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Denver’s housing market takes sharp turn toward buyers

Housing Wire

Denver-based Realtor Bret Weinstein took on a client whose house had been on the market for 60 days. The loss of population has softened housing demand, as has the rapid rise in mortgage rates that began in the spring of 2022. Despite dropping the price to $625,000 from $650,000, it sat for another 45 days with no offers.

Buyers 467
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Buyers viewed just eight homes before making their purchase

Housing Wire

In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to a report by the National Association of Realtors , published on Tuesday. According to NAR , low inventory is partly to blame for the homebuyers looking at fewer homes than before.

Buyers 448
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Getting back to basics: Creating success in today’s market

Housing Wire

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. Who are the top realtors in the area? Attend open houses, connect with local realtors, and engage with potential clients.

Marketing 367
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The ultimate guide to real estate lead generation ideas for  2023

Housing Wire

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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9 innovative strategies to get more real estate seller leads in 2024

Housing Wire

With low housing inventory nationwide, agents are using innovative ways to find real estate seller leads and convert them into listings. According to the National Association of Realtors ® (NAR), 70% of broker/broker associates and 69% of sales agents have a website. When you buy through our links, we may earn a commission.

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17 Realtors® Go Back in Time: First Year Real Estate Advice

Raleigh Realty

One of the first questions new Realtors have for me is always 'how much money will I make in my first year?' How much commissions you make in your first year as a Realtor will be entirely dependent on you and how much business you're able to generate. I worked open houses, made daily calls to my database, and focused on my “sphere”.

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

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.”

Buyers 514