Housing Wire

NOVEMBER 8, 2024

With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Shallis, with over three decades of experience in the real estate industry has helped realtors, buyers, and sellers navigate all types of market conditions.

Realtors 370

Realtors Marketing Loan Officers Sellers 370

Housing Wire

DECEMBER 6, 2024

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. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

MARCH 5, 2025

Other concerns include potential buyers requesting excessive concessions (72%) and backing out of a deal before closing (70%). Economic uncertainty also plays a role in sellers’ hesitation, with 29% saying they would delay selling in the event of a major downturn.

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Property Taxes Housing Market Real Estate Agent Real Estate 492

Housing Wire

DECEMBER 10, 2024

Its a symptom of a market thats transitioning away from sellers. Relatively more homes for sale are giving buyers more leverage, as evidenced by Altos Researchs Market Action Index score falling from 55 in May to 45 today. Altos considers anything above 30 to be indicative of a seller’s market.

Housing Market 370

Housing Market Marketing New Listings Sellers 370

Housing Wire

AUGUST 14, 2024

If homes are priced appropriately and marketed well, buyers will make offers. The buyer] got a deal,” Weinstein said of the $600,000 purchase price. This gave sellers the upper hand, but the market has turned in recent months. This has taken power away from sellers, who now face a shortage of potential buyers.

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Buyers Housing Market Marketing Sellers 468

Housing Wire

NOVEMBER 5, 2024

The COVID-19 pandemic impacted the housing market like no event since the 2008 financial crisis, but some of the trends induced by the pandemic are starting to reverse. That’s evident in the annual profile of home buyers and sellers from the National Association of Realtors (NAR), which provides data on dozens of real estate trends.

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Realtors Housing Market Construction Real Estate 468

Housing Wire

FEBRUARY 12, 2025

Ive used thank you notes in my business for over a decade and even received referrals from people Ive met at networking events because they were so impressed by my immediate follow-up notes! Buyer after closing Dear (Buyer Name), It was a pleasure working with you! Thank you and your team for organizing such a great event.

Real Estate 359

Real Estate Clients Real Estate Agent Open Houses 359

Housing Wire

DECEMBER 9, 2024

Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. more sellers than the same week a year ago.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Appraisal Buzz

DECEMBER 11, 2024

Additionally, the study indicates that since baby boomers intend to remain in their current homes, 2025 sellers will probably be younger. Almost one-third (32.2%) of those potential sellers have been in their house for fewer than five years. Of those surveyed, 26.8% of homeowners between the ages of 30 and 39 and 28.0% Only 10.1%

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Sellers Buyers Mortgage Housing Market 370

Housing Wire

FEBRUARY 4, 2025

It also provides market analyses, a calendar of upcoming events and a list of taks to complete tasks. For buyers, the platform has their preferences for a home and relevant listings, which include both Compass exclusives and those on the local MLS. Sellers have access to all offers.

Clients 413

Clients Brokerage Advertising Sellers 413

Housing Wire

OCTOBER 3, 2024

Conrad discusses best practices for transparent conversations between listing agents and sellers, the value of educating sellers on the new buyer agent compensation agreements , and ways to show your value as a professional agent. Velt chimes in and shares how important it is to be transparent with sellers.

Sellers 448

Sellers Agents Training Clients 448

Housing Wire

MARCH 19, 2025

Buyers and showings are the most time-consuming pieces of the business. While managing listings can be relatively straightforward, handling multiple buyers requires a significant amount of time and effort. For instance, an agent can easily manage 30 listings simultaneously, but having just five active buyers can be overwhelming.

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Realtors Marketing Real Estate Agents 335

Housing Wire

DECEMBER 2, 2020

Given recent events, they’re not sure about the future of their jobs, their children’s school arrangements, or their health, so making a big change like moving? A whopping 63% of sellers are also buyers, which poses yet another concern. The post Why are sellers sitting on the housing market sidelines?

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Housing Market Sellers Marketing Renovations 488

Housing Wire

OCTOBER 11, 2022

There’s a showdown at the housing market corral between homebuyers and sellers. When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event. million today.

Sellers 514

Sellers Inventory Housing Market New Listings 514

Housing Wire

MARCH 17, 2025

If a condo is on this list, its significantly harder for prospective buyers to get a mortgage, making it nearly impossible to sell. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. Some lenders and insurers have abandoned markets altogether.

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Insurance Design Tools Sellers 334

Housing Wire

OCTOBER 24, 2024

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. The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes.

Real Estate 433

Real Estate Real Estate Agent Agents Clients 433

Sacramento Appraisal Blog

JANUARY 14, 2025

Seeing more buyers and sellers able to participate is absolutely what we want to see. UPCOMING SPEAKING GIGS: 1/15/25 Mike & Joel free Zoom event (REGISTER FOR WEDNESDAY) 1/16/25 Sac Real Producers […] The post The 2024 housing market was better than 2023 first appeared on Sacramento Appraisal Blog.

Housing Market 336

Housing Market Marketing Sellers Appraisal 336

Housing Wire

NOVEMBER 21, 2024

Connect with seller leads Purpose: Build trust and start meaningful conversations with potential sellers. Script 1: Initial outreach to sellers Hi [Name], I noticed your home on [Street Name] and wanted to check if you’ve considered selling. I specialize in helping sellers like you find success. Can we discuss your goals?

Real Estate 370

Real Estate Real Estate Agent Sellers Clients 370

Housing Wire

OCTOBER 31, 2024

I’m looking forward to a little bit less eventful Halloween.” The business practice changes outlined in NAR’s settlement have been a massive positive for agents, according to Kelly, as it has become more important for them to talk with buyer clients at the start of the transaction process.

Real Estate 448

Real Estate Brokerage Agents Training 448

Housing Wire

JUNE 24, 2024

Bright MLS — one of the nation’s largest multiple listing services that covers six Mid-Atlantic states and the District of Columbia — recently polled buyer and seller agents on what their clients are thinking during their home searches, including thoughts on mortgage rate hikes that have plagued other markets. Another 23.5%

Buyers 418

Buyers Mortgage Clients Sellers 418

Housing Wire

FEBRUARY 10, 2025

When I first started in real estate , I thought my job was solely about helping buyers and sellers. Start with what matters to you Giving back can go beyond hosting large events or raising thousands of dollarsthough thats certainly an incredible goal. As time went on, the desire to go beyond that struck me.

Real Estate 364

Real Estate Real Estate Agent Brokerage Agents 364

Housing Wire

NOVEMBER 25, 2024

The current start-stop cycle facing American homebuyers and sellers shows no sign of relenting. Americans continue to grapple with these fluctuating economic indicators, making the decision to buy or sell a home an enduring challenge, barring a life event forcing a transaction. from the 3.4% annual increases seen in March and April.

Housing Market 397

Housing Market Construction Real Estate Sellers 397

Housing Wire

NOVEMBER 30, 2023

After a very difficult market for buyers who have had to contend with an atypical housing market in 2023, home shoppers will find more listings to choose from in 2024,” Lisa Sturtevant, Bright MLS chief economist, said in a statement. “At However, market activity is still projected to remain well below typical levels. by the year’s end.

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Buyers Housing Market Sellers Inventory 493

Housing Wire

JANUARY 27, 2025

Additionally, with cooperative compensation removed from MLS systems, alongside the new requirement for buyer-agency agreements, agents must speak up and share their value clearly and confidently. To do so, develop strategies and programs that cater to buyers and sellers at every stage.

Real Estate 397

Real Estate Clients Technology Agents 397

Housing Wire

JULY 1, 2024

In its statement of interest, the DOJ claims that the changes MLS Property Information Network (MLS PIN) proposed for its commission rule “still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers. … When sellers make such offers, buyer brokers need not compete on price to attract buyers.’”

Buyers 431

Buyers Law Sellers Advertising 431

Housing Wire

MARCH 6, 2025

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. Host an event to nurture your leads One of my favorite lead nurturing strategies is hosting events.

Real Estate 349

Real Estate Clients Real Estate Agent Agents 349

Housing Wire

MARCH 22, 2024

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.

Real Estate 448

Real Estate Sellers Real Estate Agent Tools 448

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. 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.

Real Estate 435

Real Estate Buyers Tools Real Estate Agent 435

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. You are being accused of not being transparent. “If

Buyers 448

Buyers Agents Real Estate Agent Clients 448

Housing Wire

MARCH 28, 2025

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?

Real Estate 355

Real Estate Tools Real Estate Agent Sellers 355

Housing Wire

OCTOBER 5, 2021

Homeowners are able to track tours and buyer feedback on their home through the Redfin Owner Dashboard. When an ADT outfitted home is purchased through Redfin, the buyer keeps the pre-installed smart lock, ADT security panel, and sensors, which are valued at $899. customers sometime in the future.

Buyers 418

Buyers Agents Real Estate Technology 418

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.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

JULY 29, 2022

Even though sellers’ median valuations in each of these housing markets grew by an astounding 40% or more over the previous year, only one market, Panama City, Florida, saw a year-over-year increase in the number of homes newly listed for sale. The end of seller speculation in the housing market is long overdue and welcome news for buyers.

Housing Market 435

Housing Market Sellers Marketing New Listings 435

Sacramento Appraisal Blog

MARCH 28, 2023

Sellers are hibernating. It’s been striking to see sellers sitting back so far in 2023, and it’s really starting to create more competition for buyers. Let’s talk about it. Scroll by topic or digest slowly.

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Sellers Housing Market Marketing Real Estate 276

Housing Wire

NOVEMBER 22, 2024

Open houses remain one of the best ways to showcase a property and connect with potential buyers. From tech-forward tools to smart follow-up strategies, there’s a sign-in solution here that can help you grow your business and build valuable connections with buyers. Setting up open house sign-in apps for your next event is simple.

Open Houses 397

Open Houses Agents Real Estate Tools 397

Housing Wire

MARCH 13, 2024

Now we are looking at a two- to three- business-day process and the buyer may not like the numbers they get back.” For some buyers, surprisingly high insurance premiums are causing them to second-guess the property they have selected. “I Last year alone, NOAA data shows there were 28 $1 billion weather and climate events in the U.S.

Real Estate Agent 482

Real Estate Agent Insurance Real Estate Agents 482

Housing Wire

MARCH 11, 2025

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.

Clients 356

Clients Real Estate Agent Real Estate Agents 356