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Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional realestateagent is the best way to sell. Of the 73% who said they preferred using agents, 67% believe traditional realestateagents are still the best option and 6% favor discount agents.
To help, we reached out to realestateagents nationwide to compile our list of the best books for realestateagents. Paperback Audiobook The Happiness Advantage by Shawn Achor I heard Shawn Achor give a keynote speech at a realestate conference several years ago, and his ideas have stuck with me.
While new social media platforms seem to pop up all the time, Facebook remains a tried-and-true platform for realestateagents to grow their business in a variety of ways. Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Join Introverts in RealEstate 7.
The role of the realestateagent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. This was unambiguous among homebuyers.
Despite all of the changes Abel anticipates will occur he said he firmly believes that the realestateagent will remain “an important part of these transactions.” “It ” He also shared that he has never negotiated down an agent’s commission, despite his last home sale fetching an over $7 million price tag.
In a world enamored with all things digital and AI , one would think that realestateagents don’t serve any purpose, but it’s totally untrue. Moreover, the concept remains a central theme of some arguments contained in the plethora of lawsuits that are now carpet bombing the realestate industry.
Commissions paid to realestateagents representing buyers have remained essentially unchanged since new rules on commissions went into effect on August 17 , according to a new analysis from Redfin. Click here for more on Redfin’s analysis of realestateagents and commissions since NAR’s new rules took effect.
Realestateagents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs.
By completing these courses, agents can stay up to date with industry standards and best practices, further enhancing their efficiency and effectiveness in managing transactions and serving clients. Improved Operational Efficiency: Streamlined administrative tasks allow agents to focus on revenue-generating activities.
Hispanic consumers and homebuyers represent an opportunity for realestate and mortgage professionals who are prepared to serve them. One NAHREP session on AI showcased some truly incredible use cases for agents that can make marketing and relationship-building as easy as ordering an Uber, and all are available today.
While some in the realestate industry are expecting to see a decline in the number of buyer’s agents as a result of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement agreement , others have taken it a step further and are betting their companies on it. Meet the AI realestateagent.
In the wake of the recent NAR settlement , coupled with persistently sluggish home sales and high interest rates , realestateagents find themselves at a crossroads marked by uncertainty and unease. Amidst this backdrop, brokerages face a critical task; keeping their agent counts from diminishing.
Or tell HeyGen to “act like a realestateagent” and create the script, then the video. Lots of companies do this, but O’Neil highlighted HeyGen , where you just type in text and HeyGen turns it into professional video voiceovers. And of course you can easily grab short, shareable clips from the videos for social. I can’t even.
In the six months since news of the National Association of Realtors ‘ (NAR) nationwide commission lawsuit settlement broke, agent attitudes toward the settlement’s required business practice changes have only slightly improved. This is according to a study published earlier this week by realestate technology firm Clever RealEstate.
Realestateagent commissions have held steady since August, but there’s a divergence at different price points. The data is derived from sales by Redfin agents who have closed a transaction in October or are scheduled to by the end of the month.
To answer that, we’ll take a deep dive into the differences between the many types of realestate professionals, including a realestateagent and a realestate broker. Summary What is a realestateagent? What does a realestateagent do? Let’s dive in!
Understanding that realestate housing markets are hyperlocal, the RealTrends Verified City Rankings represent the newest evolution of RealTrends agent and team rankings.
It is fitting that the 2024 Summer Olympics in Paris are the backdrop for the final two weeks leading up to when the realestate industry will undergo its largest structural change in decades — a feat of near-Olympic proportions. Like the athletes in Paris, Realtors and brokers across the U.S.
Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for realestateagents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages.
The landmark antitrust lawsuit settlement agreed to by the National Association of Realtors (NAR) in March has put the practices of realestateagents in the spotlight for both regulators and clients alike. The study shows that there’s considerable homogeneity in the price outcomes of realestateagents.
The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by realestateagents, brokers, and mortgage professionals. While not rated, relationship-building with realestateagents is crucial, especially in light of changes to MLS compensation policies.
How much are realestate referral fees? Who pays the realestate referral fees and how are they paid? Drafting a referral agreement that works for all parties How to find a great realestateagent in another area When to accept a referral (and when not to)? What is a realestate referral fee?
The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the realestate market from various perspectives: brokerage leaders, mortgage professionals, and realestateagents. This diversity allows for a comprehensive understanding of the market dynamics.
The realestate market has witnessed significant fluctuations over the years, and the accompanying challenges for realestateagents can offer valuable insights and opportunities. The aftermath of the 2008 crisis led to significant attrition among realestateagents.
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 realestateagent compensation, a VA official announced on Tuesday.
Alisande Heriyanto , vice president of product and tech support at The Corcoran Group , which focuses on the luxury home market, said on stage during HousingWire ‘s AI Summit in Dallas on Tuesday that the company is adopting AI in its product ecosystem to bring more efficiency to realestateagents.
Our team is committed to staying true to his mission of educating agents and championing the dream of homeownership,” said David Childers, CEO of Keeping Current Matters. Harney began his realestate career in 1983 in Suffolk County, New York. Harney was known for his philanthropy as well as his business acumen.
On Thursday, his office announced a settlement with Universal Title over allegedly engaging in kickbacks with realestateagents through joint ventures in the Washington, D.C., In addition, Universal has also agreed to end the practice of giving realestateagents consideration for the referral of title insurance business.
Redy , an online marketplace that rewards home sellers for selecting a realestateagent who best aligns with their sales goals, announced its launch in five markets on Tuesday. The Redy online platform is now available to home sellers in Atlanta , Dallas , Orlando , Phoenix and San Diego.
Realestateagents now have a new tool to remove these distraction from home staging photos — and no, it’s not Apple Intelligence. These tools save time, elevate listings, and simplify complex workflows for everyone — from realestateagents to contractors and enterprise teams.
Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.
RE photos by Andy: @rephotosbyandy Content style: Stunning realestate photography Talk about stunning photographs! This account features realestate photography that shows off the style and beauty of every property. Be sure to follow the @theoppenheimgroup on Instagram for more inspirational realestate content.
The HousingWire Pulse Survey for Q1 2025 provides valuable insights into the current state of the realestate market from various perspectives: brokerage leaders, mortgage professionals, and realestateagents. This diversity allows for a comprehensive understanding of the market dynamics.
In the past, we never talked about co-borrowers — obviously, husband and wife, you know, that’s your co-borrower,” said Edgar Garcia, a realestateagent at Revolve Realty in El Paso, Texas. But last year I had co-borrowers where the dad was jumping in, the mom jumping in. I’ve even seen grandparents jump in.
Louis-based Clever RealEstate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and realestateagents.
You should be finding buyers before realestateagents anyway.” NEXA has always been focused on purchase loans , which means some of its LOs do significant business with buyers’ agents. Kortas believes that good buy-side agents will remain highly relevant and garner more business as competitors wash out.
Proptech HomeLight has raised $20 million to expand the offering of its Buy Before You Sell product to mortgage lenders and realestateagents across 40 new states, the company announced on Monday. Zeev Ventures , an early-stage venture fund, led the Series D extension, and was joined by Stereo Capital and Menlo Ventures.
Stefani Berkin, president of R New York and one of the 35 founding members of the American RealEstate Association’s advisory board, expressed her optimism regarding the organization’s potential to outpace NAR in advocating for and educating agents across the nation.
KWIQ is trained on the premier training content from Keller Williams University, best-practice business models from top agents, KW’s library of best-selling realestate books, and comprehensive FAQs and how-to resources on KW technology and services. We’re committed to rolling out features that save agents time and money.”
But I wanted to do it in a different way where agents can watch videos, get one page PDF, watch panels, listen to podcasts — no matter where the realestateagent is and how they want to consume information, I wanted to have a solution for them all in one place.”
Despite mentioning that a reverse mortgage can be used for the purchase of a new home, much of this article seems designed to introduce realestateagents to the concept of the H4P product. Reverse mortgage professionals have explained to RMD that a big focus of referral outreach this year is centered on realestateagents.
The company said that Stebbins has been instrumental in connecting reverse loan originators with key industry partners, including realestateagents, financial planners and builders. Josh Kilty (left), senior vice president of reverse lending at Fairway, presents a lifetime achievement award to Pistol Pete Stebbins.
The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Sometimes, a realestateagent may choose not to work with a specific buyer or seller. Many people expect it, especially from realestateagents.
An accessible checklist on the FHA website would give home sellers, buyers, housing counselors, realestateagents and others a reliable source of information, according to the report. ”
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