Housing Wire

JULY 10, 2024

Market Inventory: What is the current market and micro-market inventory? Seller / Buyer/ Balanced). Prepare a pricing strategy Many sellers think they understand pricing as well as you do. You may find it easier to discuss pricing with sellers if you can explain current market conditions.

Sellers 417

Sellers Real Estate Agents Clients 417

Housing Wire

MARCH 29, 2023

“Purchase applications remain over 30% behind last year’s pace, but recent increases, along with data from other sources showing an uptick in home sales, is a welcome development.” Census Bureau and the Department of Housing and Urban Development ( HUD ). But it’s not just mortgage demand that has fluctuated recently.

Mortgage 417

Mortgage Real Estate Agent Loan Officers Buyers 417

Appraisal Buzz

SEPTEMBER 5, 2024

“I have a dozen or so homeowners who would like to sell, but aren’t willing to give up their 3% interest rate for one that’s more than twice as high,” said Blakely Minton, a Redfin Premier Real Estate Agent in Philadelphia. Many of those sellers will list if rates get back down to 5%.” Notably, total inventory is up 28.7%

Construction 459

Construction Inventory Housing Market Contracts 459

Housing Wire

APRIL 22, 2024

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. Many of us are in sellers’ markets with very low inventory. While some agents choose to handwrite these, it can be time-consuming.

Real Estate 449

Real Estate Open Houses Brokerage Real Estate Agent 449

Miller Samuel

DECEMBER 4, 2019

Lisa mentioned the topic of "inventory loans" that developers are relying heavily on to limp to the next upcycle with lots of unsold inventory. Hedge funds have dived headfirst into this space, even developers who are in good financial state are lending money on unsold condo inventory.

Real Estate Agent 195

Real Estate Agent Inventory Development Agents 195

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

Buyers 403

Buyers Agents Loan Officers Real Estate 403

Housing Wire

JANUARY 3, 2024

Real estate agents are optimistic about the housing market and working to implement buyer agency agreement as we head into 2024, according to the RealTrends Q1 2024 AgentPulse survey. Better buyer and seller presentations to break down payment to a more granular level,” was one agent’s response.

Agents 440

Agents Realtors Clients Real Estate 440

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

JULY 21, 2021

And if the sheer size of the gated, master-planned complex known as The Villages doesn’t convince you of the uniqueness of the community – which was developed in the 1980s by developer Harold Schwartz and his son H. Selling and buying in The Villages tends to be a highly emotional process, according to local real estate agents.

Real Estate Agent 403

Real Estate Agent Real Estate Realty Agents 403

Housing Wire

MAY 11, 2021

How Opendoor could sell comparably fewer homes in Q1 amid historically high demand and low inventory was not addressed on a Tuesday earnings call. Founded in 2014, Opendoor is a pioneer in cash home-buys moving online, and an alternative to home sellers having to work with real estate agents.

Real Estate Agent 370

Real Estate Agent Real Estate Brokerage Inventory 370

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. So why is this program so rare?

Mortgage 388

Mortgage Loan Officers Government Buyers 388

McKissock

AUGUST 14, 2022

The housing market has cooled since the intensity of the post-pandemic real estate rush, but the seller’s market we experienced has left us with plenty of discussion about what the nation’s housing inventory looks like. Housing Inventory So Low? Why It’s Hard to Meet Housing Inventory Needs Right Now.

Inventory 68

Inventory Construction Real Estate Renovations 68

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 430

Real Estate Agent Real Estate Agents Brokerage 430

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent.

Clients 403

Clients Agents Buyers Sellers 403

Housing Wire

APRIL 19, 2023

The interest in the smaller structures that were hot sellers during the pandemic has ceded ground to a surge in inquiries about ADUs with bathrooms, kitchenettes and the full suite of HVAC, plumbing, and electrical service. Homelight surveyed real estate agents who found ADU ROIs to be neutral to negative, depending on the location.

Buyers 388

Buyers Real Estate Construction Finance 388

Birmingham Appraisal

FEBRUARY 6, 2024

A great skill to have for a real estate agent, or anyone in the real estate industry, is the ability to download sales data from your local MLS and import it into a spreadsheet program like Excel or Google Sheets. This information can be used to advise sellers on how to price in this situation.

Inventory 81

Inventory Real Estate Sellers Buyers 81

Birmingham Appraisal

JANUARY 24, 2024

As someone knee-deep in residential real estate appraisal, I’ve got a nugget of wisdom to share: housing statistics are your not-so-secret weapon for leveling up in the real estate hustle. Quick Lowdown for Real Estate Agents Let’s keep it real—real estate is more than just bricks and mortar changing hands.

Real Estate Agent 67

Real Estate Agent Real Estate Inventory Buyers 67

Lamacchia Realty

FEBRUARY 1, 2022

When sellers hear that they often say : “But what if I can’t find the home I want? They become what we call Worried Sellers. The correct steps to selling and buying a home go like this: Find an EXPERT Realtor and develop a plan. Sellers always have the option to not accept any offers if they don’t meet their needs.

Sellers 74

Sellers Buyers Real Estate Real Estate Agent 74

McKissock

OCTOBER 26, 2020

How can real estate professionals best address this situation? If you’re representing the seller, how can you best exploit that feature of a home, or advise people on how to create areas for work or study if they’re lacking? This is partly because Maine has historically lacked a high inventory of larger properties, he adds.

Buyers 61

Buyers Sellers Agents Real Estate Agent 61

Raleigh Realty

FEBRUARY 19, 2022

and in order to answer that question, you need to understand how Real Estate Agents make money. If you could go back to your first year as a Real Estate Agent, what advice would you give yourself? One of the first questions new Realtors have for me is always 'how much money will I make in my first year?'

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Birmingham Appraisal

SEPTEMBER 3, 2024

In this post, I’ll walk you through five common pricing mistakes that real estate agents and sellers often make and provide practical advice on how to avoid them. Sellers often have a deep emotional attachment to their homes, which can lead them to believe their property is worth more than it is.

Appraisal 52

Appraisal Sellers Real Estate Market Value 52

Lamacchia Realty

JUNE 7, 2023

Understanding your options for a home mortgage will also significantly benefit you in developing your home-buying plans. In a seller’s market, inventory is typically low, meaning there is less competition for sellers and higher offers on homes. The Key to Successfully Buying a Home: Hire an Expert REALTOR®!

Real Estate Agent 74

Real Estate Agent Real Estate Realty Buyers 74

Hank Miller Team

JANUARY 16, 2023

One of the craziest segments of the last two years was real estate. Prices and inventory of course, but the massive influx of "hobby agents" over this period was a lesser covered negative result. The number of real estate agents soared to record highs, as did buyer remorse and complaints.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Sellers 98

Hank Miller Team

JULY 7, 2022

Probably not a bad question as the changes in quarter 2 of 2022 were dramatic, As the Fed fights rampant inflation, buyers are faced with dramatic rate increases and sellers with a comparative lack of activity. The screaming from real estate agents about low appraisals was over done drama. Expect that to change.,

Appraisal 52

Appraisal Real Estate Agent Contracts Real Estate 52

Birmingham Appraisal

JUNE 1, 2022

Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data. Granted, the job of a real estate agent is to get the highest price for their client, but they must still live in the real world by studying historical sales trends.

Agents 52

Agents Marketing Contracts Inventory 52

Housing Wire

APRIL 14, 2022

I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. “Our goal is always to make our clients as appealing as possible to a seller to help increase their conversion of getting their offer accepted. But Woodward struggled to originate purchase loans. “I

Mortgage 525

Mortgage Marketing Retail Lending 525

Housing Wire

FEBRUARY 8, 2024

Real estate farming also includes traditional marketing methods like sending direct mailers, knocking on doors and nailing your locally relevant social media presence. Why should I try real estate farming? If you have a marketing need, it’s got the AI-assisted real estate marketing tool for you.

Real Estate 428

Real Estate Tools Agents Real Estate Agent 428

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. Lower rates are likely to make homeownership accessible to more buyers and it should prompt some potential sellers who are locked in at a rate of 3% or less to list. As of Feb.

Construction 417

Construction Supply Chain Inventory Agents 417

Chicagoland Appraisal Blog

JULY 13, 2017

Gregory and all real estate agents that have had similar experiences have a legitimate problem that they must deal with. If the realtor is not there we can’t ask questions like how was the listing price developed? Did the seller set the listing price? Was the seller or buyer unduly motivated in any way?

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Housing Wire

JANUARY 26, 2024

We’ve all heard the news: over 60,000 real estate agents left the profession in the first half of 2023. Whether you’re newly licensed or an experienced agent who had a productive year — if you’re looking for a change, it’s likely you’ve started receiving emails, letters, and phone calls from all kinds of real estate firms.

Real Estate 430

Real Estate Brokerage Agents Real Estate Agent 430

Houston Properties

JULY 21, 2022

"The Houston Properties Team make real estate transactions a lot less complicated for sellers – they take care of everything AND they get the highest prices and the shortest closings. During Houston’s suburban boom in the 1950s and 60s, development along the Buffalo Bayou also started in earnest.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Listing Spark

JULY 5, 2023

Real estate investors who want to stay nimble in this market (especially as inventory stays low and prices stay meteorically high) need to adopt every tool at their disposal to stay informed and to quickly assess homes just entering the marketplace. Even better, they can reduce the total number of apps you need.

Real Estate 36

Real Estate Investors Tools Property Management 36

Cleveland Appraisal Blog

MARCH 30, 2021

There is a lot of demand out there, with very little inventory. It may be due to inventory levels continuing to drop. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. This is not the only place people are shelling out a lot of bread! .

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

NOVEMBER 30, 2023

Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today. From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent.

Real Estate 430

Real Estate Real Estate Agent Law Inspection 430

Housing Wire

OCTOBER 20, 2023

The world of real estate is constantly in flux, yet one thing remains true: Lead generation is one of the most important requirements for maintaining a successful real estate business. and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door.

Real Estate 430

Real Estate Tools Open Houses Advertising 430

Listing Spark

AUGUST 25, 2022

Home inspections are a critical part of real estate. They impact both buyers and sellers and are key in negotiations and identifying any problem areas in homes. For most buyers and sellers though, they don’t know what they should be looking for in a home inspection. Episode overview. You got to use our title company.

Inspection 36

Inspection Real Estate Construction Sellers 36

Cleveland Appraisal Blog

MAY 13, 2021

In a real estate transaction, everyone has a different view. Real estate agents have a view of what the home should be listed for, based upon their research and experience. THE SELLER’S VIEW. This is the strongest seller’s market I have ever seen. What about listing agents?

Market Value 298

Market Value Appraisal Contracts Buyers 298