Housing Wire

NOVEMBER 1, 2024

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. So, let’s start with the basics: What is a real estate broker vs. an agent? Summary What is a real estate agent?

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Real Estate Real Estate Agent Agents Brokerage 445

Appraisal Buzz

SEPTEMBER 13, 2024

As we near the fourth quarter of 2024, the traditional peak of the home-buying season has passed, and the real estate market is entering a period of transition. As of July, there were approximately 646,000 unsold single-family homes on the market in the U.S.,

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Inventory Real Estate Marketing New Listings 397

Housing Wire

SEPTEMBER 2, 2024

The real estate industry is undergoing a seismic transformation, with recent regulatory changes pushing the National Association of Realtors to a critical juncture. As these shifts unfold, real estate agents face both challenges and opportunities. Consider tapping into the rental market, which accounts for 38% of U.S.

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Real Estate Agents Marketing Real Estate Agent 436

Housing Wire

DECEMBER 5, 2024

From luxury property tours to laugh-out-loud real estate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a real estate investor or just love stunning homes, these real estate Instagram accounts are a must-follow.

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Real Estate Agents Real Estate Agent Luxury Properties 397

Housing Wire

JUNE 11, 2024

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. Buyers will also be required to sign a representation agreement outlining the amount they will pay their agent for their services.

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Buyers Real Estate Real Estate Agent Brokerage 523

Housing Wire

NOVEMBER 14, 2024

While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for real estate agents to grow their business in a variety of ways. LCA’s tagline is “exploring the science of real estate,” and you’ll find plenty of advice about technology here. Join Lab Coat Agents 2.

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Real Estate Agent Real Estate Agents Realtors 418

Appraisal Buzz

OCTOBER 1, 2024

Realtor.com has found that , amid rising home prices and mortgage rates, real estate investors are still finding hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment in 2024. of buyers in Q1 being investors, just shy of the national average.

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Real Estate Investors Investing Buyers 416

Housing Wire

SEPTEMBER 12, 2024

real estate scene with its rapid growth and increasing appeal to homebuyers. This inventory has only fueled competition among the city’s real estate professionals. million in sales to stand out in the Queen City’s real estate scene. In this type of environment, the cream rises to the top. Click Here

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Real Estate Agents Real Estate Agent Sellers 409

Housing Wire

JUNE 4, 2024

The recent announcement of Homie’s decision to strip its brokerage services and end employment for its real estate agents has once again brought the discussion of alternative models in real estate to the forefront. I vividly recall when Homie first entered the market.

Real Estate 451

Real Estate Brokerage Clients Realtors 451

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. NAR has also advocated for the VA to change its rule around buyer broker compensation.

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Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

DECEMBER 27, 2024

Youve likely heard about real estate teams and how they can impact your career but what exactly are they, and why are so many agents joining or building teams? Its important to understand how real estate teams work for you to decide whether its the right career move for you. How do real estate teams work?

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Real Estate Tools Agents Real Estate Agent 361

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% As the U.S. Investors purchased $38.8 Now there’s a middle ground.

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Investors Real Estate HOA Housing Market 421

Housing Wire

AUGUST 14, 2024

Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. The deal is indicative of how details matter in a market like Denver where home-price growth has slowed dramatically after a surge in post-pandemic migration to the metro area caused valuations to rise sharply in a short period of time.

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Buyers Housing Market Marketing Sellers 410

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

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Buyers Marketing Mortgage Real Estate Agent 470

Housing Wire

OCTOBER 15, 2024

Confusion and chaos are still a reality for some real estate professionals in the wake of the NAR settlement-mandated business practice changes, but preparation has been key to minimizing the negative impacts. Although the world didn’t end for the real estate industry on Aug. Approaching the Aug.

Real Estate 446

Real Estate Brokerage Sellers Agents 446

Appraisal Buzz

NOVEMBER 6, 2024

Key Findings: Although average mortgage rates are much higher, 45% of buyers who have purchased a home in the past year report having a rate below 5%. The most common way buyers have secured below-market rates is through special financing offers from sellers or home builders.

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Buyers Marketing Sellers Loan Officers 370

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.

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Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

SEPTEMBER 19, 2024

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs. If more buyers come in than supply comes in, that has to dictate stronger prices or more sales, one of the two.”

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Real Estate Agent Real Estate Agents Buyers 469

Appraisal Buzz

OCTOBER 31, 2024

Commissions paid to real estate agents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Sellers are more and more wanting to pay 2% to a buyer’s agent,” said Jonathan Chvala, a Redfin Premier Agent in Chicago.

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Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

OCTOBER 15, 2024

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Location Is your buyer willing to trade an established neighborhood for the flexibility of a new community?

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Construction Buyers Agents Marketing 431

Housing Wire

AUGUST 22, 2024

In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.

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Realtors Buyers Brokerage Real Estate 482

Housing Wire

OCTOBER 14, 2024

The latest tumult in real estate feels like our world has been turned upside down yet again. Own our worth Almost as soon as the commission verdict was announced, most major industry voices came out with marketing campaigns and webinars about how agents can demonstrate their worth. We need to own it, too.

Real Estate 385

Real Estate Tools Clients Buyers 385

Housing Wire

SEPTEMBER 18, 2024

Here’s our complete guide to sending and receiving real estate referrals and earning more money this year. We’ll break down everything you need to know about real estate referral fees, including how they work, typical referral fee rates, how to draft and manage referral agreements, and how to develop a successful referral network.

Real Estate 419

Real Estate Real Estate Agent Agents Brokerage 419

Housing Wire

SEPTEMBER 14, 2024

Optimism is a prerequisite for success as a salesperson, and real estate professionals have it in spades. At the Tom Ferry event last month and at the National Association of Hispanic Real Estate Professionals (NAHREP) going on right now, this attribute is on display everywhere.

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Real Estate Agent Real Estate Agents Buyers 396

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.

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Real Estate Agent Real Estate Agents Modernization 453

Housing Wire

JANUARY 17, 2025

As we head into 2025, Im optimistic about the Southern Nevada real estate market and the opportunities it presents. Economic landscape and interest rates The political climate is changing, and I believe this will contribute to a heating-up of the real estate market in the new year.

Real Estate 298

Real Estate Buyers Sellers Marketing 298

Housing Wire

JANUARY 15, 2025

The year 2025 will be transformative for real estate. Rising personal home insurance rates, fueled by escalating claims costs, increasing property values and the growing frequency of natural disasters, will all have a profound impact on market dynamics and homeowners insurance costs.

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Real Estate Insurance Marketing Housing Market 279

Housing Wire

SEPTEMBER 26, 2024

This is according to a study published earlier this week by real estate technology firm Clever Real Estate. Clever surveyed 516 real estate agents in late August and early September, after the changes were implemented on Aug.

Real Estate Agent 446

Real Estate Agent Real Estate Agents Buyers 446

Housing Wire

NOVEMBER 21, 2024

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. When it comes to selling real estate, communication and timing can make or break your success. Market Leader has you covered.

Real Estate 339

Real Estate Real Estate Agent Sellers Clients 339

Housing Wire

DECEMBER 5, 2024

Why most teams struggle to scale Scaling a real estate team to $100 million in production is a daunting challenge, but the biggest roadblock isn’t market conditions or competition — it’s outdated strategies. Delegate or outsource tasks where weaknesses exist, such as transaction coordination, lead follow-up, or marketing.

Real Estate 369

Real Estate Clients Development Tools 369

Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. This trend had a profound impact on the housing market.

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Appraisal Process Appraisal Real Estate Inspection 388

Housing Wire

JULY 26, 2024

you know the real estate industry has had quite a roller coaster ride in 2024. Buyer representation has become one of the hottest and most debated topics of the year. Amid the lawsuits and non-stop news coverage, one major question has emerged: What is buyer representation and why does it matter?

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Buyers Agents Real Estate Design 435

Housing Wire

JUNE 18, 2024

Daily, my inbox contains another article regurgitating the same tired rhetoric about the real estate lawsuits and the (proposed) settlements. Invariably, these same articles classify all real estate brokerages and models as identical. That’s just false. Yeah, that’s scientific. By comparison, one might call it minuscule.

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Brokerage Real Estate Agents Clients 455

Housing Wire

DECEMBER 6, 2024

Real estate agents often make the mistake of believing their clients will remember them forever but they dont. 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. Summary What is a real estate newsletter?

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Real Estate Clients Tools Sellers 328

Housing Wire

OCTOBER 8, 2024

In this week’s episode of the RealTrending podcast , host Tracey Velt sits down with Debbie De Grote, founder of leading real estate and business coaching company Forward Coaching. De Grote started her career at 18 years old, selling real estate in Los Angeles and neighboring Orange County as a top agent for Century 21.

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Real Estate Agents Real Estate Agent Buyers 374

Housing Wire

OCTOBER 10, 2024

By most standards, I’ve had a highly successful career in real estate — as a Keller Williams Mega Agent, Broker-Owner, and bestselling author. For the past 14 years, I’ve had the privilege of coaching some of the nation’s top-producing real estate agents. Now, the buyer wanted the agent to pay for the repairs.

Real Estate 426

Real Estate Real Estate Agent Agents Clients 426

Housing Wire

SEPTEMBER 5, 2024

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. mortgage market in 2023, up from 14.3% of the U.S. in 2022, according to HUD. ”

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Buyers Real Estate Agent Inspection Real Estate 426