Housing Wire

APRIL 22, 2024

Many of us are in sellers’ markets with very low inventory. Inventory is extremely low, and the competition is fierce. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. What a great way to receive referrals for life! While some agents choose to handwrite these, it can be time-consuming.

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Real Estate Open Houses Brokerage Real Estate Agent 467

Housing Wire

OCTOBER 20, 2023

and dwindling inventory in most states, today’s brokers must get creative to keep a fresh pipeline of homebuyers coming through the door. Share community news, events, yard sales and, of course, any Open Houses hosted by you, your team or brokerage. To maximize their potential, develop a well-thought-out strategy.

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Real Estate Tools Open Houses Advertising 448

Housing Wire

OCTOBER 21, 2020

Across the different markets, the agents consistently reported bidding wars amid heightened demand for single-family homes, low inventory and an increase of buyers fleeing big cities. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In Once COVID-19 caused much of the U.S.

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.

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Mortgage Loan Officers Inventory Business 476

Housing Wire

JANUARY 9, 2025

One major benefit to agents of working with sellers is the incredible marketing opportunities that come with each listing: a sign in the yard, open houses, social media content, door knocking in the neighborhood these are just a few of the many ways to leverage your MLS listings to find more clients. Host a broker open house.

Sellers 397

Sellers Real Estate Agents Real Estate Agent 397

Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot.

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Loan Officers Mortgage Buyers Inventory 448

Housing Wire

MAY 21, 2024

Research local market trends Stay informed about local market trends, such as inventory levels, demand, and median home prices. Attend open houses and talk to other homeowners to get a sense of the market dynamics in the area.

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Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

MARCH 22, 2024

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. I’ve been building my social media presence consistently for about three years now and am finally at the point where people recognize me in my neighborhood, at open houses, and at Realtor® events.

Real Estate 448

Real Estate Sellers Real Estate Agent Tools 448

BiggerPockets

APRIL 28, 2024

When housing inventory is low, where do you go? Foreclosure rates are down, short sales are a hassle, and the open housing market has barely any sellers—is there a better […]

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Inventory Real Estate Open Houses Sellers 90

Housing Wire

MARCH 15, 2024

These efforts include having open house programs to help seller agents and co-marketing home listings with these professionals, using social media to reach borrowers, and sometimes buying leads, according to Kortas. Having to be somebody’s confidant and advisor on the real estate part would be “tough.”

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Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

NOVEMBER 20, 2024

The state of the market Even with some rate relief anticipated over the next year, the combination of limited inventory and the lock-in effect means there won’t be a lot of movement. Attend open houses, connect with local realtors, and engage with potential clients. All this is true, but it’s no reason to make excuses.

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Marketing Loan Officers Realtors Business 370

Housing Wire

DECEMBER 6, 2024

Or omit the MLS link and tease out the listing with stats and photos in your newsletter, and invite your audience to contact you directly for more information.

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Real Estate Clients Tools Sellers 397

Housing Wire

AUGUST 28, 2020

Used in conjunction with listing presentations, these tools take recent sales, current inventory and list pricing, market absorption and a variety of other factors into account to help you determine the right price. By far the most popular conversion tools out there are Comparative Market Analysis tools. It can also do a lot more than that.

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Tools Sellers Real Estate Contracts 365

Housing Wire

FEBRUARY 8, 2024

Real estate farming tools Whether hosting open houses, first-time homebuyer workshops or seasonal neighborhood events, these tools will help you become a go-to local expert. Current inventory: Monitor the current homes available for sale, including the types of homes, price ranges and unique property features.

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Real Estate Tools Agents Real Estate Agent 446

Housing Wire

NOVEMBER 2, 2023

They don’t just cater to new agents: lead generation companies can also complement traditional lead generation methods — open houses, home buying seminars and referrals, to name a few — thereby helping to build your pipeline of leads. Choose the option that best fits with your personality.

Real Estate 459

Real Estate Real Estate Agent Tools Agents 459

San Jose Real Estate

APRIL 5, 2022

Inventory is low, and home buyers are swarming open houses. Today I want to provide some open house tips for home buyers so that you don’t damage your odds of success should you want to write an offer on it later. When visiting the open house, the listing agent may be assessing you while you […].

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Open Houses Buyers Inventory Agents 36

Lamacchia Realty

APRIL 7, 2025

Market adversity is showing up clearly: inventory of both single families and condos is rising due to an uptick in listings, while pending and closed sales are dropping. As closed sales follow pending sales, this is the predominant reason why inventory is rising. There are 5 considerations when pricing a home.

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Bracketing Realty Contracts Inventory 55

Cleveland Appraisal Blog

APRIL 15, 2021

Although certain things, such as crowded open houses, will be off-limits for the time being, it’s still entirely possible to buy a new home. In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio.

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Appraisal Real Estate Real Estate Agent Tools 195

D Fritz Appraisals

JULY 15, 2020

Live-streamed open houses, virtual walkthroughs, masks and sanitizer waiting at listed homes became common as the first weeks wore on. Competitive/ multiple offers have also become common due to limited inventory. The Vancouver Island Real Estate Market Bounces Back. Despite a slow spring, home prices continued to rise.

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Real Estate Valuation Inventory Insurance 148

Housing Wire

JANUARY 10, 2024

While lead generation companies are one option, agents also obtain leads through traditional avenues like referrals, open houses, community events and their personal networks. Real estate agents acquire leads from multiple sources.

Real Estate 447

Real Estate Real Estate Agent Tools Contracts 447

Housing Wire

APRIL 21, 2022

Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. “They’re stressed on so many fronts right now.”. That’s $307,000 in non-construction costs.

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Construction Supply Chain Investors Business 418

Empire Appraisal Group

JANUARY 4, 2023

The start of the year, of course, is when homeowners and real estate agents start to bring new inventory to market. Even if sellers don’t come out in quite their usual numbers this year, there may still be enough additional inventory to push home prices down. It would take just 3.3 Seniors who need to move for health-related reasons.

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Inventory Open Houses Sellers Real Estate 78

Lamacchia Realty

SEPTEMBER 12, 2024

As the fall season approaches, the interest rates are expected to continue to go down as well as there being more inventory within the market for buyers. At the same time, if interest rates go down, we might have more buyers staying in the market.” … It’s great for buyers.”

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Inspection Decorating Realty Sellers 73

Lamacchia Realty

JANUARY 4, 2022

Obtain a mortgage pre-approval before going into any open house. Settling Because You Think There’s Nothing Better In a typical year, the inventory of homes on the market fluctuates as the year progresses. In 2021, buyers continued to see low inventory and high demand and as we head into 2022, we will see much of the same thing.

Buyers 74

Buyers Agents Inventory Sellers 74

Zillow

SEPTEMBER 12, 2019

Old inventory may mean deals. You’ll likely notice fewer buyers at open houses, which could signal a great opportunity to make an offer. The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves - and this slower pace could be good for buyers.

Sellers 67

Sellers Open Houses Buyers Inspection 67

Lamacchia Realty

OCTOBER 17, 2024

Inventory of homes listed reached a record low by July of 2023 , and mortgage rates increased dramatically, diminishing buyer affordability. Now in 2024, the inventory of homes has been steadily rising, but mortgage rates have recently dipped, so the real estate landscape is still readjusting itself from the frenzied pandemic market.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Lamacchia Realty

JUNE 21, 2021

For almost 12 months, the market inventory has been so low that buyers have become used to bidding wars. It was rare to find a properly priced home for sale that wasn’t receiving multiple over-asking offers after a mobbed open house. This means that more inventory is lingering on the market now that more homes are being listed.

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Inspection Buyers Inventory Sellers 69

Lamacchia Realty

JUNE 10, 2022

For the first time in years inventory is at the same level as the year prior as depicted in the chart above, and single families are higher as depicted in the chart below. With fewer buyers comes fewer home sales over time, so then inventory will build back up which will provide another thing you’ve been missing: selection.

Marketing 69

Marketing Sellers Buyers Inventory 69

Lamacchia Realty

APRIL 7, 2025

Market adversity is showing up clearly: inventory of both single families and condos is rising due to an uptick in listings, while pending and closed sales are dropping. As closed sales follow pending sales, this is the predominant reason why inventory is rising.

Bracketing 55

Bracketing Sellers Realty Contracts 55

Inman

NOVEMBER 15, 2023

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market.

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Clients Agents Marketing Open Houses 173

Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

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Housing Market Bracketing Marketing Sellers 69

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

Bracketing 74

Bracketing Marketing Sellers Buyers 74

Assurance Financial

MAY 10, 2022

Though many individuals are interested in purchasing a home, the inventory of available properties is low. Sellers have an advantage in this housing market since the lack of available homes creates more competition among buyers. Increasing prices and decreasing inventory often indicate a seller’s market.

Marketing 69

Marketing Real Estate Agent Sellers Buyers 69

Lamacchia Realty

OCTOBER 13, 2021

Open minds are key. It is the age of technology, so most buyers see lots of homes online before ever setting foot in an open house or a private showing. While we’ve seen some relief from historically low inventory levels from last year through this past spring, buyers are still dealing with higher competition.

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Buyers Realtors Realty Open Houses 69

Lamacchia Realty

MARCH 26, 2024

As you can see in the chart below, Florida has the highest shift in rising inventory over the past twelve months. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023. Source Inventory rises when more sellers are listing than buyers are buying.

Bracketing 73

Bracketing HOA Sellers Buyers 73

Lamacchia Realty

AUGUST 3, 2021

Inventory is still very tight despite a slight increase, and as you can see in the chart below from our Massachusetts Updates page , the percentage of homes placed under agreement out of total inventory is still higher than it ever has been but its noticeably lower than it was in the first six months of the year.

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Bracketing Sellers Buyers Inventory 69

Lamacchia Realty

MARCH 17, 2022

A lot of people are wondering about how the current situation impacts otherwise normal questions about inventory and when the right time would be to list. Inventory started low in 2020, and then dropped even lower in March 2020 during the stay-at-home mandates.

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Sellers Realtors Buyers Inventory 74