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Home staging is your chance to transform a property into a home that buyers cant wait to get their hands on. Buyers want to be able to see how a home will work for them. The best home staging tips help you create a welcoming environment that will make buyers feel right at home. Why is home staging important?
Editor’s note: This is the third in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. 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.
Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions.
In this article, we’ve gathered 30 real estate text message scripts designed to help you connect with leads, nurture relationships, and get more deals to the closing table this coming year. Connect with seller leads Purpose: Build trust and start meaningful conversations with potential sellers. Can we discuss your goals?
Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. Buyers are picky and they don’t want to pay a dollar more than they need to,” the report said. According to the brokerage, 6.5% the month prior.
The market action index is 37, indicating that there is a slight seller’s advantage. Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer. 32% of buyers are first-time buyers, and 75% of those first-time homebuyers are aged 25 to 33.
This article was reposted with permission from Ramsey Solutions. The article originally appeared on the Ramsey Solutions Articles page. See original article here. But 510% is okay, too, if youre a first-time home buyer. 7 Overall, buyer demand has stayed steady over the last two years. Is It a Buyers Market?
The National Association of Realtors (NAR) proposed settlement of litigation, recently given preliminary approval by the Court, has raised questions about whether buyers with limited resources, especially first-time home buyers , can afford closing costs. In a seller’s market, that may well occur.
The Urban Institute (UI) says it appears that the current sellers’ market is having a negative impact on government backed loans and the borrowers who need to use them. The post Sellers Are Rejecting FHA/VA Backed Offers; Buyers Passing Instead of Compromising appeared first on Appraisal Buzz.
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. You just learned the basics of handling seller concessions!
Under each key heading, the checklist goes into great detail to uncover potential issues that could devalue the business, expose a buyer to liability, or even jeopardize the transaction. A buyer wants the right to use those names and marks with superior title from the rest of the world. Is the seller subject to a probationary review?
While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Your listing description allows you, as the listing agent, to showcase the property’s best features in a way that reaches potential buyers on a deeper level.
In this article, you’ll find nine tried-and-true ways to start and grow your real estate referral business. A referral estate referral occurs when a licensed agent or broker passes along a prospective buyer or seller to another licensed agent to handle a transaction. Inevitably, their answer will be “my past clients and sphere.”
Now Sandoval, who was featured earlier this year in a Wall Street Journal article , is the one knocking on the doors of homeowners facing foreclosure or other distressed circumstances. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan.
Editor’s note: This is the fifth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. Lamacchia Realty is using its own buyer representation agreements , and I found the form straightforward and easy to understand. I could have increased my offers.
Image generated by AI in Midjourney) Editor’s note: This is the fourth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. Listing agents are only advertising their seller’s offer of buyer broker compensation if the seller instructs them to do so.
After 29 years and thousands of listing presentations, I have found that sellers, more than ever, want an agent who has solid negotiation chops and who is willing to use them on their behalf. In most cases, a buyer wants to get a fair deal on a house that the seller wants to sell at a fair price. I calmly reply, I understand.
The email begins with excerpts from an Inman News article about CCP, which included quotes from commission lawsuit plaintiffs attorney Michael Ketchmark. That should be in the forefront of the minds of the men and women who are going to be voting either later this week or next on that policy, Ketchmark is quoted as saying in the article.
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?
You log in to check your email, and responses from potential buyers at yesterdays open house are already waiting. This open house sign-in app automates your follow-up by sending emails for you and highlighting your most engaged buyers. Your brand will look polished from the moment buyers walk into your open house.
Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines. So, where do you start?
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.
Editor’s note: This is the second in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. Due to this, many in the real estate industry feared that veterans would forego representation if there was no guarantee the seller would cover their buyer agency fees.
The rapid run-up in mortgage rates after years of low rates was a shock to buyers and a disincentive for prospective sellers to list their homes. Income did not keep pace with the run-ups in home prices or mortgage rates, shrinking the pool of prospective buyers who can meet this rule of thumb.
Related article The ultimate guide to real estate lead generation ideas for2025 12 real estate thank you note templates Read through each of the real estate thank you note templates below and copy them to save for later. Buyer after closing Dear (Buyer Name), It was a pleasure working with you! Youre the best!
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.
Lease-purchase arrangements are receiving renewed attention from legislators looking for ways to make homeownership more accessible, and theyre a great way to help buyers who cant qualify for a traditional mortgage or pony up the money needed for a down payment. But that doesnt mean there arent risks involved for potential purchasers.
After the National Association of Realtors settlement changed how commission is paid, there was some fear among agents that buyers and sellers might forgo their services in favor of handling the transaction themselves. However, some sellers had complaints. For the most part, that hasnt happened. That can take many forms.
This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. Once they gain control of the title, fraudsters will try selling the property to unsuspecting buyers, securing loans against it, or renting it out to someone.
When COVID-19 happened, some sellers were able to sit back and watch the market. It was just a matter of weeks before the buyers returned and sellers sold their homes, leading home sales to get to pre-cycle highs in 2020 and 2021. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.
Today, Forward Coaching focuses on teaching new agents how to negotiate with buyers and how to collaborate with sellers and listing agents on concessions. She believes that intermediate-level agents may not have strong negotiation skills as they have mainly relied on MLS listings to market properties to buyers.
And NAR data shows that 81% of sellers and most buyers only interview one real estate agent! The majority of buyers and sellers will become a lead months or even years before theyre ready to actually move. Visit Wise Pelican Related articles Real estate mailers: The ultimate guide for 2025 5.
Open houses remain one of the best ways to showcase a property and connect with potential buyers. In this article, we’ll take a look at why digital sign-in sheets matter and how savvy agents are using them to maximize their lead-generation strategies. A solid open house sign-in sheet strategy can turn your guests into serious leads.
If youre reading this article, youre not alone. These roles include: Buyers agents: These agents focus on helping clients purchase a new home. Sellers agents: Listing agents specialize in representing sellers. Its a big decision to make whether youre just starting or want to take your career to the next level.
This article is part of our 2022 – 2023 Housing Market Forecast series. These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . Cincinnati and Miami.
This article is part of our Housing 2022-23 forecast series. In the first few months of 2022, primary-residence buyers and second-home buyers (investors and vacation buyers) flocked to the market at a frenzied pace under the correct assumption that mortgage rates would rise.
The Boston 25 News article quotes a real estate attorney not connected with the firm, Richard Vetstein, a principal of Vetstein Law Group in Framingham, who speculated that the shutdown could be due to embezzlement of escrow funds. As the article notes, no one has been accused of a crime at this time.
Related article How to write a lead-winning, memorable real estate agent bio (+ examples) 2. According to one of LinkedIns own articles, video content receives five times more engagement than standard text posts and is 20 times more likely to be shared. That same article tells us that how-to posts perform 31.5%
In this article, well cover the definition of a pocket listing, the pros and cons for both agents and sellers, and how to transact off-market legally and ethically. While Im sure there are instances where this is unfortunately the case, there are legitimate reasons why selling off-market is in the sellers best interest.
This article is part of our 2023 Housing Market Forecast series. Since October of 2022, the share of buyers who are purchasing their home without a mortgage has been more than one quarter of the market. In the months before the COVID-19 pandemic, the share of all-cash buyers hovered in the teens. Today, the average is 2.7
“In certain neighborhoods, such as Coconut Grove and Coral Gables, we’re at 25-year lows in inventory, with buyer demand I’ve never experienced.”. There’s plenty of advice available to help buyers and sellers navigate the current housing market. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis.
Below, Esser answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? His articles are always my favorite. His recent article, “Purchase apps are at 2009 level: where’s the inventory?” However, it’s the sellers and buyers that we are working with whom really matter.
As a listing agent, showcasing your sellers properties in the absolute best light possible is a vital component of the service you provide them. It translates to getting more buyers through the door, more offers and more money in the sellers (and your) pockets. This was a decade ago, so prices were much more buyer-friendly.
Join Her Best Life Related articles How to set up your real estate agent Facebook page to get more leads 30 real estate social media post ideas (+ popular agents to follow) 11 real estate social media marketing strategies that actually work 13. Use these groups to find homes for picky buyers or find deals for your investor clients.
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