Appraisal Buzz

FEBRUARY 5, 2025

Rising Housing Inventory and a Potential Flood of Buyers With housing inventory rising 30 % over the past six months and new and existing homes currently topping 4.7 months of inventory, lower interest rates could entice a wave of new homebuyers who have been waiting on the sidelines for the past two years.

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Marketing Loan Officers Training Technology 221

Housing Wire

APRIL 1, 2025

agents; SellIt.com, a sales training subscription program; and S.MPLE, a proprietary AI workflow automation platform.SERHANT. Studios, which produces the content utilized by SERHANT. is its own sales technology incubator and accelerator.

Real Estate 344

Real Estate Brokerage Real Estate Agent Technology 344

Housing Wire

MARCH 3, 2025

Brokers you better be training your people correctly, so you don’t get a negligence or misinformation claim, Dwiggins wrote in another post. In a recent LinkedIn post , NextHome CEO James Dwiggins noted that Off MLS or Office Exclusive listings could be at the center of future class-action litigation against brokers and agents.

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Legal Sellers Realtors Agents 386

Housing Wire

JULY 26, 2024

However, agents are grappling with significant challenges, including low inventory, high interest rates and inflation, getting listings and a step further dealing with reluctant buyers and sellers. Brokers are focusing heavily on agent training and support, aiming to boost productivity and retain top talent.

Housing Market 482

Housing Market Real Estate Agent Marketing Training 482

Housing Wire

JANUARY 30, 2025

So, even as you’re thinking about housing inventory , I can’t imagine a large number of baby boomers are building. This is because theyre literally trained in school to find the biggest problems and identify them. They have quality concerns, specifically with how they’re built today, he said.

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Housing Wire

APRIL 19, 2024

.” Icenhower was selected as a 2023 Marketing Leader for revolutionizing the way real estate agents, teams and brokerages can access high-level training on marketing through his latest creation, the ICC Custom Training Suite. What has changed the most in the past 12 to 18 months within the industry?

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Training Real Estate Agent Real Estate Agents 448

Housing Wire

NOVEMBER 29, 2021

I can tell you that these people don’t have the training to read housing or economic data correctly. “This solid buying is a testament to demand still being relatively high, as it is occurring during a time when inventory is still markedly low.” Remember, be the detective, not the troll. .

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Inventory Contracts Training Investors 532

Housing Wire

OCTOBER 4, 2024

Training agents on new business practices : 16% noted this as a concern. Agents Low inventory : 37% of agents identified low inventory as their biggest challenge. Challenges facing the industry The challenges identified by respondents highlight several areas of concern. Lender stability : 8% expressed concerns here.

Real Estate 459

Real Estate Housing Market Real Estate Agent Marketing 459

Housing Wire

APRIL 5, 2024

Headwinds like mortgage rates , low inventory and rising rents are still strong, but easing,” Zillow Senior Economist Orphe Divounguy, said in a statement. The housing train is slowing down just enough to give more first-time buyers an opportunity to hop on board,” Divounguy said.

Housing Market 482

Housing Market Marketing Training New Listings 482

Housing Wire

NOVEMBER 4, 2021

Top markets for affordable renovated housing inventory. So outreach for training construction workers should start when people are considering career paths, as early as grade school, Brady said. Around one-third of construction workers are immigrants, and a growing number — now about 11% — are women.

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Construction Renovations Training Development 529

Housing Wire

FEBRUARY 4, 2021

And while borrowers are scrambling to snag what’s left of record low inventory, LOs came out on top. But LBA Ware Founder and CEO Lori Brewer said loan teams should be cautious as signs the refi train slowing down are starting to show. “As That’s a 63% increase and a whopping million dollars more per person than seen in Q4 2019.

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Mortgage Lending Training Inventory 542

Housing Wire

JULY 17, 2024

According to ATTOM, we are already seeing quite an uptick in default and foreclosure activity , and we will likely see even more REO business in the coming years when one considers the continuing trends of low housing inventory and a competitive marketplace.

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Real Estate Training Agents Buyers 493

Housing Wire

NOVEMBER 19, 2020

Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. Inventory across the Carolinas remains tight, making the markets we serve extremely competitive and creating multiple offer situations,” said Eb Moore, CEO of Wilkinson ERA Real Estate and ERA Live Moore.

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Real Estate Tools Inventory Training 435

Housing Wire

MARCH 5, 2025

SB: Some of the challenges are affordability, lack of housing inventory and slow sales. Home sales are going to increase, inventory is going to increase, and all of a sudden you’re going to have rates come down and all those things could theoretically happen all at the same time.

Loan Officers 435

Loan Officers Clients Business Technology 435

Housing Wire

JANUARY 7, 2025

Here is a rundown: Real estate brokers top 5 challenges Increasing per-agent production Reducing operational expenses Pressure on net/gross margins Training agents on new business practices Interest rates Mortgage professionals top 5 challenges Interest rates Lead generation Home prices Lack of housing inventory Loans falling through Real estate agent (..)

Housing Market 370

Housing Market Real Estate Agent Marketing Real Estate 370

Housing Wire

SEPTEMBER 28, 2023

The allure of the name recognition of large national brands is causing many independent brokerages to affiliate as mortgage rates rise and housing inventory remains low. It’s very difficult to be an unaffiliated brokerage right now and compete with franchises who offer technology and training.

Brokerage 435

Brokerage Technology Agents Training 435

Housing Wire

NOVEMBER 4, 2020

Servicers are holding foreclosure inventory due to the moratorium, causing delayed maintenance and a backlog of evictions and foreclosures in courts. VRM can: Be on hand to cost-effectively address specific inventory challenges and assist with a solution for resolving expired forbearances.

Lending 395

Lending Clients Investors Training 395

Housing Wire

DECEMBER 22, 2023

For sale inventory and months’ supply : The seasonally adjusted estimate of new houses for sale at the end of November was 451,000. It’s time to get off that train and get back to a pro-housing stance. Now, with core PCE inflation running at 2% on the 3- and 6-month average, it is time for the Fed to be pro housing again.

Mortgage 529

Mortgage Marketing Construction Inventory 529

Housing Wire

DECEMBER 3, 2020

Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents. “In this low inventory market, Knock Home Swap gives our sellers the edge in buying their dream home while allowing them to control their sales process.”

Marketing 435

Marketing Real Estate Tools Training 435

Housing Wire

AUGUST 30, 2022

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Housing inventory issue with no booming demand. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5

Inventory 397

Inventory New Listings Law Housing Market 397

Housing Wire

AUGUST 21, 2020

months worth of inventory and the median days on the market are 17. Even though there’s maybe a little bit more inventory right now it’s actually making our markets even stronger. million, and the average sale price is $1.72 million, making the sale-to-list ratio more than 100%.

Agents 493

Agents Real Estate Inventory Buyers 493

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. Attend training workshops, webinars, and conferences to acquire new skills and knowledge that can help you stay ahead of the competition.

Real Estate Agent 468

Real Estate Agent Real Estate Agents Clients 468

Housing Wire

MARCH 5, 2021

Mentor appraisers have begun letting their apprentices go earlier and earlier in the training process, Reese said, simply due to financials – the mentor isn’t make as much money on a job if a trainee is with him. “So, trainees go out into the field with little training and the mentors don’t even break even. .

Appraisal 459

Appraisal Valuation Training Technology 459

Housing Wire

JUNE 17, 2022

They had a young executive team who valued fresh ideas and were not afraid to train inexperienced novices like me. Amanda Hill: There will be a lot of eyes on rising mortgage rates and inventory of available homes for sale.

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Modernization Inventory Tools Lending 396

Housing Wire

MAY 8, 2024

We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said. Third, Compass agents have doubled down on training to help them better communicate their value proposition. Reffkin noted that the firm is on track to remain free cash-flow positive throughout the rest of 2024. “We

Agents 468

Agents Real Estate Brokerage Clients 468

Housing Wire

JUNE 28, 2024

There are other things that humans still need to do, but the more that companies can make those tasks “lower skill” and easier to train around, the more scalable and nimble the organization can be as the market changes. It is very easy to add steps to a process, and overwhelmingly difficult to subtract them.

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Lending Mortgage Technology Training 416

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. “Our lead conversions and usage rates are high, and we pride that by keeping it simple and going above and beyond in our support & training resources.”. Many real estate professionals discount the seller lead.

Real Estate 448

Real Estate Valuation Brokerage Clients 448

Housing Wire

FEBRUARY 21, 2024

As interest rates ease and housing inventory stabilizes, mortgage companies are likely to start ramping up their recruiting strategies. Brandon Weiss, CEO of EscrowTab, hired Hall soon after she completed her training. After a few conversations with Paul, I knew that I wanted to join Axis.”

Housing Market 461

Housing Market Mortgage Marketing Real Estate 461

Appraisal Buzz

MAY 20, 2024

A seller’s market indicates demand is high and inventory is low, while a buyer’s market means inventory is high and demand is low. In a low inventory situation, numerous people may be interested in a single listing. Due to such low inventory in a buyer’s market, you may have more looming closings.

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Housing Wire

JULY 25, 2022

Communication, borrower education and training of consumer-facing staff are all critical elements to ensure your servicing operation is properly prepared to help borrowers as they exit forbearance plans. Mississippi had the highest rate of serious delinquency of 2.43% in June. Louisiana followed at 2.11% and Alabama was third at 1.77%. .

Mortgage 370

Mortgage Training Lending Inventory 370

Housing Wire

FEBRUARY 15, 2023

Combined with declining rates and a lack of inventory in his market, Steinway said a seller’s market has returned. It’s really not so much interest rates that are keeping them away as it is the actual inventory,” he said. “People were inquiring about getting a loan with me on my very first day,” Steinway said.

Mortgage 370

Mortgage Loan Officers Lending Retail 370

Housing Wire

DECEMBER 16, 2021

Knock’s reckoning with loan officer pay comes amid a historic housing inventory shortage and fewer deals , though Knock itself is growing. More broadly, the mortgage refinancing gravy train has skidded off the tracks for several lending companies. It began 2021 in 14 markets and is now in 70. Knock does not do refinancings.).

Loan Officers 418

Loan Officers Real Estate Agent Real Estate Agents 418

Housing Wire

MAY 2, 2024

The expensive and limited housing inventory today has created a scarcity mentality, that has Realtors struggling to provide appropriate housing for an aging population. We need Realtors trained in matters of aging-in-place, who are committed to guiding senior buyers into buying decisions that will provide housing security for the long-term.

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Realtors Training Real Estate Design 448

Housing Wire

JANUARY 22, 2025

According to Carter, CRMLS members were trained on this prior to the implementation of CCP in the spring of 2020. Such a strategy would also benefit the brokerage by pressuring buyer agents from competing firms to leave their current brokerages and join the firm controlling the hidden inventory, Carter wrote.

Brokerage 391

Brokerage Sellers Advertising Real Estate 391

Housing Wire

OCTOBER 1, 2022

For non-appraisers, the greatest challenge was lack of inventory , with 66% of respondents selecting this response. Other top challenges cited by appraisers were expanding regulations/interpretation of regulations (30%), pressure from real estate agents/brokers (27%), fee pressures (27%), and high demand for appraisals (26%).

Appraisal 418

Appraisal Real Estate Agent Valuation Training 418

Housing Wire

MAY 24, 2024

We also are continuing to evolve our learning programs to make sure that we are helping them have the real time training that is needed to navigate the changes that are happening. BH: As you said there is an incredible amount of brand recognition with the Better Homes and Gardens brand.

Agents 448

Agents Real Estate Training Tools 448

Housing Wire

JANUARY 13, 2023

While a lack of inventory still remains an issue, Cohen expects first time buyers to come back to the market now that they’ve become more realistic with mortgage rates and rents soaring. “I I really think until we see inventory move in our favor, it’s still going to be a tough market for a buyer. After originating $1.66

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Buyers Housing Market Marketing Real Estate Agent 418