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Here’s what buyers and sellers want from their real estate agent

Housing Wire

The role of the real estate 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%.

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How will first-time buyers fare if sellers can’t offer buyer agent compensation?

Housing Wire

As real estate 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.

Buyers 321
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Home sellers who didn’t list on the MLS lost $1B in sale proceeds: Zillow

Housing Wire

Home sellers who did not list their properties on the MLS lost out on more than $1 billion in sale proceeds over the past two years, according to a study published Monday by Zillow. In 2023 and 2024, Zillow found that sellers who chose not to list on the MLS typically lost out on nearly $5,000, selling their property for 1.5%

Sellers 501
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Summertime Sales Fare Better for Homebuyers & Sellers 

Appraisal Buzz

Last year, spring home sellers who put their house up for sale in the second half of May were able to get the most money for it. As buyers become serious about property looking before their summer vacation and the start of the new school year in the fall, search traffic usually peaks before Memorial Day.

Sellers 393
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Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip 

Appraisal Buzz

The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip first appeared on The MortgagePoint. The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip appeared first on Appraisal Buzz. With a growth rate of 21.4%

Sellers 418
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Capitulation: Why buyers and sellers are ready to move

Housing Wire

But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. This year, buyers and sellers are ready to get back to writing. Inaction is easy.

Sellers 370
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Most home sellers still rely on agents, but trust issues linger

Housing Wire

Commission questions, cost sensitivity Commission fees remain a central concern for sellers, especially in the wake of the National Association of Realtors (NAR) landmark settlement in 2024. More than half (52%) of surveyed sellers said theyve considered selling without an agent, with cost cited as the top reason.

Sellers 374