Housing Wire

JANUARY 5, 2024

As a real estate agent , it’s essential to stay aware of significant changes in interest rates and how they may affect market conditions so you’re better equipped to advise your buyers and sellers on everything from housing affordability to availability. Lower demand means that homes often sit on the market longer than usual.

Real Estate 430

Real Estate Agents Marketing Sellers 430

Housing Wire

JULY 20, 2023

There have been numerous studies done on client retention over the years, and while the exact figures vary, most suggest that it can be anywhere from five to 25 times more expensive to acquire a new client than to keep an existing one. 74% of sellers say they would use that same agent again, or recommend them to others.

Clients 209

Clients Real Estate Open Houses Agents 209

Housing Wire

NOVEMBER 1, 2024

Real estate agents and real estate brokers are both licensed real estate professionals who can assist buyers and sellers, but you should be aware of some key differences and state-specific distinctions. A real estate agent is a licensed professional who represents buyers or sellers in real estate transactions. Let’s dive in!

Real Estate 422

Real Estate Real Estate Agent Agents Brokerage 422

Housing Wire

OCTOBER 24, 2024

This is evident when you ask any highly successful agent where they find their clients. Inevitably, their answer will be “my past clients and sphere.” 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. Choose your moment!

Real Estate 304

Real Estate Real Estate Agent Agents Clients 304

Housing Wire

OCTOBER 1, 2024

. “No person shall give, and no person shall accept any fee, kickback, or thing of value pursuant to any agreement or understanding, oral or otherwise, that business incident to or a part of a real estate settlement service involving a federally related mortgage loan shall be referred to any person.” ” 12 U.S.C. 2607(d)(1).

Agents 369

Agents Real Estate Real Estate Agent Brokerage 369

Housing Wire

SEPTEMBER 23, 2024

Suppose someone with a real estate license identifies a potential homebuyer or seller. In that case, they can refer that individual to an agent in exchange for a portion of the commission. Agents are incentivized to refer clients to the highest bidder rather than acting purely in the consumer’s best interest.

Real Estate 365

Real Estate Agents Clients Advertising 365

Housing Wire

JUNE 4, 2024

I pondered how they could offer the assistance that buyers and sellers required at such competitive rates. Although I remained confident in my skills and the value I brought to my clients, I couldn’t help but question how I would compete with a company capable of offering such low-cost representation en-masse.

Real Estate 425

Real Estate Brokerage Clients Realtors 425

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 325

Real Estate Real Estate Agent Sellers Clients 325

Housing Wire

JANUARY 19, 2021

Bob takes a huge amount of pride in the presentation and marketing of a property, and he works with clients personally from the pre-listing stage all the way through to the closing. He keeps his clients fully informed on listing and market activity throughout the process. To get more clients. Not in a million years. They’re not!

Real Estate Agent 460

Real Estate Agent Real Estate Agents Clients 460

Housing Wire

JULY 20, 2023

Set the appointment To make a strong first impression with potential sellers, avoid overwhelming them with too many questions upfront. A trustworthy Client Relationship Management (CRM) system is an important asset, allowing agents to effectively manage and track interactions with clients.

Housing Market 343

Housing Market Marketing Real Estate Client Relationships 343

Housing Wire

DECEMBER 12, 2024

Gloria and David, longstanding pillars of the community, along with our presence on Main Street, where we are proud to have many of the island’s finest producers, gives us an unmatched client offering,” Raveis said.

Real Estate 266

Real Estate Brokerage Agents Realty 266

Housing Wire

MARCH 29, 2024

CMLS goes on to argue that the court should evaluate the settlement agreement proposed by the plaintiffs and MLS PIN without any reference to the DOJ’s statement of interest. Second, the trade group points out that the practice of sellers and listing brokers paying buyer brokers is lawful throughout MLS PIN’s service area.

Sellers 412

Sellers Real Estate Buyers Contracts 412

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. Many nosy neighbors end up turning into sellers, and hosting open houses is a fantastic opportunity to showcase your marketing skills.

Real Estate 422

Real Estate Open Houses Agents Sellers 422

Housing Wire

MARCH 28, 2024

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.

Real Estate Agent 350

Real Estate Agent Real Estate Agents Clients 350

Housing Wire

JULY 30, 2024

But the buyer may not be represented yet and then the listing agent can earn a referral fee by referring the buyer to another agent in their brokerage to earn an additional commission. What is the most important sign home buyers and sellers looking for an agent use as a signal that a real estate agent is a trusted expert?

Agents 329

Agents Real Estate Agent Real Estate Buyers 329

Housing Wire

OCTOBER 26, 2023

After filing a motion for a mistrial Wednesday morning, citing several grievances including “vulgar” footage from a Tom Ferry podcast featuring Allan Dalton and references to the Department of Justice’s investigation of the National Association of Realtors (NAR), defendant HomeServices of America learned it didn’t get its way.

Buyers 356

Buyers Sellers Agents Law 356

Housing Wire

JULY 10, 2024

Research market data Your work begins once you and your client have set an appointment to meet. You may also want to research the client on social media to understand their needs and circumstances. Seller / Buyer/ Balanced). Prepare a pricing strategy Many sellers think they understand pricing as well as you do.

Sellers 346

Sellers Real Estate Agents Clients 346

Housing Wire

APRIL 3, 2023

Through Rocket’s new “BUY+” program, clients who obtain purchase financing from Rocket Mortgage and find a home with a Rocket Homes partner real estate agent, will receive a credit equal to 1.5% of their loan amount to put toward closing costs, helping defray upfront costs. .”

Agents 384

Agents Buyers Real Estate Agent Mortgage 384

Housing Wire

NOVEMBER 5, 2023

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.

Real Estate 390

Real Estate Tools Real Estate Agent Open Houses 390

Housing Wire

FEBRUARY 27, 2024

District Court for the Western District of Missouri , the lawsuit is named after its lead plaintiff, Maryland home seller Daniel Umpa. Due to how HomeServices and its affiliates handle their client contracts, if a dispute arises, each client is entitled to individual arbitration of their claims. Filed in late 2023 in the U.S.

Realty 354

Realty Real Estate Law Brokerage 354

Housing Wire

OCTOBER 17, 2023

Plaintiffs allege collusion In their trial brief, the plaintiffs in the suit allege that NAR’s Participation Rule , which they refer to as the Mandatory Offer of Compensation Rule , is “a market-shaping and distorting rule” that stifles innovation and competition.

Sellers 386

Sellers Agents Buyers Realtors 386

Housing Wire

AUGUST 14, 2024

“We are changing our approach with a lot of things, and we are doing that with the collateral we put out, there is a video series we put out, and there are obviously conversation we are having with sellers on what it is they need to do, how it needs to be done and what their options are for doing it,” Harvey said.

Agents 365

Agents Sellers Buyers Contracts 365

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Real Estate Agent 364

Real Estate Agent Real Estate Agents Clients 364

Housing Wire

MAY 24, 2021

There were 3,541 respondents to the online survey which ran from May 3-10, 2021, of which 1,731 had a client. 2019 is being used as a reference point since 2020 data is skewed by the pandemic.). The April 2021 survey was sent to 50,000 Realtors selected from NAR’s over 1.4

Realtors 487

Realtors Buyers Housing Market New Listings 487

Housing Wire

JULY 8, 2024

These sellers were on the market with another agent before and could not sell. This simple real estate script generates the best results because it acknowledges the sellers’ feelings and piques their interest: Hi. One of my favorite seller clients was a FSBO who I became friends with. Lead with value!

Real Estate 343

Real Estate Business Agents Sellers 343

Housing Wire

DECEMBER 20, 2023

The suit takes aim at NAR’s Participation Rule, which is referred to as the Cooperative Compensation Rule in this suit, which requires listing brokers to make a blanket offer of compensation to the buyer’s broker in order to list the property on a Realtor-affiliated MLS.

Real Estate 327

Real Estate Sellers Realtors Real Estate Agent 327

Housing Wire

JUNE 16, 2022

For the HomeLight Cash Offer program, also introduced two years ago, the firm makes an all-cash offer on the client’s behalf and holds the home until the client secures financing. In the first quarter of 2022, HomeLight and Accept.inc represented more than $3 billion in combined referred transaction volume, according to Uher.

Brokerage 285

Brokerage Real Estate Lending Clients 285

Housing Wire

OCTOBER 23, 2024

How to prepare for a listing appointment Have a quick call with the sellers to ask them about their motivation, timeline, and price they have in mind. Do this before the appointment, and refer to our list of questions to get specifics. If the seller asks you for your business card, you’ll want to have one handy. Business cards.

Agents 334

Agents Real Estate Sellers Real Estate Agent 334

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. Building trust with prospects or clients takes time. So how can real estate agents be so cavalier about their job?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

AUGUST 23, 2024

In the newest episode of the RealTrending podcast , host Tracey Velt chats with Ryan Michaelis, chief growth strategist at Worth Clark Realty , about business growth through recruitment, flat-fee models for agents and the effects of the National Association of Realtors ’ (NAR) settlement on buyers and sellers across the industry.

Brokerage 349

Brokerage Property Management Agents Real Estate 349

Housing Wire

FEBRUARY 15, 2024

And that’s how Saller’s clients — siblings in their early 20s — can close on a $335,000, three-bedroom condominium in Jackson, New Jersey, early in March. In addition, homebuyers might have to deal with sellers who are reluctant to sell their homes to DPA borrowers.

Mortgage 451

Mortgage Buyers Loan Officers Sellers 451

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Just sold stories If your clients are willing to be featured on your socials, celebrate their sale. Readers are more likely to remember stories that evoke emotions.

Real Estate 340

Real Estate Agents Real Estate Agent Decorating 340

Housing Wire

NOVEMBER 16, 2023

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. Create interactive polls on platforms like Instagram stories and posts to boost engagement and better understand your client’s preferences.

Real Estate 361

Real Estate Marketing Real Estate Agent Tools 361

Housing Wire

AUGUST 13, 2024

A company spokesperson referred the inquiry back to comments made by Onity leadership in its Q2 2024 earnings information, where CEO Glen Messina expressed satisfaction with the deal. Messina went on to call MAM a “valued subservicing client.” HousingWire ’s Reverse Mortgage Daily (RMD) reached out to Onity for comment.

Mortgage 317

Mortgage Finance Clients Legal 317

Housing Wire

JUNE 7, 2024

To succeed in real estate, it’s essential to have affordable, efficient tools for generating, nurturing, and converting leads into clients. When a potential buyer or seller lead searches for homes or a home valuation on Google, they are driven to your site by ads created and managed by Zurple’s advertising experts.

Advertising 333

Advertising Tools Real Estate Sellers 333

Housing Wire

JANUARY 13, 2022

The lawsuit, in part, challenges a rule first put forth by the National Association of Real Estate Exchanges, NAR’s forerunner, in 1913, that a member agent representing a home seller , “Always be ready and willing to divide the regular commission equally with any member of the Association who can produce a buyer for any client.”.

Real Estate 312

Real Estate Brokerage Agents Real Estate Agent 312

Housing Wire

SEPTEMBER 13, 2023

This does mean that the value of nearly all of our clients is down from where they were 15 months or more ago. Terms have slightly changed Furthermore, the terms of most transactions are characterized with less cash at close and more on the contingent part of the transaction (often referred to as the Earn Out).

Real Estate 295

Real Estate Valuation Brokerage Property Management 295