s name Voss says the brokerage works with both buyers and sellers, but on the sell-side he and his agents only charge clients for their services. “We I really struggled with that dynamic of why would I, as a seller, want to offer money to somebody who is going to actively try and get me to gain less?”

Brokerage 448

Brokerage Agents Sellers Buyers 448

Appraisal Buzz

JUNE 12, 2024

Home sellers are returning to the market, but buyers are hesitant, according to a recent Zillow market report. Median days to pending, the typical time from initial list date to pending status for homes that went under contract during a month, is at 13 days in May, which is unchanged from April. in 2024 before falling 1.4%

Sellers 397

Sellers Buyers New Listings Home Value 397

Housing Wire

FEBRUARY 28, 2024

As brokerages across the country have begun implementing buyer agency contracts into their business practices in the wake of the Sitzer/Burnett commission lawsuit verdict, the Consumer Federation of America is warning consumers that they may be filled with “unfair provisions” that primarily protect agents and brokers.

Buyers 480

Buyers Contracts Agents Realtors 480

Housing Wire

OCTOBER 9, 2024

17 , when the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement had to be implemented, most brokers and agents were concerned about how they would disclose a seller’s offer of buyer broker compensation. Heading into Aug. which is no longer in effect.

Buyers 468

Buyers Sellers Agents Contracts 468

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. Well into January, we are already seeing properties go under contract in the first weekend with multiple offers.

Real Estate Agent 476

Real Estate Agent Real Estate Buyers Agents 476

Housing Wire

SEPTEMBER 9, 2020

” With the suburbs seeing record volume , agents and brokers like Harrison, who runs Compass’ operations in Westchester alongside her husband Zach, are counseling their clients on how to prevail in a fierce bidding war. Vickie Mox, an agent with RE/MAX Dallas Suburbs , covers the Collin County area, north of Dallas.

Agents 501

Agents Marketing Clients Buyers 501

Housing Wire

MARCH 10, 2025

That is, theyre no longer listed for sale and theyre not in contract. When a home gets listed for sale in March, the seller and the listing agent use all the information about possible buyers and traffic to price that as most likely to sell. There are slightly more sellers each week now. Something to watch.

Inventory 418

Inventory New Listings Housing Market Sellers 418

Housing Wire

APRIL 30, 2024

Under the terms of the settlement agreement , agents will have to have a written agreement with a client in order to work with them as a buyer’s agent. Under these circumstances, the agent or MLS participant would not need a written agreement with the buyer.

Buyers 488

Buyers Open Houses Sellers Agents 488

Housing Wire

MARCH 13, 2024

Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. Automated chatbots can help you field calls, texts, emails and website inquiries to qualify incoming leads and segment buyers and sellers by their areas of interest in your CRM — all before you even pick up your phone to call or text those prospects.

Real Estate Agent 448

Real Estate Agent Real Estate Tools Agents 448

Housing Wire

FEBRUARY 14, 2024

I’ll show you what it takes to succeed as a luxury real estate agent in any market. How do you convince the sellers of $15 million homes to work with you? Visit Coffee & Contracts 2. Visit Agent Image 3. Don’t try to do everything or be everything to everyone!

Real Estate Agent 448

Real Estate Agent Real Estate Agents Luxury Properties 448

Housing Wire

AUGUST 1, 2024

Under the terms of the settlement, agents will no longer be allowed to share their seller’s offers of buyer broker compensation on an MLS. For Lamacchia, it is essential that his agents and brokers are able to clearly explain and communicate about the forms they are asking clients to sign. I feel really well supported.”

Real Estate Agent 448

Real Estate Agent Real Estate Agents Business 448