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Its important to communicate to your sellers the value of home staging for real estate by taking out the personalization of the home while keeping the home’s personality and what makes it unique. Pro Tip If theres a pool or outdoor water feature, be sure the seller turns it on during showings.
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. Let’s dive in!
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?
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. And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.”
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.
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!
The market action index is 37, indicating that there is a slight seller’s advantage. 89% of sellers used an agent to sell their home. 70% of sellers are repeat sellers, 30% are first-time sellers. 70% of sellers are repeat sellers, 30% are first-time sellers.
This article was reposted with permission from Ramsey Solutions. The article originally appeared on the Ramsey Solutions Articles page. See original article here. When fewer houses are available, buyers are willing to pay more, and sellers have more leverage to up their asking price. Is It a Sellers Market?
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. Available inventory of home for sale is ticking up Hence, homebuyers are encouraged to negotiate with sellers, who seem willing to make concessions.
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.
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.
List all the best features of the home We start formulating the property description during our first meeting with a seller, taking notes about the unique features/improvements, and asking the seller what they love about the property. While this includes the basics like bedrooms, bathrooms, outdoor space etc., Example: 0.25
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.”
This article is not intended to be an all-encompassing review of due diligence, but is meant to address some key M&A diligence areas and keep the topic top-of-mind. Is the seller subject to a probationary review? Also, have any employees been promised future equity in the seller? This is a potential minefield.
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.
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.
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. In what I found to be a pleasant surprise, the sellers of the two homes I put offers in on were offering buyer broker compensation. I could have increased my offers.
It also provides you with visitor notes and a hot leads report after your open house so you can update the seller and begin working with the most interested leads. While it isnt free like some of the other apps, its ability to generate leads makes it well worth the price tag.
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. Seller right after a listing appointment Dear (Seller Name), It was so nice meeting you today!
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%
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.
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. Real estate nurturing done easy!
This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. In 2024, the American Land Title Association (ALTA) highlighted the persistent challenge of seller impersonation fraud (SIF) within the real estate industry.
Related article 14 powerful tips to master networking as an introvert in real estate Invest in coaching on Day 1 One of the biggest mistakes new agents make is thinking they can succeed on their own. Getting told no repeatedly (sometimes with acrimony) gives you a golden opportunity to reassess your systems and get better.
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. Become a member today.
At the time of issuing its second CID, the DOJ stated that it believed that the policy restricts home-seller choices and precludes competition from new listing services. Miller believes that agents who push sellers to use private listing networks are not doing their fiduciary duty.
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?
If youre reading this article, youre not alone. Sellers agents: Listing agents specialize in representing sellers. Teams that use Ylopo can give their agents a serious edge when it comes to reaching more buyers and sellers and turning leads into deals. They handle property searches, showings, and contract negotiations.
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. Helping the seller understand the true market value of the home given the condition can also be a challenge. I give them everything.
While the settlement does not address this issue directly, the Department of Justice (DOJ) Statement in the Nosalek lawsuit does: Buyers would have the ability to request in their purchase offer that the sellers pay a specified amount to the buyer broker from the proceeds of the home sale. In a seller’s market, that may well occur.
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.
This “technique” is a script Dalton claimed to use in response to a seller asking him to cut his commission. Ray said Ketchmark’s actions, which also included bringing before the jury an Inman article about NAR’s decision to deem $0 commission offers as acceptable , were making it “increasingly difficult for defendants to get a fair trial.”
We sat down with Mike and Joan Trice, Founder of Allterra Group, LLC, to discuss his latest article in Appraisal Buzz, “ Market Correction or Seller Panic? ”. What can appraisers learn when it comes to market correction and seller panic? The post Exposure Time, Market Correction, and Seller Time.
In this article, we’ll review Offrs’ suite of products designed to help agents laser-focus their marketing efforts on leads with the most potential and automate processes. It will help you identify sellers very early, giving you access to them before they’re talking to other agents. Want to learn more?
Under a lease-purchase arrangement, the property seller also acts as the landlord. The seller transfers the deed to the buyer once the buyer obtains a mortgage to purchase the home. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants. million U.S.
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 is assuming, of course, that the listing is priced appropriately.
How to prepare for a listing appointment Have a quick call with the sellers to ask them about their motivation, timeline, and price they have in mind. You can send everything electronically if they prefer, but I always like to have hard copies on hand just in case that’s easier for the sellers. Business cards.
This article is part of our 2022 – 2023 Housing Market Forecast series. Home sales bottoming out as sellers eventually capitulate on price. Assuming mortgage rates do not drop substantially in 2023, sellers will eventually need to capitulate on price to adjust to this new reality. Cincinnati and Miami.
Today, Forward Coaching focuses on teaching new agents how to negotiate with buyers and how to collaborate with sellers and listing agents on concessions. Velt mentions an article that urges appraisers to reach out directly to real estate agents and asks De Grote how she would handle such a call.
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.
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.
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. A recent example of the frothy market in South Florida: Schechter listed a house in Coconut Grove on a Friday at 7 a.m. for $895,000. By 10 a.m.,
NDP Analytics reported that in just one month in 2024, 19% of firms reported a seller impersonation fraud attempt. Because of this, we expect phishing to increase drastically in quality and quantity over the coming years, the researchers wrote in an article in the Harvard Business Review.
We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process. You might opt for a more upscale gift for your luxury home seller and choose something lasting for the first-time home buyer (Note: they may become a luxury client later in life!).
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