This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. You want to build an authentic, personal bond with the client.
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. Buyers and sellers are ready to step away from the spreadsheet and get on with living their lives.
9, housing markets in the Tampa area came to a complete halt as sellers took their homes off the market. Real estate agents in the area put their business interests aside , and many reported helping their clients board up their homes and ensure they were prepared for the aftermath. The most eye-popping data is for newlistings.
Ive been doing this since 2005 and I tell clients that Ive never seen a market like this, so we have to navigate it together. But on a comparable home, another of her clients had an offer below the asking price accepted. Its a symptom of a market thats transitioning away from sellers. It’s just become a more common theme.
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?
Now that the holidays are gone and the new year has begun, some people are leaping into the market, and others are taking advantage of the fact that there are more properties available than there have been in previous years. Newlistings are down 2.5% The post New Year New Home? The post New Year New Home?
Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. So, where do you start? In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines.
This proves your expertise to clients and allows you to provide them with knowledge about the real estate market. The median list price of homes in the US is $435,000; the median price of newlistings is $435,900. The market action index is 37, indicating that there is a slight seller’s advantage.
Knowing this, real estate agents should always find friendly, conversational ways to stay on their potential clients minds year-round. As a bonus, postcards can also serve as a heartfelt extension of your gratitude for the working relationship with past clients.
Newlistings have risen approximately 8% compared to last year, yet overall inventory remains below typical spring levels. Simultaneously, persistently high housing costs have driven pending home sales down by 4.2% year over year, the largest decline in three months with the exception of the previous four-week period, which saw a 4.4%
“Healthy markets are ones where buyers and sellers have access to all relevant data for their decisions. of newlistings in August have a major risk for extreme heat, while 33% are at risk of extreme heat exposure. Newlistings in the Midwest hold the least amount of climate risk, according to Zillow.
The report also shows the housing market also set new records for home-selling speeds and competition, although seasonally adjusted home sales and newlistings flattened from April. “Sellers are still squarely in the drivers’ seat, but buyers have hit a limit on their willingness to pay. . from April.
“It has been four and a half months since the announcement of the NAR settlement, and we have not seen a noticeable change from before the settlement in either the percentage of sellers that offer buyer’s agent commissions or in the average commission amount they’re paying the buyer’s agents,” Compass CEO Robert Reffkin said on the call. “To
The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. Regularly update content, share valuable insights about the local market, and interact with potential clients.
With its potential to reach newclients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. In this article, we’ll share ideas and tips, including the best way to present newlistings and how to engage your followers with valuable educational content.
Altos Research’s Market Action Index score for the county, which has 70 municipalities, illustrates the challenges agents and their clients have faced. Altos considers any score above 30 to be a seller’s market. 70 towns, 90 newlistings Local agents say the county’s tight inventory situation is largely to blame. “We
Average asking prices were lowered by over 7% of home sellers, which is higher than it has been since November 2022 and higher than 4.7% Nationwide, the number of newlistings is up 8.2% I’ve heard some clients say, ‘it’s so hot outside I don’t want to see anything,’” said Joe Hunt, a Redfin Manager in Phoenix.
Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 newlistings.”. Anecdotally, Realtors are telling me there is no shortage of clients or home seekers, but that scarce inventory remains a problem,” Yun said. “If That would bring the full-year total to 5.4
Monika DeRoussel was in a meeting, away from her phone and email, when a client messaged her that a property in their price range and desired neighborhood had a for-sale sign in the yard. When the meeting concluded, DeRoussel quickly reached out to the seller’s agent to see if her client could get in for a tour, but it was too late. “I
In the nearby metro area of Cape Coral-Fort Myers , active single-family inventory over the previous 90 days averaged 6,500 listings as of March 15, above its March 2020 level of 5,044 listings and approaching its March 2019 level of 7,243 listings. Smith attributes the uptick in inventory to a bump in newlistings.
As the spring selling season kicks off, many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase. In Denver in particular, newlistings increased 29.12% month-over-month and 22.63% year-over-year. With only 1.3
It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. The mailers are titled “Notice of Proposed Settlements” and they began hitting the mailboxes of home sellers in mid-February. Lisa is super on the pulse. What do the postcards say?
We found that more than 99% of newlistings in March included offers to pay the buyer’s agent. Furthermore, more than 96% of all listings included offers of 2% or more, and more than 67% are offering to pay 2.5% Compass has the best value proposition for buyers of any brokerage firm,” Reffkin said.
One of the biggest challenges for agents is finding newclients and staying top-of-mind until they are ready to buy or sell. Today, It is an all-in-one platform designed to help real estate agents manage many aspects of their business, including building meaningful relationships to grow repeat and referral business with clients.
If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Automated marketing: Yes.
Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. The objective is to build relationships, understand the needs of potential clients, and position yourself as a go-to resource when they are ready to buy or sell real estate.
If an uptick in housing inventory and more favorable interest rates materialize in 2025, you’ll still need to find creative ways to generate buzz for your listings and expand your client network. Listing and marketing properties is a complicated process. Meeting newclients is the engine of your business.
Demonstrating you have a keen understanding of the whole client journey — from staging and listing to settling into a brand-new home — will give you a competitive advantage. Today, it’s about meeting the new demands of a varied and tech-savvy market — all while adding a personal touch.
With Restb.ai, we’re helping our MLS clients deliver more value to brokers and agents nationwide. Agents will be able to spend significantly less time on manually entering listings, enabling them to focus instead on interacting with homebuyers and sellers.” Using the listing photos uploaded by the agent, Restb.ai
Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners.
Equipped with the right real estate marketing tools, you’ll save time, scale faster, and attract more clients — all without having to learn 40 new complicated skills and programs. Real estate agents today need outstanding websites — or, at the very least, highly functional ones — to both attract and communicate with clients.
This is why creating an avatar of your ideal client and creating content for them (and only them) should be your primary goal on social media. To generate leads from your social media posts, you need to know your ideal client’s fears, desires, and understand the problems you can solve for them. Touring a newlisting?
Market Leader is an all-in-one solution for generating real estate leads, nurturing them with automated tools, and converting them into long-term clients. Once they’re ready to engage, you’ll be notified that it’s time to reach out with a personal touch, leveraging their collected property search history so you can win them as clients.
Expired listing cold calling script Cold calling expired listings is a proven (if sometimes terrifying) way to find new business. These sellers were on the market with another agent before and could not sell. Usually, they’re inundated with agents calling them for the first few days after their listing expires.
Snatching up first-time homebuyers is akin to striking gold — since developing a relationship with them can mean a loyal client for life. Regular communication keeps you top-of-mind when clients are ready to make a move. Of course, you can’t do everything — but consistency is important.
But these newlistings aren’t attracting buyers, and pending home sales dropped 4.2% But newlistings are heading in the opposite direction, according to Altos Research data. I have sellers saying, I think were at the top of the market Im ready to cash out and put my money into another investment.'”
There were 3,541 respondents to the online survey which ran from May 3-10, 2021, of which 1,731 had a client. Newlistings of homes for sale were down 12% from the same period in 2019, and active listings — the number of homes listed for sale at any point during the period — fell 49% from the same period in 2019.
Success depends on how well (and how quickly) you can combine your own marketing skills with the right tools and support systems out there to help you convert leads into clients. SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform.
In 2024, agents have two choices; learn how to run your entire business from the apps on your phone or tablet, or find a new career. The days of running back to the office to write a tricky email to a client, follow up with a lead, or post on social media are long gone — and they’re never coming back.
Caruso said this is indicative of the markets in Indiana, where low inventory, high interest rates and inflationary pressure are still making it hard for clients to find — and afford — a home to buy. That’s led to a rise in newlistings in Indianapolis as more homeowners are putting their houses on the market.
When I talk to clients and they are wondering why their $3 million condo isn’t selling, I’m like, ‘I don’t know, dude, maybe it has to do with the three people who got killed in front of your building last night.’ In comparison, Chicago has 1,545 listings. A CBS Chicago analysis of police data from Jan. 1 through Dec.
Virtual open houses are a unique way to help you stand out from other agents as a tech-savvy marketer and can help get your listings in front of hundreds (possibly thousands) of potential buyers online. Let’s discuss some of the benefits of a virtual open house — for you and your clients.
We’d love to see CINC home pages focus more on personal branding and client service. A blog and a few buyer and seller education pages would make CINC a perfect IDX site. Bleeding-edge tech + sleek, modern design + an emphasis on client service = IDX perfection. Showcase IDX Pricing: Starting at $84.95 UX design quality: 4.6
Title agents dread being blamed by everyone from the buyer to the seller, from the real estate agent to the lender, for that delay that falls between the signing of a sales agreement and the signing of the closing documents. More than a few real estate agents have come to dread calling the closing company to find out when they can close.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content