article thumbnail

How to become a luxury real estate agent

Housing Wire

You might be ready to take on the luxury real estate market! I’ll show you what it takes to succeed as a luxury real estate agent in any market. How do you convince the sellers of $15 million homes to work with you? Visit Agent Image 3. Don’t try to do everything or be everything to everyone!

article thumbnail

Revive launches AI-powered listing tool for real estate agents

Housing Wire

Some of the key features of this tool include: Current condition home value: An estimate of the market value of the property in its present state. Future ARV (after-remodeled value): The projected market value post-renovations. Potential score: A rating indicating the property’s potential for increased value.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Survey: Cluttered Yards and Neighbors’ Junk Can Slash Home Values

Appraisal Buzz

It might go without saying that a junk-cluttered yard does a home seller no favors—in fact, six in 10 real estate agents estimate that an unkempt front yard decreases a property’s value by 20% or more. What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit?

article thumbnail

Savvy real estate agents look beyond ChatGPT

Housing Wire

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job?

article thumbnail

How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

article thumbnail

Education and problem solving are keys to reverse for purchase business, agents say

Housing Wire

But for real estate agents who have engaged with the H4P program, there is a true opportunity to cultivate strong business, according to two agents who spoke with HousingWire s Reverse Mortgage Daily (RMD). Part of that, she said, stems from higher home values in California.

Agents 397
article thumbnail

Climate risk is rising. It calls for a rethinking of home insurance coverage

Housing Wire

Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators. In California, where more than 7,000 wildfires occurred last year, the typical homeowner in many ZIP codes paid premiums as low as 0.05% of home value, according to the Times.

Insurance 482