Housing Wire

JANUARY 21, 2025

Skillful negotiations can not only help you build a more sustainable career they can also help you earn higher compensation, get more listings, and achieve more satisfying outcomes for your clients. Know your client’s desired outcome Sometimes, you may need to lose a battle to win the war.

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Real Estate Clients Sellers Agents 370

Housing Wire

APRIL 13, 2021

“If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap. Either way, it puts the squeeze on property valuation.

Housing Market 535

Housing Market Buyers Marketing Real Estate Agent 535

Housing Wire

JULY 10, 2024

“Anything under $300,000 or $350,000 has really good activity, but above that, I think interest rates have really affected buyers in those price ranges,” said Eddie Campos, the president of Northwest Ohio Realtors and an associate at RE/MAX Preferred Associates. “I 1 challenge for his buyers is the current inventory situation.

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Inventory Buyers Agents Inspection 434

Housing Wire

MAY 14, 2024

“Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Nationwide, the share of buyers who are first-time buyers has risen in recent months. Nationwide, the share of buyers who are first-time buyers has risen in recent months.

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Buyers Inventory Landlords Real Estate 448

Housing Wire

APRIL 25, 2024

Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I

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Buyers Marketing Inventory Investors 459

Housing Wire

MARCH 8, 2024

“At the height of the pandemic there were bidding wars and all that, but it didn’t seem impossible, but now it seems impossible to get our buyers into homes,” said Heather Corrigan , a RE/MAX Signature Homes agent based in Closter, a borough that is 24 miles north of Manhattan and renown for its schools. as of March 6, 2024. “We

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

JULY 22, 2024

I also include tips and tricks to help you find your first clients faster than most new agents. First, look at your calendar and determine how much time you’ll have to dedicate to finding and serving clients. Related articles How to create a foolproof real estate marketing plan for 2024 (+ template) Step 5: Go find clients!

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Real Estate Agent Real Estate Clients Agents 448

Housing Wire

SEPTEMBER 19, 2023

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? Appraisals make for realistic pricing You may want to encourage clients who are selling their homes to get an appraisal before they list their home.

Real Estate 476

Real Estate Appraisal Agents Inspection 476

Appraisal Buzz

SEPTEMBER 9, 2024

The analysis centers on in-depth interviews conducted nationwide with numerous Redfin agents regarding the reactions of sellers and buyers to the changes. The average buyer’s agent commission, according to a Redfin report from July, was 2.55%, a little less than it was prior to the settlement’s announcement. I showed a $4.75

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Sellers Buyers Agents Advertising 397

Housing Wire

MARCH 22, 2021

Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. “All-cash buyers used to be able to go in a little below list price, but now I’m seeing a lot of cash offers that are at list price or higher. .

Inspection 545

Inspection Inventory Buyers Sellers 545

Housing Wire

MAY 3, 2024

As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. Serious buyers showed discernment as they know inventory is growing. Difficult inspections have been on the rise over the last few months. With only 1.3

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Inventory Inspection Lending Real Estate 452

Housing Wire

SEPTEMBER 9, 2020

In the ultra-competitive Westchester market, the odds were stacked against Heather Harrison and her client. “The client went to highest and best on Monday at 5 p.m., and I counseled my client to bid accordingly, waive his mortgage contingency, then we bid $1.45 Time waits for no buyer in the suburbs.

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Agents Marketing Clients Buyers 501

Housing Wire

MARCH 31, 2021

“I tell my clients, if you want a house, you’ve got to go in with an offer immediately and you’ve got to make it strong. ’ And if I don’t find a buyer immediately when I list a property, I’m getting plenty of people making offers without even looking at the price or even doing an inspection.”

Buyers 418

Buyers Investors Realtors Agents 418

Housing Wire

JUNE 22, 2021

Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions: Pricing. Redfin also reported this month that seven in 10 buyers — 70.4% — faced bidding wars in May. If you’re an FHA or VA buyer, you don’t stand a chance. So, what does this mean for buyers? Lack of inventory.

Housing Market 476

Housing Market Real Estate Agent Marketing Inventory 476

Housing Wire

AUGUST 21, 2024

How can you do a better job as you are handing off clients and customers to them? The owner of the company said to me, “Well, you know, Debbie, when it comes time to do the termite inspection, you get in the way. You call the client, then you call me to arrange it. I do the inspection. I will arrange the inspection.

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Inspection Training Clients Real Estate Agent 447

Housing Wire

FEBRUARY 21, 2024

Curbio , a provider of pre-sale home improvement services that requires payment at closing, will provide its “Build Your Own Estimate” mobile app to NAR members, which offers free repair estimates for home inspections upon the upload of a PDF document. Founded in 2017, Curbio is based in Potomac, Md.

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Home Improvement Realtors Real Estate Agent Inspection 435

Housing Wire

OCTOBER 10, 2024

Many of my coaching clients are eager for knowledge but often seek it in areas of personal interest rather than in areas where they most need to learn and improve. For example, suppose you are focused on the higher interest rates and reasons why buyers can’t buy today. Now, the buyer wanted the agent to pay for the repairs.

Real Estate 448

Real Estate Real Estate Agent Agents Clients 448

Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It can also help agents clearly communicate their unique value and services to homebuyers, sellers and others.

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Real Estate Agent Real Estate Brokerage Sellers 465

Housing Wire

APRIL 2, 2024

Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash while the buyer can rent the new home while working on selling the old home or securing financing on the new one. There are a lot more as-is offers being made out there than I would ever see before.

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Loan Officers Retail Finance Buyers 448

Housing Wire

OCTOBER 10, 2023

Many sellers have returned to offering concessions and dropping prices to entice buyers. Being able to provide data-driven home improvement recommendations can help agents build credibility with potential clients, sell homes faster and for more money, and ultimately win more listings.

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Home Improvement Real Estate Agent Sellers Real Estate 482

Housing Wire

AUGUST 22, 2024

Although the process for communicating and dispersing buyer agent compensation has shifted, the industry adapted calmly within a couple of weeks. Instead, it stems from the need to formally consult and contract with potential buyers before opening any doors. I’ve had a front-row seat to these changes.

Real Estate 476

Real Estate Realtors Contracts Agents 476

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 448

Agents Sellers Buyers Realtors 448

Appraisal Buzz

JUNE 11, 2024

Department of Veterans Affairs (VA) has announced in Circular 26-24-14 that eligible veterans, active-duty servicemembers, and surviving spouses who use VA-guaranteed home loan benefits can pay for certain real estate buyer-broker fees when purchasing a home. Nine out of 10 consumers use the service of a real estate professional.

Realtors 418

Realtors Real Estate Buyers Sellers 418

Housing Wire

DECEMBER 24, 2020

Porch, a home services marketplace with partners in insurance, utilities, home inspection and moving, plans to use the cash to pursue acquisitions to seize the opportunity in real estate. “Being a public company with with a very strong balance sheet allows us to be able to go and pursue those more quickly.”

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Inspection Insurance Finance Valuation 455

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. One way to understand the competitiveness of the market is to look at buyers who are waiving contingencies. All cash buyers now stand at 24%.

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Realtors Housing Market Marketing Buyers 418

Housing Wire

JUNE 21, 2021

But broker Renee Humme, with Prime Mountain Properties , said the lower property taxes, mountains and surrounding scenery, and low cost of living are the main draws for most of her clients. “Most of my clients are from out of state wanting to own second homes or investment properties here,” she said.

Housing Market 459

Housing Market Marketing Realtors Inventory 459

Housing Wire

OCTOBER 26, 2020

Through a combination of deep knowledge, driven by a proprietary integrated technology platform and data-driven insights, Xome is able to anticipate the needs of its clients and more efficiently manage processes. This is a huge value for our clients when it is crunch time.”.

Clients 397

Clients Valuation Technology Inspection 397

Housing Wire

OCTOBER 10, 2023

Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike. Here are the steps you should take to develop your CMA report Step 1.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

JANUARY 10, 2022

HousingWire recently spoke with Tom Kriby, Vice President of Client Development and Partnerships at Westwood Insurance, about how insurance issues can hold up a home closing and how lenders can integrate insurance into their process to help their homebuyers avoid delays. HW: How can lenders help homebuyers avoid closing delays?

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Insurance Inspection Technology Clients 511

Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1.

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Inspection Sellers Real Estate Agent Buyers 148

Housing Wire

JULY 22, 2024

Back then, we never thought about the property inspection. We didn’t understand anything other than dual agency and we didn’t have inspections for things like radon gas or uranium in the soil. Today, they are dozens of pages long. Now, agents are responsible for so much. In the future, that information might come from AI, though.

Real Estate 458

Real Estate Real Estate Agent Technology Agents 458

Housing Wire

OCTOBER 1, 2020

“Clients don’t think of buying a home as multiple things, they don’t think, ‘Well I’ve got to get a mortgage, I’ve got to get title, I’ve got to get an appraisal, I’ve got to find a real estate agent, I’ve got to get an inspection,'” said Farner.

Advertising 459

Advertising Real Estate Agent Mortgage Real Estate 459

Housing Wire

JULY 15, 2021

Through a close friend, Davis was introduced to HomeFree-USA, a nonprofit organization whose mission is to help prospective buyers reach homeownership. Throughout the process, Davis faced common issues, such as being outbid on a property and encountering unexpected defects in homes she toured that wouldn’t have passed inspection.

Clients 418

Clients Development Lending Inspection 418

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer!

Real Estate 466

Real Estate Open Houses Brokerage Real Estate Agent 466

Housing Wire

SEPTEMBER 19, 2024

Unfortunately, for prospective home buyers who encounter selective home sellers (whether their stance is grounded in fact or fiction), the different programs available that help to make homeownership (and renting) more affordable become nothing more than a locked glass door.

Legal 435

Legal Sellers Real Estate Inspection 435

Housing Wire

APRIL 11, 2023

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They manage and oversee the entire process from the time a seller accepts an offer to the time the buyer takes possession of the property. So why are title and escrow so important?

Real Estate 397

Real Estate Legal Sellers Technology 397

Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

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Business Marketing Real Estate Legal 435