Housing Wire

MARCH 13, 2024

In a world enamored with all things digital and AI , one would think that real estate agents don’t serve any purpose, but it’s totally untrue. Moreover, the concept remains a central theme of some arguments contained in the plethora of lawsuits that are now carpet bombing the real estate industry.

Real Estate Agent 463

Real Estate Agent Real Estate Agents Sellers 463

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 381

Real Estate Agent Real Estate Agents Clients 381

Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? So how is the uniformity and permanence of buyer agents’ 2-3% rate possible in a free market? billion in Missouri alone.

Clients 446

Clients Agents Buyers Sellers 446

Housing Wire

SEPTEMBER 26, 2024

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 real estate technology firm Clever Real Estate.

Real Estate Agent 431

Real Estate Agent Real Estate Agents Buyers 431

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

DECEMBER 27, 2023

In the nearly two months since a Missouri jury found the real estate industry liable for colluding to artificially inflate real estate agent commissions, Jason Posnick has fielded a lot of questions about commissions and cooperative compensation from clients. It has been cool to hear that.

Real Estate Agent 445

Real Estate Agent Real Estate Agents Clients 445

Housing Wire

OCTOBER 10, 2023

Many sellers have returned to offering concessions and dropping prices to entice buyers. The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. We’ve all witnessed the housing market slowdown that has occurred over the last year.

Home Improvement 467

Home Improvement Real Estate Agent Sellers Real Estate 467

Housing Wire

AUGUST 28, 2024

While some in the real estate industry are expecting to see a decline in the number of buyer’s agents 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 real estate agent.

Real Estate Agent 442

Real Estate Agent Real Estate Agents Modernization 442

Housing Wire

AUGUST 24, 2024

While they may not be as trendy as they once were, a well-crafted real estate agent 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!)

Real Estate Agent 362

Real Estate Agent Real Estate Agents Advertising 362

Housing Wire

JULY 9, 2024

In my circle, I hear this often about real estate agents as well (“They hardly do anything and get 6%!”). In a later article, I will devote pages and vent my spleen at those who thus insult teachers and farmers, but here I will do so in favor of the much maligned real estate agent. Is this fair?

Real Estate Agent 368

Real Estate Agent Real Estate Agents Training 368

Housing Wire

NOVEMBER 1, 2024

To answer that, we’ll take a deep dive into the differences between the many types of real estate professionals, including a real estate agent and a real estate broker. Summary What is a real estate agent? What does a real estate agent do? Let’s dive in!

Real Estate 440

Real Estate Real Estate Agent Agents Brokerage 440

Housing Wire

OCTOBER 30, 2024

AgentCoach.AI , an AI-powered real estate coaching company, is launching a new training platform for real estate agents. The new platform will leverage specialized training bots to help agents prepare for business. The negotiation training bot helps clients control deals with better communication.

Real Estate Agent 267

Real Estate Agent Training Real Estate Agents 267

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 513

Buyers Agents Mortgage Real Estate Agent 513

Housing Wire

OCTOBER 3, 2023

HousingWire recently spoke with Ashley Terrell, chief revenue officer at Milestones , about the value of real estate agents and why it is critical for the industry to start helping buyers’ agents justify their value not only during the 30-60 day transaction period but through the 7-10 year period of homeownership.

Agents 385

Agents Buyers Real Estate Agent Real Estate 385

Housing Wire

JANUARY 25, 2024

To help, we put together this guide to walk you through our nine-step system to recruit, nurture, and retain producing agents in 2024. They are far more common than listing agents or top-producing buyer’s agents, but will still bring in consistent revenue.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Brokerage 389

Housing Wire

JANUARY 29, 2024

Referral business is crucial to your bottom line as an agent. Imagine if you could bottle the enthusiasm your clients have for working with you and use it to capture new business in 2024. That’s where real estate testimonials come into play. If you find success through Zillow, then that should be your primary focus.

Real Estate 402

Real Estate Clients Real Estate Agent Agents 402

Housing Wire

FEBRUARY 27, 2024

At the 2024 Keller Williams Family Reunion event in Las Vegas, co-founder and executive chairman Gary Keller took the stage on Tuesday and spoke to a room full of real estate agents about the importance of buyer agency agreements within the context of the ongoing antitrust lawsuits.

Buyers 416

Buyers Agents Real Estate Agent Clients 416

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Regularly update content, share valuable insights about the local market, and interact with potential clients.

Real Estate Agent 367

Real Estate Agent Real Estate Agents Clients 367

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 397

Buyers Agents Real Estate Agent Loan Officers 397

Housing Wire

FEBRUARY 13, 2024

Don’t look at the names in your past client and sphere list and assume they would not do something. A question I love to ask potential sellers is “By when would you like your home sold to the right buyer?” Call other agents that you have a relationship with that may not want to or can’t hold their own open houses.

Real Estate Agent 390

Real Estate Agent Real Estate Agents Open Houses 390

Housing Wire

AUGUST 2, 2024

home seller pays a 2.55% commission to the real estate agent 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.

Agents 424

Agents Buyers Real Estate Agent Sellers 424

Housing Wire

AUGUST 22, 2024

“As part of their low-cost selling strategy, sellers using Homie would commonly make an offer of compensation to buyer-brokers that was somewhat below the buyer agent compensation (BAC) offered by sellers represented by traditional brokers, including the Corporate Defendants.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

Real Estate Agent 383

Real Estate Agent Real Estate Agents Brokerage 383

Housing Wire

JULY 26, 2024

Secure payment provider Payload is launching a new payment and billing tool specifically geared to buyer agents , according to an announcement on Thursday. Payload has designed a tool to help agents bill their buyer clients.

Tools 453

Tools Buyers Agents Contracts 453

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. They will also have to obtain a signed buyer representation agreement prior to a buyer’s first home tour. And the agents are scared,” Lamacchia said.

Real Estate Agent 389

Real Estate Agent Real Estate Agents Business 389

Housing Wire

NOVEMBER 23, 2022

The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. It gives the buyer and seller the feeling of beating the mutual enemy, ‘the market,’ and gaming the system.”.

Buyers 489

Buyers Marketing Sellers Loan Officers 489

Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. The study shows that there’s considerable homogeneity in the price outcomes of real estate agents.

Agents 462

Agents Real Estate Agent Real Estate Sellers 462

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life.

Real Estate 377

Real Estate Buyers Tools Real Estate Agent 377

Housing Wire

SEPTEMBER 10, 2024

iNCOM’s websites are perfect for budget-conscious agents who want more advanced CRM and lead generation features than comparably-priced sites from rivals like Placester. The Vetted by HousingWire editorial team of licensed agents and experienced real estate brokerage and product marketers crawled the web so you don’t have to.

Real Estate Agent 353

Real Estate Agent Real Estate Brokerage Agents 353

Housing Wire

SEPTEMBER 18, 2024

Real estate referral fees are also a fantastic way for experienced and busy agents to get a nice paycheck without doing much work. According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. What is a real estate referral fee?

Real Estate 403

Real Estate Real Estate Agent Agents Brokerage 403

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At as of March 6, 2024. “We There is nothing to show.”

Housing Market 411

Housing Market Buyers Agents Marketing 411

Housing Wire

NOVEMBER 14, 2023

Here are 14 real estate trends Gen Z buyers won’t pass up. Gen Z likes to stay close to home With the continued trend of remote work and little desire for a long commute, Gen Z buyers are moving to homes in walkable communities with nearby amenities. Gen Z values diversity and inclusivity.

Real Estate 450

Real Estate Buyers Renovations Open Houses 450

Housing Wire

MAY 14, 2024

Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated. “We More than 80% of recent buyers asked for at least one seller concession.

Real Estate Agent 478

Real Estate Agent Agents Real Estate Buyers 478

Housing Wire

FEBRUARY 28, 2024

Top 10 mortgage lender and servicer Newrez is partnering with Newzip , a tech-enabled real estate platform, to roll out a program aimed to save buyers and sellers on credit costs. Dubbed Newrez Home Rewards, buyers will be matched with a real estate agent who works with Newzip and provided booking services.

Real Estate Agent 392

Real Estate Agent Real Estate Loan Officers Agents 392

Housing Wire

FEBRUARY 21, 2024

Keller Williams Realty has partnered exclusively with the online learning platform Coursera to offer a comprehensive introduction to the business of real estate. Dubbed the KW Real Estate Agent Professional certificate, the program will give participants a head start in the real estate industry.

Real Estate 429

Real Estate Real Estate Agent Realty Clients 429

Housing Wire

FEBRUARY 23, 2024

Real estate professionals handle a plethora of personal data from buyers and sellers, making them enticing targets for cyber threats. Real estate agents, in particular, deal with extensive personal details during transactions, ranging from financial records to identification documents.

Real Estate 431

Real Estate Real Estate Agent Training Tools 431

Housing Wire

DECEMBER 5, 2024

Eric Simon, the genius behind this account, takes all those cringe-worthy, laugh-out-loud moments every agent experiences and turns them into pure comedy gold. From client quirks to open-house mishaps, his posts are so relatable that youll swear hes been shadowing your day-to-day.

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397