Housing Wire

JULY 22, 2024

I also include tips and tricks to help you find your first clients faster than most new agents. First, look at your calendar and determine how much time you’ll have to dedicate to finding and serving clients. Related articles How to create a foolproof real estate marketing plan for 2024 (+ template) Step 5: Go find clients!

Real Estate Agent 446

Real Estate Agent Real Estate Clients Agents 446

Housing Wire

AUGUST 1, 2024

But it will be their sellers who make the decision on an offer of compensation to a buyer broker. In the agreement, sellers have the option to choose to pay their listing broker an exact dollar amount, a percentage of the gross purchase price of the property or an undefined “Other.”

Sellers 448

Sellers Buyers Agents Law 448

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 487

Sellers Agents Realty Clients 487

Housing Wire

OCTOBER 29, 2024

In the latest episode of the RealTrending podcast , Amy Stockberger — broker-owner of Amy Stockberger Real Estate — joins Tracey Velt for a tantalizing conversation that covers her teamerage’s unique “Lifetime Home Support” model and other ways that agents can provide value to home buyers and sellers. Stockberger: It’s very omnipresent.

Real Estate 455

Real Estate Clients Agents Sellers 455

Housing Wire

JUNE 11, 2024

NAR argues that by requiring agents to have signed buyer representation agreements with clients prior to taking them on a virtual or in person home tour, agents will not be able to steer buyers to certain listings that have higher offers of compensation. A Realtor must never put broker compensation before their client’s interests.”

Realtors 448

Realtors Sellers Agents Buyers 448

Housing Wire

AUGUST 12, 2024

Despite the firm’s name Voss says the brokerage works with both buyers and sellers, but on the sell-side he and his agents only charge clients for their services. “We I really struggled with that dynamic of why would I, as a seller, want to offer money to somebody who is going to actively try and get me to gain less?”

Brokerage 448

Brokerage Agents Sellers Buyers 448

Housing Wire

SEPTEMBER 30, 2024

The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of real estate agents in the spotlight for both regulators and clients alike. Now, with agent commissions starting to decline, agents naturally want to convey the value of their services to buyers and sellers.

Agents 488

Agents Real Estate Agent Real Estate Sellers 488

Housing Wire

FEBRUARY 28, 2024

According to the CFA, provisions in these contract that allow buyers agents to continue to contact listing agents and ask for additional compensation from the seller beyond what the agent negotiated with their buyer client would result in commission rates staying at their current level.

Buyers 464

Buyers Contracts Agents Sellers 464

Housing Wire

SEPTEMBER 26, 2024

The settlement’s other major change was to require agents to have a signed buyer representation agreement prior to taking a client on a home tour. In contrast to removing offers of compensation from the MLS, 57% of the agents surveyed like having buyer agency agreements signed early on in their relationships with clients.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Buyers 468

Housing Wire

APRIL 17, 2024

Whether you’re looking to build brand awareness, draw in more engagement for listings, or take your client experience to the next level through digital advertising, Boost is here to help agents and brokers alike. 2 Agents can use Boost to showcase the effectiveness of their advertising with automated seller reports.

Real Estate 437

Real Estate Advertising Technology Clients 437

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 434

Sellers Real Estate Agents Clients 434

Housing Wire

DECEMBER 6, 2024

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.

Real Estate 395

Real Estate Clients Tools Sellers 395

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 370

Real Estate Real Estate Agent Sellers Clients 370

Housing Wire

JUNE 24, 2024

Bright MLS — one of the nation’s largest multiple listing services that covers six Mid-Atlantic states and the District of Columbia — recently polled buyer and seller agents on what their clients are thinking during their home searches, including thoughts on mortgage rate hikes that have plagued other markets. Another 23.5%

Buyers 417

Buyers Mortgage Clients Sellers 417

Housing Wire

JUNE 11, 2024

But 70% of agents have reportedly fielded questions from current clients about the NAR settlement and its impact on commissions. Overall, 91% of Americans surveyed stated that they believe the NAR settlement will have some impact on future homebuyers and sellers.

Real Estate 468

Real Estate Agents Sellers Real Estate Agent 468

Housing Wire

JUNE 25, 2024

Let’s take a closer look at appraisals, what they mean for a sale, and how to leverage the results to get your clients the best price possible. It’s important to share your understanding of this process with your clients. After years of a market that favored sellers, the pendulum is slowly swinging back in favor of buyers.

Appraisal 394

Appraisal Sellers Real Estate Agent Appraisal Process 394

Housing Wire

APRIL 15, 2024

When asked about the language they use to discuss how buyer and seller agent commissions are paid, some of the most common responses included stressing that commissions are and always have been negotiable, and that if the National Association of Realtors’ settlement is approved, some practices may change, but many things are currently unknown.

Inventory 448

Inventory Agents Real Estate Sellers 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. What are the benefits of referrals? It’s a win-win!

Real Estate 468

Real Estate Real Estate Agent Agents Brokerage 468

Housing Wire

DECEMBER 5, 2024

How do you stand out in a crowded digital space while leveraging technology to attract and serve clients more effectively? This article will explore why referrals are losing ground, what todays clients expect, and the steps you can take to stay ahead in a digital-first industry.

Agents 368

Agents Real Estate Agent Real Estate Clients 368

Housing Wire

NOVEMBER 8, 2024

With Q4 in full swing, many realtors are seeing buyers and sellers paralyzed by high interest rates and stagnant inventories. Shallis, with over three decades of experience in the real estate industry has helped realtors, buyers, and sellers navigate all types of market conditions. Key Strategies for Realtors in Q4 1.

Realtors 370

Realtors Marketing Loan Officers Sellers 370

Housing Wire

APRIL 30, 2024

It gives them the opportunity to access the real estate search process directly from their phone, and the built-in chat function keeps client communication flowing smoothly,” NNRMLS CEO George Pickard said in a statement. The app will display accurate and real-time listing information for agents and their clients.

Agents 443

Agents Real Estate Clients Technology 443

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 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

AUGUST 22, 2024

In a lawsuit filed Thursday, real estate startup Homie Technologies claims that home seller consumers were not the only ones harmed by the real estate industry’s allegedly anticompetitive practices. Buyers using Homie would receive some or all of any BAC offered by the seller,” the complaint states.

Realtors 482

Realtors Buyers Real Estate Brokerage 482

Housing Wire

DECEMBER 27, 2023

The systems outage has derailed closings across the country over the holidays for homebuyers and sellers using the company’s title services in more than 2,000 locations. On Friday, it notified clients that it had taken its email system offline and that recipients should be wary of any emails that come through from FirstAm.com.

Sellers 508

Sellers Insurance Valuation Technology 508

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. As we get into 2024, if interest rates touch the 5% mark, we can assume a market that heavily favors sellers.

Real Estate Agent 476

Real Estate Agent Real Estate Buyers Agents 476

Housing Wire

FEBRUARY 16, 2024

“The modified rule still gives sellers and their listing brokers a role in setting compensation for buyers’ brokers,” the filing states. According to the DOJ, when a seller makes an offer of compensation to the buyer broker, the buyer broker does not need to compete on their compensation price in order to attract clients.

Sellers 459

Sellers Buyers Real Estate Contracts 459

Housing Wire

MAY 20, 2024

While the settlement does not address this issue directly, the Department of Justice (DOJ) Statement in the Nosalek lawsuit does: Buyers would have the ability to request in their purchase offer that the sellers pay a specified amount to the buyer broker from the proceeds of the home sale. In a seller’s market, that may well occur.

Buyers 452

Buyers Agents Counter Offer Sellers 452

Housing Wire

FEBRUARY 21, 2024

The KW Real Estate Agent Professional Certificate has a kit with 124 hours of content, including videos, readings, assessments and hands-on projects.

Real Estate 468

Real Estate Real Estate Agent Realty Clients 468

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

DECEMBER 10, 2024

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.

Housing Market 369

Housing Market Marketing New Listings Sellers 369

Housing Wire

AUGUST 9, 2024

Co-hosts James Dwiggins and Keith Robinson urge agents to stop sharing commissions and discuss ways that listing agents can put their seller’s needs first while avoiding legal trouble and creating an excellent experience for their clients in an uncertain market. Dwiggins ties his example into real estate with a pointed statement. “I

Real Estate 447

Real Estate Advertising Legal Agents 447

Housing Wire

MARCH 22, 2024

1, 2024 , Washington state’s agency law requires agents to have a written agreement with buyers (as well as sellers) to spell out the exact scope of the services provided by the agent, as well as the compensation the client has agreed to pay them in return. As of Jan. It is kind of like dating,” Sax said. “So,

Buyers 497

Buyers Contracts Real Estate Agents 497

Housing Wire

MARCH 8, 2024

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?

Agents 459

Agents Legal Realtors Clients 459

Housing Wire

MARCH 25, 2024

Cooperative compensation The vast majority of questions addressed on the call dealt with whether or not buyer’s representation was going away, and how agents will get paid for the services they provide to clients. Seller concessions is money that is being given by the seller directly to the buyer,” Papasan said.

Agents 467

Agents Advertising Real Estate Sellers 467

Housing Wire

MARCH 13, 2024

While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads. If you want seller leads and already have a CRM you love, Offrs + RAIA is an excellent choice. Need more examples?

Real Estate Agent 447

Real Estate Agent Real Estate Tools Agents 447

Housing Wire

FEBRUARY 16, 2024

A second home seller in Nevada has filed a lawsuit alleging that real estate industry players in the state have colluded to artificially inflate real estate agent commissions. District Court in Las Vegas by Nevada home seller Angela Boykin. The copycat commission lawsuit was filed on Friday in U.S. 16, 2020, and the present.

Real Estate 468

Real Estate Realtors Realty Brokerage 468

Housing Wire

APRIL 30, 2024

Under the terms of the settlement agreement , agents will have to have a written agreement with a client in order to work with them as a buyer’s agent. But if the agent is representing both the buyer and the seller in the transaction — also known as dual agency — a written buyer broker agreement is needed.

Buyers 488

Buyers Open Houses Sellers Agents 488