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Realestate agents often make the mistake of believing their clients will remember them forever but they dont. One of the easiest and most cost-effective ways to stay top-of-mind with clients and prospects is by consistently delivering value in an informative, helpful realestate newsletter. So, where do you start?
There is an endless supply of realestate statistics out there, but what the heck do you do with all of them? Stats are the fuel to the fire of the realestate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them.
Believe it or not, good old-fashioned postcards are still one of the most effective realestate marketing strategies. Even though most agents focus their marketing efforts online, people start thinking about finding a realestate agent well before they hit ENTER on their first Google search. But where do you start?
The housing market in the state of Florida saw higher median home prices, more realestatelistings and a higher number of active listings during the month of January, according to data released Thursday by Florida Realtors , a state-based trade organization for realestate professionals.
In a footnote on the seventh page of the filing, the DOJ decided to offer some clarity on its current feelings about the National Association of Realtors (NAR) Clear Cooperation Policy (CCP). Implemented in May 2020, under CCP, listing agents have 24 hours from when they begin marketing a property to list it on their local MLS.
RealEstate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the suit. RealEstate Tech Demo Hour. billion visits.
If you want to thrive this year, choosing the right realestate apps is crucial. To help, we reviewed hundreds of options to put together this list of the best realestate apps for 2024.
After the National Association of Realtors settlement changed how commission is paid, there was some fear among agents that buyers and sellers might forgo their services in favor of handling the transaction themselves. Address them by name, and refer to their realestate goals in your communication.
In a new episode of the “RealEstate Insiders Unfiltered” podcast, John Campbell — managing director at Stephens Inc. and an equity research analyst — joins hosts James Dwiggins and Keith Robinson to chat about last month’s major changes for the realestate industry.
Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.
To help, I put together my best strategies for realestate social media marketing that still work in 2024, common mistakes to avoid, how to choose which platforms to focus on, and my favorite free and paid social media tools that can cut your work in half. Social media gives you the perfect opportunity to build a brand that resonates.
And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, realestate agents need to master social media or they might miss out. Be sure to label on the photo or video that your post is a newlisting, as people may miss the caption while scrolling.
While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of newlistings by February 2025. This shift is prompting realestate professionals and consumers alike to reevaluate implications of this marketing approach.
Texas residents interested in becoming a realestate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. We estimate that it’ll take three to six months to get up and running as a licensed realestate agent in the Lone Star State.
Pre-market and off-market listings have caused some controversy in the realestate industry. Some agents call any non-MLS listings “ pocket listings.” Sellers must provide explicit consent for an agent to privately share their property. Final Offer currently operates in 11 U.S.
New findings from the National Association of Realtors (NAR) show a fresh picture of who’s buying and selling homes, with more first-time buyers entering the market and families looking for homes that fit multiple generations. For realestate professionals, the changing landscape is a call to action.
Our comprehensive guide to the best realestate marketing tools provides you with a helpful assortment of easy-to-use, effective marketing products to turn your business into a revenue engine in 2024. We know — you didn’t get into realestate for the love of marketing or tech.
Georgia MLS the Peach State’s largest realestate marketplace announced on Wednesday that it will partner with 12 local MLSs to enhance data access for all parties under one listing platform. But home sales in December outnumbered newlistings, following a two-month trend driven by the so-called lock-in effect.
Data from Altos Research shows that newlistings and pending home sales have fallen off a cliff since the storm’s formation. Newlistings in Tampa were at 775 on Sept. The strength of the storm has prompted officials to call for an evacuation, one that has already had a stark impact on the city’s housing market.
year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 newlistings.”.
According to Zillow ’s annual predictions, Indianapolis will be the fourth-hottest realestate market of 2024, thanks to its solid economy, housing inventory, affordability and pent-up demand. The top three spots in the ranking were Buffalo, New York, and Cincinnati and Columbus, Ohio. The realestate market As of Jan.
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 realestate agents are busier than ever. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.
But the virus has had anything but a negative impact on realestate in El Paso. According to multiple realestate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Thank goodness Realtors were deemed essential.”.
After an initial rush to get to market in Q2 2022, newlistings volume fell precipitously. In July 2022, newlistings volume per week dropped from 90,000 at the end of June to approximately 74,000 just after the July 4th holiday. It’s simple: When money is very cheap, we want to own realestate.
“Whether you’re a loan officer like me, or a Realtor, we’re all pretty worried about income,” he said. Newlistings and pending home sales data from Altos Research captured the housing markets around Asheville coming to a screeching halt. There were 775 newlistings in Tampa on Sept.
Moderation in mortgage rates led to a pickup in demand for residential realestate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.
Berg told ALTA One attendees that they should be particularly wary of escrow account “shenanigans” and that they need to keep tabs on how builders and realestate agents are shifting funds around through escrow accounts. Our realtor partners are hurting,” Berg said.
Realestate focused artificial intelligence firm Restb.ai Through this new partnership, all Black Knight Paragon MLS platform users will have access to the Restb.ai into Black Knight’s MLS platform will radically transform how MLS subscribers interact with MLS Listing data. Building Restb.ai
Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing realestate environment. “In We found that more than 99% of newlistings in March included offers to pay the buyer’s agent.
“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch newlistings pop up every 10 minutes. We couldn’t even see it. It is so hard to compete with that.”
The brokerage claimed on its second-quarter 2024 earnings call that it’s experiencing virtually no changes in commissions despite the $418 million settlement agreed to by the National Association of Realtors (NAR) following a string of lawsuits related to buyer commission rules. “It or more.
If you sold a home and paid a commission to a realestate agent, you may be part of class action settlements,” the postcards read. We’ve signed 47 newlistings year to date, and we’ve had plenty of conversations with other sellers that we didn’t sign, but there are a lot more conversations surrounding transparency,” Posnick said.
Indianapolis-area Realtor Annie Caruso, a founding member of Circle RealEstate, had a buyer coming from the Chicago area for just these reasons. Markets in Indiana could see a burst of new activity because of mortgage rates. So, now is really a good time because you don’t have as much competition,” he added. ”I’ve
Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5% The KAAR also said housing inventory dropped for six straight months to start the new year.
The National Association of Realtors Confidence Index Survey for April reveals how hot the housing market is. Per the report, homes that sold had five offers on average , and nearly 50% of homes sold for more than their list price during the four weeks ending May 16. The pandemic continues to impact how people live and work.”
million existing homes were sold, according to the National Association of Realtors. On the bright side, newlistings rose 2.2% economy looking more encouraging in 2024, 57% of the respondents to the Bloomberg MLIV Pulse survey perceive realestate as a more attractive investment than it was last year.
bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin realestate agent based in Southern California. million homes, according to the National Association of Realtors. million and 1.92
“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf RealEstate. “We Smith attributes the uptick in inventory to a bump in newlistings.
according to data released Friday by the National Association of Realtors. Yun noted that newlistings are down compared to a year ago, as many existing homeowners do not want to give up the 3.0% The new normal for mortgage rates could be around 7% for a while,” Yun added. in September.
One of the most important housing market stories in recent weeks has been the decline in newlistings , which has slowed the growth rate of total inventory. Redfin : Realtor.com : Altos Research : Clearly, we are seeing a slowdown in newlistings as the data has been negative now for months. What does this mean?
This is a demand-driven slowdown, because newlistings supply is still running 9% to 10% fewer homes for sale each week than this time last year. We’re seeing fewer new sellers each week, but inventory is building as homebuyers wait to see if mortgage rates will come down to make purchases more affordable. from last week.
During the delayed marketing period, the seller and their agent can market the property however they would like so long as the listing does not appear on IDX feed or is syndicated from the MLS.
million, according to a report from the National Association of Realtors (NAR) released Friday. In a typical spring market, sellers lead buyers, with newlistings coming on the market in the early part of the year before buyers start thinking about shopping,” Sturtevant said. from November to a pace of 4.02
To get a sense for what the mood is among realestate agents right now, look no further than Portland , Oregon. On a 90-day rolling basis, newlistings have dropped from 630 in early July to 530 in mid-September as sellers have decided to hold off on marketing their homes. 25 statewide in 2023 transaction volume.
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