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 481

Buyers Agents Real Estate Agent Loan Officers 481

Housing Wire

OCTOBER 31, 2024

Real estate agent commissions have held steady since August, but there’s a divergence at different price points. The data is derived from sales by Redfin agents who have closed a transaction in October or are scheduled to by the end of the month. Redfin agents say the biggest difference since Aug.

Real Estate Agent 375

Real Estate Agent Real Estate Agents Brokerage 375

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. In addition, according to the NAR 2021 Profile of Home Buyers and Sellers report , 87% of buyers who recently purchased homes did so through a real estate agent or broker, up from 69% in 2001. Real estate agents are busier than ever.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

NOVEMBER 7, 2024

Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators. Now, soaring premiums demand more careful review and sticker shock is prompting buyers to walk away from deals, especially in states like Florida and Texas.

Insurance 482

Insurance Supply Chain Real Estate Design 482

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 459

Real Estate Agent Real Estate Agents Clients 459

Housing Wire

MARCH 14, 2025

Visit Altos Research Sources: Altos Research Buyer statistics Part of being a great buyers agent is getting inside the mind of a buyer. You can do just that by reviewing real estate statistics that quantify the behaviors, decisions and trends of the mass buyer population.

Real Estate 332

Real Estate Marketing Real Estate Agent Sellers 332

Housing Wire

DECEMBER 10, 2024

The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. Its unpredictable, said Teena Jackson, a Redfin agent in Cincinnati. Altos considers anything above 30 to be indicative of a seller’s market.

Housing Market 370

Housing Market Marketing New Listings Sellers 370

Appraisal Buzz

FEBRUARY 4, 2025

While the term may sound scaryand is most definitely illegala new survey from CertifID showed how many first-time homeowners are at-risk or more likely to be victims of real estate wire fraud. Consumerscannot rely on a homebuyer or seller coming across a news story or report regarding real estate fraud.

Real Estate 363

Real Estate Real Estate Agent Sellers Agents 363

Housing Wire

FEBRUARY 12, 2025

Ill share my strategies and templates so youll be ready to write amazing thank you notes to your clients and stand out among the real estate agents in your area. Once you have several handwritten real estate letter templates to work off of, you can change them to include your own tone and style.

Real Estate 335

Real Estate Clients Real Estate Agent Open Houses 335

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

FEBRUARY 24, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. But we also must acknowledge that the core definition of any stimulus is to implement something that causes an immediate, short-term response. VL: So many areas could benefit by embracing digitalization.

Real Estate Agent 364

Real Estate Agent Real Estate Agents Loan Officers 364

Housing Wire

MARCH 2, 2023

The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said. But in 2020 through 2022, buyers came out quickly after the new year and inventory didn’t hit bottom until much later in the spring.”

Real Estate Agent 418

Real Estate Agent Inventory Real Estate Agents 418

Housing Wire

JUNE 10, 2021

While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Here are four potentially unexpected costs you should be aware of: More for Real Estate Enthusiasts. To attract potential buyers, sellers have to make sure their home is aesthetically pleasing.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

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 459

Clients Agents Buyers Sellers 459

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 488

Real Estate Agent Loan Officers Real Estate Agents 488

Housing Wire

JANUARY 13, 2023

Going from a volatile rate environment in the latter half of 2022 to a market with lower, more stabilized rates, there’s optimism spreading across the industry that buyers will come back. Ben Cohen: I’ve definitely seen an increase in inbound calls from people wanting to get pre-approved to buy a home. After originating $1.66

Buyers 418

Buyers Housing Market Marketing Real Estate Agent 418

Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a real estate professional with MLS access In non-disclosure states, the role of real estate agents becomes even more crucial.

Real Estate Agent 487

Real Estate Agent Real Estate Inspection Valuation 487

Housing Wire

OCTOBER 23, 2020

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Koch said that since this summer — typically the home-buying off-season — was busy for buyers, he thinks it will only get crazier. “We

Housing Market 537

Housing Market Marketing Real Estate Agent Real Estate 537

Housing Wire

SEPTEMBER 5, 2023

Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same. Do you specialize in helping first-time buyers and sellers, or are you leaning towards working with real estate investors ? Here are 11 tips to make these workshops more effective.

Real Estate 448

Real Estate Sellers Buyers Clients 448

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. SW: Why did you want to develop this platform?

Real Estate Agent 448

Real Estate Agent Real Estate Sellers Technology 448

Housing Wire

NOVEMBER 14, 2023

The lawsuit accuses its 29 defendants of colluding to artificially inflate real estate agent commissions. In the absence of NAR’s Mandatory Offer of Compensation Rule, the expense of buyer broker commissions would be incurred by the clients (homebuyers),” the filing states. “In 13, 2019, to the present.

Real Estate 435

Real Estate Realtors Realty Real Estate Agent 435

Appraisal Buzz

OCTOBER 4, 2024

It might go without saying that a junk-cluttered yard does a home seller no favors—in fact, six in 10 real estate agents estimate that an unkempt front yard decreases a property’s value by 20% or more. Outside, yards filled with trash, junk cars, and overgrown landscaping are instant turn-offs for buyers,” Beloian said.

Home Value 397

Home Value Real Estate Agent Sellers Real Estate 397

Housing Wire

AUGUST 29, 2024

I took on that segment with an SRES-designated real estate agent. Prior to my presentation, she spoke about the buyer demographic. My pipeline right now is probably about 75% purchase, so I have created amazing relationships with real estate agents out here in the Phoenix metro market.

Finance 447

Finance Mortgage Real Estate Agent Insurance 447

Housing Wire

AUGUST 8, 2024

Now they will have to come up with payment for real estate agent services, but that may be challenging for some who are already challenged in terms of coming up with enough down payment,” Hepp said of first-time buyers. “So, So, say it gets rolled into their mortgage or they have to get another loan to pay it off. “So,

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

NOVEMBER 18, 2020

Real estate agents across the country have made it clear – low inventory and low mortgage rates have kept them busy throughout the pandemic, especially in typical vacation destinations. But the rising costs aren’t deterring buyers from the Hawaii housing market, with many buying sight-unseen. “I

Housing Market 488

Housing Market Marketing Real Estate Agent Inventory 488

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. There are numerous methods an agent can use to prospect, some traditional and others that leverage technology. Here are some different methods that real estate agents use to prospect for leads.

Real Estate 476

Real Estate Tools Real Estate Agent Open Houses 476

Housing Wire

JANUARY 2, 2024

Filed last Wednesday in the Western District of Missouri, the Umpa suit, named after its lead and only plaintiff Daniel Umpa, accuses the real estate industry of allegedly colluding to artificially inflate real estate agent commissions. The lawsuit is seeking class action status for everyone in the U.S.

Sellers 448

Sellers Brokerage Real Estate Realtors 448

Housing Wire

JUNE 20, 2024

Interest rates are a major headache for real estate agents across Illinois. On the sell side, agents say that low mortgage rates from a purchase or refinance transaction in late 2020 or early 2021 are keeping many potential sellers in their home. “A I’m seeing that a lot right now, especially in the Chicago suburbs.

Housing Market 448

Housing Market Agents Marketing Inventory 448

Housing Wire

JULY 21, 2021

Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents. The transaction often brings about a festive atmosphere for the buyers, who are looking forward to spending the rest of their days with a wide range of other seniors. But the resale market works the same.”

Real Estate Agent 418

Real Estate Agent Real Estate Realty Agents 418

Housing Wire

NOVEMBER 9, 2023

We’ve definitely seen a movement in the last few years to be more ‘end-consumer friendly’ if you will — making sure that they are protected, not only in knowing their rights, but that they are protected from all the cost that is associated with the real estate transaction,” Braga said.

Legal 456

Legal Real Estate Real Estate Agent Law 456

Housing Wire

JULY 29, 2024

The market right now just feels like it’s a bit lukewarm,” said Brian Huskey , a Billings, Montana-based ERA American Real Estate agent. 2021 This slowdown has been a boon for buyers who are still in the market. Agents say the lower list prices have been a hard bill for sellers to swallow. from a high of 72.75

Housing Market 441

Housing Market Marketing Real Estate Agent Inventory 441

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. It was definitely a rush job! For purchase, we have one buyer who is struggling to get an offer accepted,” she said. “He That’s common these days.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Housing Wire

APRIL 22, 2024

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! You can use other agents’ listings here, but be careful not to imply that you’re the agent. Are you considering selling your property?

Real Estate 461

Real Estate Open Houses Brokerage Real Estate Agent 461

Housing Wire

NOVEMBER 29, 2023

“A lot of Nashville locals have been priced out of homeownership, but when you’re coming from somewhere like California or New York, housing prices here still seem reasonable,” Redfin Premier real estate agent Kristin Sanchez said in a statement.

Property Taxes 448

Property Taxes Real Estate Agent Insurance Housing Market 448

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. While some of Croan’s buyers are using new remote work flexibility to relocate to a more desirable location, a lot of his buyers are in the market for vacation homes. Annapolis, Maryland.

Housing Market 418

Housing Market Marketing Buyers Agents 418

Housing Wire

NOVEMBER 2, 2023

Real estate agents are always looking for vetted, high-quality leads — and especially so during 2023 market conditions. These providers offer a rapid and cost-effective means for real estate agents to gather a list of potential clients and ultimately boost sales.

Real Estate 458

Real Estate Real Estate Agent Tools Agents 458

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Real Estate 434

Real Estate Agents Real Estate Agent Decorating 434