Remove Contracts Remove Property Management Remove Real Estate Agent
article thumbnail

57 crucial real estate statistics that explain the 2025 market

Housing Wire

Other important items were taking a private tour (62%), meeting/speaking with the property manager or landlord (55%) and seeing reviews of the property manager or landlord (35%). 25% of homebuyers were presented with the agent representation disclosure at the first meeting; 41% were within a written arrangement.

article thumbnail

Opinion: More should be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. There’s no easy-to-access resource advising how to communicate with every HOA or property management firm.

HOA 459
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: More can be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. Of course, HOAs and property managers are busy and have other priorities as well.

HOA 488
article thumbnail

Are you prepping for worst-case commission lawsuit outcomes?

Housing Wire

Merle Whitehead, who in 2016 sold his brokerage RealtyUSA to Howard Hanna Real Estate Services , “years ago, worked diligently to increase the share of buyers who were under contract to work with his agents,” says Murray. I was just too busy building the company, selling real estate and developing properties.”

article thumbnail

DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). It was also a year in which many agents and brokers started new firms. In 2021, companies between 11 and 15-years-old lost about twice as many jobs as they created.

Landlords 448
article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. Self-paced. This value represents the median.

article thumbnail

Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

And don’t forget the most convenient of tools: property management software. Many difficult situations involve legal and regulatory compliance in contract disputes, zoning violations, or tenant rights. It’s up to you and your team to stay current on any changes to laws and regulations at local, state, and national levels.