Housing Wire

OCTOBER 5, 2021

Housing market inventory is low right now. According to the National Association of Realtors’ existing home sales report in August, inventory was down 13.4% Burns is a luxury real estate agent in Maui, Hawaii and Clark is a patent and intellectual property attorney in the Washington D.C. Historically low.

Real Estate Agent 458

Real Estate Agent Real Estate Agents Marketing 458

Housing Wire

SEPTEMBER 29, 2023

Even with demand buoyed by a sparse housing inventory, growing financial challenges for buyers are forcing home sellers to cut prices to close deals, a new Redfin research report found. On the one hand, there are very few homes on the market, with total inventory down 15% year over year, according to Redfin. the month prior.

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Sellers Buyers Real Estate Agent Inventory 516

Housing Wire

MAY 10, 2021

The severe lack of inventory in today’s housing market has been a source of stress for home buyers and real estate agents alike. HousingWire sat down with Realtor.com CEO David Doctorow to learn how agents and brokers can alleviate some of the frustrations their clients are facing.

Real Estate Agent 466

Real Estate Agent Real Estate Agents Marketing 466

Housing Wire

APRIL 7, 2021

Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. Real estate agents and LOs: the great collaboration.

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Sellers Real Estate Real Estate Agent Loan Officers 518

Housing Wire

SEPTEMBER 30, 2020

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I Hamblen said that there’s about a month-and-a-half worth of inventory in the Long Island market and she is expecting a strong end to 2020.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

MAY 13, 2024

Inventory is still low and that’s exactly why it’s important to target the sellers who are more likely to move. To find the listings right now you need to find the sellers that have to move. To find the listings right now you need to find the sellers that have to move. Who are the must sell sellers?

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Real Estate Agent Real Estate Agents Sellers 452

Housing Wire

JULY 28, 2023

Outsiders to the real estate industry may assume that the tight market has real estate agents hanging up their hats. In reality, today’s agents are seizing the market and feeling confident. Real estate agents are still confident in the industry and the market. The answer is undeniable.

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Real Estate Agent Real Estate Agents Housing Market 370

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

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Real Estate Agent Real Estate Agents Brokerage 446

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. To help you snag more listings, we updated our list of proven strategies to win more real estate seller leads in 2024. Looking for more listing leads?

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Real Estate Sellers Real Estate Agent Tools 444

Housing Wire

MARCH 28, 2024

The past year and a half, with its rising mortgage rates , low inventory, and economic uncertainty, has been a challenge for real estate pros, not to mention the buyers and sellers they serve. In life, we sometimes find ourselves plunging headfirst in t o the unknown.

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Real Estate Agent Real Estate Agents Clients 447

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I For Matt Salway in the Virginia Beach metro area, the tight inventory conditions are creating a rather hot market.

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Inventory Buyers Agents Real Estate 454

Housing Wire

JULY 17, 2023

With real estate inventory at a near-record low, buyers seeking a place to call home are facing stiff competition as bidding wars continue to be commonplace. Secret Service reported a steep rise in seller impersonation in an advisory it issued this year. We can reverse this trend.

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Sellers Real Estate Agent Real Estate Insurance 370

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. In other markets, including the Cleveland district, low inventory levels hindered home prices from dropping further. Cleveland – Residential construction and real estate activity declined further.

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Inventory Housing Market Marketing Construction 446

Housing Wire

JULY 10, 2024

While Northwest Ohio ’s housing market has remained fairly strong in recent months, local real estate agents say things become a bit more complicated when you segment the market by price point. 1 challenge for his buyers is the current inventory situation. It is inventory. For Campos, the No.

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Inventory Buyers Agents Inspection 411

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. Agents Low inventory : 37% of agents identified low inventory as their biggest challenge.

Real Estate 459

Real Estate Housing Market Real Estate Agent Marketing 459

Housing Wire

FEBRUARY 4, 2021

There’s no doubt we’re in a seller’s housing market. With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. More for Real Estate Enthusiasts. Need a real estate agent? Work with an experienced agent.

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

MAY 21, 2024

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. In a statement issued on Tuesday, the MBA said that it welcomes this move from the VA.

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Buyers Agents Real Estate Agent Real Estate 523

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Homes on the market sold four days faster year over year, as total inventory is down 35%. Now, agents are showing and selling nonstop.

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Agents Business Inventory Real Estate Agent 544

Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. While not rated, relationship-building with real estate agents is crucial, especially in light of changes to MLS compensation policies.

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Housing Market Real Estate Agent Marketing Training 480

Housing Wire

MARCH 6, 2023

With the industry cooling down slower than expected, LOs are having to work harder and get creative to overcome the double whammy of surging rates and a lack of inventory. Rising rates will likely scare buyers away from the market, as it makes monthly mortgage payments less affordable, loan officers interviewed by HousingWire said.

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Loan Officers Inventory Real Estate Agent Buyers 397

Housing Wire

APRIL 18, 2024

The inventory of existing homes has been steadily increasing, despite elevated mortgage rates. At the end of March, total housing inventory sat at 1.11 Meanwhile, unsold inventory sat at a 3.2-month More inventory is always welcomed in the current environment,” Yun added. million units, up 4.7% from February and up 14.4%

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Inventory Real Estate Agent Sellers Buyers 435

Housing Wire

SEPTEMBER 10, 2024

Despite this current inventory, Illinois as a whole has experienced a significant decline in available homes compared to pre-pandemic levels. This substantial reduction in inventory has intensified competition among Chicago’s more than 15,000 licensed real estate agents, making it increasingly challenging to secure listings and clients.

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Real Estate Agents Real Estate Agent Sellers 415

Appraisal Buzz

NOVEMBER 22, 2024

Demand for “have-it-all” properties and the “forever dream home” will shape this spring’s luxury housing market, according to the Coldwell Banker Global Luxury 2024 Mid-Year Trend Report , which forecasts growing optimism among affluent consumers and an influx of desirable inventory. of responding specialists agreed. Among specialists, 32.8%

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Buyers Luxury Properties Marketing Inventory 417

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. The inventory put a cap on how much business Marquis’ team can do, which is one of the reasons why Marquis is now licensed in 22 states. In our market here in Boston, we have incredibly low inventory.

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Inventory Marketing Business Buyers 404

Housing Wire

MARCH 18, 2022

The success of iBuyers is the failure of real estate agents. After all, iBuying companies Opendoor , Redfin and formerly Zillow are predicated on home sellers eschewing a listing agent and selling their home to the company. So far, Offerpad’s agents have played a bit role in the company’s growth.

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Agents Real Estate Agent Real Estate Sellers 434

Housing Wire

JANUARY 12, 2024

The lock-in effect is still real but listings are starting to tick up Declining mortgage rates appear to have helped the inventory situation somewhat. But a lot of sellers are worried about finding their next house because even though listings are rising, there’s still a housing shortage.

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Real Estate Agent Sellers Inventory Mortgage 493

Housing Wire

SEPTEMBER 9, 2024

This places Miami among the top-tier real estate markets in the country, attracting both local and international buyers and driving intense competition among real estate agents. The limited inventory and high demand in this ZIP code contribute to its considerable property values. As of Sept.

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Real Estate Agents Marketing Real Estate Agent 429

Housing Wire

MARCH 15, 2024

Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. You should be finding buyers before real estate agents anyway.”

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Buyers Agents Mortgage Real Estate Agent 514

Housing Wire

SEPTEMBER 9, 2024

Previously, the Revive Vision AI platform was only available to registered real estate agents. Jaggi believes the tool will help unlock housing inventory as it will provide sellers with insights into how to maximize their home’s value and help them make informed renovation decisions before listing their property.

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Valuation Tools Renovations Real Estate Agent 437

Housing Wire

SEPTEMBER 17, 2021

The bidding wars that put smiles on the faces of sellers and simultaneously drove buyers to rip their hair out weren’t as frequent in August, according to the latest report from brokerage Redfin. The report attributes this decrease to the normal seasonal slowdown, causing the shortage of inventory to slow as well. million and 1.92

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Buyers Inventory Real Estate Agent Sellers 468

Housing Wire

DECEMBER 10, 2024

The turbulence in rates has trickled down to individual markets like Cincinnati, where real estate agents say they dont know what to expect from sale to sale. Its unpredictable, said Teena Jackson, a Redfin agent in Cincinnati. Its a symptom of a market thats transitioning away from sellers.

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Housing Market Marketing New Listings Sellers 365

Housing Wire

MAY 30, 2024

Ironically, the technology he’s developed can be a benefit to real estate agents as well. When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. SW: Why did you want to develop this platform?

Real Estate Agent 447

Real Estate Agent Real Estate Sellers Technology 447

Housing Wire

DECEMBER 8, 2020

Seattle is currently a hot market – in October, there was less than a month’s worth of inventory and pending home sales outpaced supply. Redfin said its real estate agents have helped clients in Seattle and the Bay Area buy and sell homes since 2006, with a listing fee as low as 1%. .

Real Estate Agent 493

Real Estate Agent Real Estate Agents Brokerage 493

Housing Wire

APRIL 5, 2024

While the San Francisco-Oakland-Fremont housing market may be decently hot, local real estate agents feel that it could be hotter. There has been a little bit of a downturn, it was a little bit frothier earlier in the year,” said Andrea Gordon , an Oakland-based Compass agent.

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Housing Market Marketing Inventory Sellers 455

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. It wasn’t so long ago that experts said the internet would drastically bring down agent commissions. I briefly considered a “listing only” agent , but chickened out.

Agents 435

Agents Real Estate Agent Brokerage Real Estate 435

Housing Wire

JANUARY 5, 2024

As a real estate agent , it’s essential to stay aware of significant changes in interest rates and how they may affect market conditions so you’re better equipped to advise your buyers and sellers on everything from housing affordability to availability.

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Real Estate Agents Marketing Sellers 468

Housing Wire

MARCH 27, 2024

Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price. The VA didn’t immediately respond to HousingWire’s request for comment.

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Buyers Real Estate Agent Inventory Real Estate 476