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 369

Real Estate Brokerage Agents Realty 369

Housing Wire

AUGUST 13, 2024

As more brokerages and agents contemplate moving away from a cooperative compensation model , many are grappling with some tough questions, the most vexing probably being: What do I do if a seller is only willing to contribute part of the buyer broker’s fees, or none at all? In some cases, the buyer will be like, ‘I know I promised you 2.5%

Clients 482

Clients Agents Buyers Sellers 482

Housing Wire

JUNE 13, 2024

According to a news release, through the partnership, My State MLS agent members will be able to receive estimated cash offers on qualifying properties within minutes to present to their clients. If the seller chooses to pursue Opendoor’s offer, they will then be directed to Opendoor to continue the process.

Sellers 488

Sellers Agents Clients Realty 488

Housing Wire

SEPTEMBER 5, 2023

From fine-tuning the initial listing to completing the mountains of paperwork needed for closing , homebuyers and sellers can find themselves juggling a wide range of issues. Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same.

Real Estate 448

Real Estate Sellers Buyers Clients 448

Housing Wire

SEPTEMBER 18, 2024

According to NAR , five percent of sellers and four percent of buyers found their agent through another agent’s referral. 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. It’s a win-win! How much are real estate referral fees?

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

JANUARY 23, 2025

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.

Real Estate 305

Real Estate Open Houses Real Estate Agent Design 305

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 284

Clients Real Estate Open Houses Agents 284

Housing Wire

FEBRUARY 6, 2025

The Rayse platform is designed to make agent-client relationships transparent in an evolving real estate market. Agents can also use the platform from a marketing perspective to showcase their value to potential clients. It offers features such as buyer presentations, client portals and closing reports.

Client Relationships 221

Client Relationships Agents Technology Real Estate 221

Appraisal Buzz

FEBRUARY 4, 2025

Listing agents are no longer permitted to unilaterally offer sellers payment of the buyers agent commission in NAR-affiliated MLSs, according to the new regulations. Although there are few exceptions, Redfin agents report that the majority of sellers continue to opt to pay the buyers agent commission. commission. of a $300,000 sale.

Agents 248

Agents Sellers Real Estate Agent Buyers 248

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 491

Real Estate Agents Clients Advertising 491

Housing Wire

NOVEMBER 13, 2020

How many other clients are you representing right now? Choosing a real estate agent who already has 10 buyers and five sellers probably doesn’t bode well for your home search. Do you have any references I can contact? Do your research, ask questions, and check reviews and references.

Real Estate Agent 545

Real Estate Agent Real Estate Agents Contracts 545

Housing Wire

FEBRUARY 29, 2024

With this integration, eXp agents will be able to request a cash offer on qualifying homes on behalf of their clients directly through the eXp agent dashboard. Through this partnership, agents will have a choice to either refer their sellers to Opendoor or represent them in deals with the iBuyer. million in 2022.

Realty 459

Realty Agents Clients Sellers 459

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 435

Agents Real Estate Real Estate Agent Brokerage 435

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 468

Real Estate Agents Marketing Sellers 468

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 469

Agents Real Estate Agent Real Estate Buyers 469

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 468

Real Estate Agent Real Estate Agents Clients 468

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 459

Real Estate Brokerage Clients Realtors 459

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 448

Buyers Sellers Agents Real Estate 448

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 435

Sellers Real Estate Agents Clients 435

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 370

Housing Market Marketing Real Estate Client Relationships 370

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 476

Real Estate Agent Real Estate Agents Clients 476

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 476

Real Estate Tools Real Estate Agent Open Houses 476

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 459

Sellers Real Estate Buyers Contracts 459

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 448

Real Estate Sellers Realtors Real Estate Agent 448

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 448

Agents Sellers Buyers Contracts 448

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 468

Real Estate Open Houses Agents Sellers 468

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.

Real Estate 370

Real Estate Brokerage Lending Clients 370

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 418

Agents Buyers Real Estate Agent Mortgage 418

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 435

Real Estate Business Agents Sellers 435

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 448

Realty Real Estate Law Brokerage 448

Housing Wire

MAY 6, 2024

If an agent wants to position themselves as the leader in this process, a good place to begin is to ask their clients what success looks like to them. Is it having a happy client who will be a great reference? Is it closing on time? Is it getting through the process with fewer “touches” or interruptions?

Real Estate Agent 442

Real Estate Agent Real Estate Project Management Agents 442

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 435

Sellers Agents Buyers Realtors 435

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 435

Agents Real Estate Sellers Real Estate Agent 435

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 417

Real Estate Valuation Brokerage Property Management 417

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 434

Mortgage Finance Clients Legal 434

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 458

Advertising Tools Real Estate Sellers 458

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 418

Real Estate Brokerage Agents Real Estate Agent 418