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The role of the realestate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. Help negotiating with buyers registered at just 13%.
Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional realestate agent is the best way to sell. Of the 73% who said they preferred using agents, 67% believe traditional realestate agents are still the best option and 6% favor discount agents.
Despite 2025 housing market predictions changing fast , there are still key themes and trends for realestate leaders to watch to best serve their clients and business. 26 in Dallas to hear her full session on realestate brokerage economics. What should Realtors know about this information?
Whether you’re looking to start a career in realestate, already have one or are involved in realestate transactions, you may find yourself wondering about industry terminology and job titles. So, let’s start with the basics: What is a realestate broker vs. an agent? Summary What is a realestate agent?
In this week’s episode of the RealTrending podcast , host Tracey Velt traveled to the REengage Winter Conference to speak with Illinois Realtors CEO Jeff Baker and president Tommy Choi. Choi: If you look at how many Realtorsbuyers and sellers interviewed, 80% have interviewed only one agent. Are they asking about it?
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for realestate agents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Join Lab Coat Agents 2.
Confusion and chaos are still a reality for some realestate 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 realestate industry on Aug. Approaching the Aug.
According to HomeLight ‘s Top Agent Insights report released this week, realestate agents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizona -based realestate platform designed to connect agents with clients. 30 and Nov.
Home staging is your chance to transform a property into a home that buyers cant wait to get their hands on. Buyers want to be able to see how a home will work for them. The goal of realestate staging is to highlight all its best features. As an agent, you know a beautifully staged home turns into a sold one.
What has changed for realestate brokerages since then? 31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. 31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country.
From luxury property tours to laugh-out-loud realestate memes, these 21 agents and influencers bring the best of the industry right to your phone. Whether you’re an agent, a realestate investor or just love stunning homes, these realestate Instagram accounts are a must-follow.
The Department of Justice ( DOJ ) raised some eyebrows when it hinted that buyer representation agreements, if used as mandated in the National Association of Realtors (NAR) commission lawsuit settlement, may be a source of future antitrust litigation based on its statement of interest in the Sitzer/Burnett suit.
Commissions paid to realestate 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. Buyer’s agent commissions have fallen 17 basis points since January 2023, when they averaged 2.51%.
In a new episode of the “RealEstate Insiders Unfiltered Podcast,” hosts James Dwiggins and Keith Robinson are joined by Zillow Group CEO Jeremy Wacksman for a deep dive conversation that covers the role of technology in realestate and Zillow’s “ Super App.” What does the buyer or seller want?
With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action.
In the newest episode of the “RealEstate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Robert Morris, a realestate broker, trainer and veteran agent at Keller Williams Capital Properties. Robert Morris: I would say this is the best time to be in realestate.
In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a realestate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). Jeff Andrews: You and Jason Haber recently launched the American RealEstate Association, a trade group alternative to NAR.
Realestate 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 realestate newsletter?
Youve likely heard about realestate 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 realestate teams work for you to decide whether its the right career move for you. How do realestate teams work?
As realestate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. In a bidding war, cash buyers and investors will win, and first-time buyers will lose.
Plaintiffs Douglas Hardy, Glenn Champion and Dylan Tent on Thursday filed an amended complaint in their antitrust suit against the National Association of Realtors (NAR) in the U.S. The three plaintiffs are realestate professionals. District Court for the Eastern District of Michigan.
As the recovery continues, the California Association of Realtors (CAR) said that residents should accept change instead of fighting it. The California Association of Black RealEstate Professionals (CABREP) hosted a webinar on Tuesday with key officials from CAR. Landlords cannot raise rents by more than 10% until then.
According to new research from Clever RealEstate , a St. Louis-based realestate company, homebuyers spend an average of $31,975 in homebuying expenses, such as closing costs, repairs, and moving, in addition to their down payment. Notably, 63% of first-time buyers were surprised by the cost.
There is an endless supply of realestate statistics out there, but what the heck do you do with all of them? Stats are the fuel to the fire of the realestate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them.
For years, the realestate industry has been caught up in battles over commissions, lead generation, and who controls access to listings. But because AI is about to reshape how buyers and sellers interact with listings entirely. Nobody is harmed if AI aggregates listings from multiple sources, sharing them directly with buyers.
Statara Solutions has expanded its Statara Media Platform to include digital audio advertising, allowing realestate professionals, associations and advocacy groups to target audiences through podcasts and streaming radio. The update was rolled out after months of beta testing. ”
Realestate thank you notes are an easy, underutilized tool in the realestate world. Ill share my strategies and templates so youll be ready to write amazing thank you notes to your clients and stand out among the realestate agents in your area. Think about the last email you received.
After previously taking issue with some of the forms generated as a result of the terms of the National Association of Realtors ’ (NAR) nationwide commission lawsuit settlement agreement , University of Buffalo law professor Tanya Monestier is now objecting to NAR’s settlement. In a document filed on Monday in U.S.
Alabama governor Kay Ivey has signed into law a bill that ensures homebuyers only have to sign a buyer brokerage agreement prior to submitting an offer on a property and not before touring a home with an agent. Ivey signed the bill into law on Tuesday after it passed the state Senate earlier this month.
Realestate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. We curated some standout closing gift ideas for buyers and sellers and assembled this guide to help you navigate the closing gift process.
They explore O’Connor’s personal experience during the Los Angeles wildfires , including evacuation efforts, as well as the current dynamics of the realestate market. Some Realtors mentioned how they only had time to pack a bag. Are you getting a lot of calls from Realtors in other areas?
This is the future of realestate. 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. The future of realestate is collaborative.
In realestate, knowing the keys to a successful negotiation is essential. If you want a long and successful career in realestate, youll need to sharpen your negotiation teeth. In most cases, a buyer wants to get a fair deal on a house that the seller wants to sell at a fair price. Let me explain.
When I first started in realestate , I thought my job was solely about helping buyers and sellers. Realestate agents have the privilege of guiding people through one of their biggest life decisions. Use your network for good : As realestate professionals, we know a lot of people.
31, 2023, and has since reshaped the business practices for realestate brokerages and agents across the country. Stubbornly high interest rates, low levels of inventory and elevated home prices are putting a strain on the often-limited budgets of first-time buyers. It is no secret that many first-time homebuyers are struggling.
Using LinkedIn for realestate is a hidden gem for connecting with local business professionals. Keep reading to learn why LinkedIn for realestate agents is so important, plus tips to optimize your profile and how to get realestate leads on LinkedIn. For your headline, be clear and geographically specific.
million, according to data released Wednesday by the National Association of Realtors (NAR) On a year-over-year basis, existing-home sales were down 3.5% And while the slower sales pace may not be great news for realestate professionals, it has resulted in an uptick in inventory , which is good news for homebuyers.
Believe it or not, good old-fashioned postcards are still one of the most effective realestate marketing strategies. Even though most agents focus their marketing efforts online, people start thinking about finding a realestate agent well before they hit ENTER on their first Google search. But where do you start?
These off-market listings not only harm sellers, but they limit exposure to potential buyers, possibly deepening inequities that have long existed in realestate. We must maintain transparency in the housing market so we dont go back to the dark ages of realestate. To conduct its study, Zillow analyzed 2.72
A newly released episode of the RealEstate Insiders Unfiltered Podcast explores the future state of buyer and seller relationships in the housing market after the National Association of Realtors ‘ (NAR) business practice changes take effect Aug.
In a lawsuit filed Thursday, realestate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the realestate industry’s allegedly anticompetitive practices. Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.
Thats when I came across a realestate investment series on VHS by Carlton Sheets (remember VHS?). It inspired me to get my realestate license and pursue a career in realestate. Just a few years later, I was breaking sales records, and at age 27, I was on the cover of Realtor Magazines 30 Under 30.
Baby boomers have overtaken millennials as the largest share of homebuyers , making up 42% of all purchases in the past year, according to a report from the National Association of Realtors (NAR). NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market.
According to the National Association of Realtors 2025 Home Buyers and Sellers Generational Trends report, baby boomers now comprise the largest generational group of home buyers in a shift that underscores the changing dynamics of todays housing market. Generation X buyers (ages 4559) held steady at 24% of their share.
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