Housing Wire

FEBRUARY 10, 2025

Potential home sellers notice weak demand, fewer offers and price reductions, prompting them to back away from the market. If potential sellers avoid the market, this will keep a lid on supply growth. New listings are hitting the market Last year was an environment with 5% to 10% more sellers each week than a year prior.

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Sellers Inventory New Listings Contracts 339

Housing Wire

OCTOBER 22, 2024

Data from Altos Research shows that higher mortgage rates aren’t necessarily keeping sellers from listing their homes. The 15-year conforming rate has increased even more sharply since the Fed’s decision, rising from 5.7% 18 to 6.15% on Tuesday. For-sale inventory of single-family homes is up 33% from a year ago.

Sellers 468

Sellers Mortgage Marketing Construction 468

Appraisal Buzz

JANUARY 30, 2025

According to the Realtor.com January Monthly Housing Report, January saw a positive shift in seller activity despite recent hikes in mortgage rates, with the number of newly listed homes increasing 37.5% Buyers & Sellers Thaw Alongside Winter Weather Additionally, for the fifteenth consecutive month, annual inventory increased, with 24.6%

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Sellers Inventory New Listings Contracts 332

Housing Wire

FEBRUARY 3, 2025

As inventory builds and, as there are fewer offers from homebuyers , more sellers feel the need to reduce the asking price of the homes for sale. Sellers who dont get an offer may choose to cut their price. There are few offers being made right now, so more sellers are finding the need to reduce their asking price. There are 27.7%

Sellers 406

Sellers Inventory New Listings Contracts 406

Housing Wire

NOVEMBER 4, 2024

As real estate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. Lowering commissions will not cause sellers to reduce their prices.

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Buyers Sellers Agents Real Estate 321

Appraisal Buzz

OCTOBER 16, 2024

The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip first appeared on The MortgagePoint. The post Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip appeared first on Appraisal Buzz. With a growth rate of 21.4% during the previous five years, these larger units had the highest growth rate.

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Sellers Buyers Marketing Mortgage 418

Housing Wire

JANUARY 20, 2025

But if buyers and sellers were compelled to transcribe their inaction, it would read like a sociopaths diary entry: We could have watched you grow up, but your grandpa and me werent willing to give up our 2.875% rate to move closer to you. Buyers and sellers are ready to step away from the spreadsheet and get on with living their lives.

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Sellers Buyers New Listings Finance 370

Housing Wire

MARCH 6, 2025

New marketplace for motivated sellers That is good news for sellers like Ricardo Sims, the out-of-state landlord who sold the Montgomery properties to Richards via SmartSale. Very tired landlords, Richards said, describing some of the motivated sellers utilizing private seller auctions.

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Sellers Inventory Landlords Renovations 324

Appraisal Buzz

FEBRUARY 18, 2025

Ranking second easiest for sellers is Allentown, Pennsylvania, with 57.4% In cities like Rochester and Allentown, the combination of lower home values and high buyer demand creates a favorable sellers market, added the Calgaryhomes.ca The post Home Seller Hot Spots first appeared on The MortgagePoint. of houses sold.

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Sellers Home Value Buyers Real Estate 291

Appraisal Buzz

MARCH 24, 2025

A major economic downturn (29%) is the most reported reason sellers would delay their plans, while a property tax increase (43%) would be the biggest motivator to expedite selling. !function(e,n,i,s){var For those in slower markets, patience may be required, while in fast-moving areas, sellers could still find strong demand.

Sellers 248

Sellers Property Taxes Marketing Inventory 248

Housing Wire

OCTOBER 28, 2024

While Monestier, who reportedly sold her Rhode Island home in 2022 and is part of the affected class, believes sellers were paying “inflated commissions,” she feels that prior to the settlement changes going into effect, the rules governing the industry were “clear and confusion did not reign supreme.”

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Business Sellers Realtors Buyers 468

Housing Wire

DECEMBER 30, 2024

However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. The other trend to watch is whether we finally have more sellers entering the market in 2025. There are some signals that seller volume is starting to creep back to normal levels. These are unsold new listings.

Housing Market 543

Housing Market Marketing New Listings Inventory 543

Housing Wire

NOVEMBER 20, 2024

Nearly three quarters of recent American home sellers said in a Clever survey that using a traditional real estate agent is the best way to sell. Not only is this method popular, but it’s also well-regarded; 76% of sellers who worked with an agent felt their services were worth the cost.

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Real Estate Agent Real Estate Agents Sellers 476

Appraisal Buzz

NOVEMBER 13, 2024

More than half of home buyers (52%) negotiated with the seller, with 94% of those who did achieving success. About 34% of buyers paid below the asking price in 2024—up from 27% in 2022, when the market was more favorable to sellers. home ($501,500) adding $75,255, the upfront cost totals a staggering $107,230.

Real Estate 417

Real Estate Sellers Buyers Renovations 417

Appraisal Buzz

JANUARY 27, 2025

Profit margins for home sellers decreased in 2024 compared with 2023, despite rising home prices, a report from ATTOM shows. Home sellers made a $122,500 profit on typical sales nationwide last year, generating a 53.8% Either will have a significant effect on seller returns. return on investment. Thats down from 56.9%

Sellers 195

Sellers Housing Market Investing Appraisal 195

Housing Wire

MARCH 3, 2025

Earnouts From Sellers perspective, earnouts can be an opportunity to be paid more for the business over a period of time or, alternatively, an unnecessary holdback of part of the purchase price. To backstop some of those indemnification obligations, there will likely be an indemnification escrow agreement.

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Mortgage Sellers Buyers Business 412

Housing Wire

MARCH 25, 2025

-based Consumer Policy Center (CPC) warns that the common practice of percentage-based real estate commissions may be a financial disadvantage for home buyers and sellers. The report is titled How Percentage-Based Commissions Can Harm Home Buyers and Sellers and What They Can Do About It.

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Agents Buyers Sellers Real Estate 361

Inman

MARCH 14, 2025

Keeping sellers in the loop isnt just about providing updates, coach Darryl Davis writes. Its about reinforcing confidence and, more importantly, earning their trust.

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Sellers Clients Agents Marketing 182

Housing Wire

OCTOBER 29, 2024

And it is a little bit early, but some of the preliminary data I have looked at show that sellers are continuing to pay buyer agent compensation.” I think ultimately, though, sellers should be looking at their net (profit).

Marketing 448

Marketing Real Estate Sellers Buyers 448

Housing Wire

FEBRUARY 24, 2025

New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year. Its hard to grow inventory too much when there arent many sellers. Demand is slower so more of the sellers are sitting on the market. Thats not a ton. more than a year ago.

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Inventory New Listings Sellers Contracts 492

Housing Wire

OCTOBER 28, 2024

New listings go up This year continues to have slightly more sellers than last year but fewer than we used to get in past years. When you add it all together, there were just a 2% more new sellers hitting the market this week than a year ago. I mentioned that Florida rebounded this week with sellers that postponed for the storms.

Inventory 476

Inventory New Listings Sellers Contracts 476

Housing Wire

FEBRUARY 1, 2025

Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. HomeLight found that the NAR commission lawsuit and the resulting settlement made buyers and sellers uncertain about how to handle changes to buyer-broker agreements. HomeLight notes that this is becoming more common for existing-home sales.

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Buyers Real Estate Agent Mortgage Real Estate 482

Housing Wire

MARCH 3, 2025

Its important to communicate to your sellers the value of home staging for real estate by taking out the personalization of the home while keeping the home’s personality and what makes it unique. Pro Tip If theres a pool or outdoor water feature, be sure the seller turns it on during showings.

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Real Estate Agent Real Estate Agents Modernization 418

Housing Wire

MARCH 25, 2025

In an announcement on Tuesday, the trade organization unveiled its new Multiple Listing Options for Sellers policy. The exemption will allow a seller the option to instruct the listing agent to delay marketing a listing through Internet Data Exchange (IDX) and syndication for a period of time, NAR noted in its release.

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Sellers Agents Legal Realtors 320

Housing Wire

OCTOBER 15, 2024

“Frustration happens when one agent who is doing things the legacy way calls up the listing broker and asks what they are doing for cooperative compensation, and the listing broker tells them they aren’t, but their seller is willing to consider all offers, so ask for the compensation in the offer,” Srivatsaa said. Approaching the Aug.

Real Estate 448

Real Estate Brokerage Sellers Agents 448

Housing Wire

DECEMBER 9, 2024

Supply growth could also come from more sellers, such as investors or distressed borrowers unloading. However, in most of the country, we have no growth from the seller side. In Florida and Texas, we see the rising costs of insurance , taxes and climate risk driving some sellers. more sellers than the same week a year ago.

Housing Market 418

Housing Market Marketing Inventory Sellers 418

Housing Wire

JANUARY 29, 2025

In the current climate, homebuilders have advantages over existing-home sellers. High mortgage rates have kept potential sellers out of the market because many secured rock-bottom rates from the period after the financial crisis through 2022, when the Federal Reserve began to rapidly raise interest rates to combat inflation.

Sellers 468

Sellers Housing Market Realtors Inventory 468

Housing Wire

MARCH 17, 2025

There were nearly 7% more sellers last week than the week prior. Here’s the bottom line: This spring, more sellers are trying to sell their homes. Here’s the bottom line: This spring, more sellers are trying to sell their homes. What is driving the sellers’ behavior? That means more sellers in time.

Inventory 418

Inventory New Listings Housing Market Sellers 418

Housing Wire

MARCH 14, 2025

She wrote that removing CCP in its entirely would be harmful to home buyers and sellers alike because some brokerages will hoard private listings, making them available only to consumers who work with one of their agents.

Sellers 346

Sellers Realtors Buyers Realty 346

Housing Wire

NOVEMBER 7, 2024

Wacksman: That’s the Zillow app for a buyer and a seller. What does the buyer or seller want? One has to keep up with where the buyer and seller is going. Dwiggins: With this app, how do you balance between what the agents and the brokerage want with the sellers’ wants? Technology pushes the consumer forward.

Real Estate 369

Real Estate Technology Sellers Agents 369

Appraisal Buzz

OCTOBER 31, 2024

A History of Policy Change In mid-March of this year, NAR announced an agreement to resolve litigation over broker commission claims asserted on behalf of home sellers. Traditionally, sellers paid the buyer’s agent commission as well as their own agent’s commission. Now we’re negotiating commission more frequently.”

Real Estate Agent 386

Real Estate Agent Real Estate Agents Sellers 386

Housing Wire

MARCH 26, 2025

Under what NAR is calling its MLS Listing Options for Sellers policy , sellers will have the option to delay marketing their listing publicly as long as they sign the required disclosure. Bright MLS , one of the largest MLSs in the country, made a similar move in the summer of 2024, removing the time limit for coming soon listings.

Sellers 358

Sellers Real Estate Agents Brokerage 358

Housing Wire

DECEMBER 16, 2024

New listings When we look at the sellers entering the market, there were 45,000 new listings last week. That is 14% more home sellers listing their properties in December than the same week a year ago. This quantity of sellers is more similar to the pre-pandemic years than weve seen in a long time. more than a year ago.

Inventory 418

Inventory Housing Market Marketing Sellers 418

Housing Wire

NOVEMBER 21, 2024

We’re trying to say that buyers and sellers, in my opinion, are willing to pay you. To close the conversation, Morris recommends certifications for buyer and seller agents to pursue. On the seller side, we have the Seller Representative Specialist (SRS) course. The biggest question is, how do I get paid?

Real Estate 368

Real Estate Real Estate Agent Sellers Training 368

Housing Wire

JANUARY 13, 2025

Data from Altos Research shows an area with expensive housing, rising inventory and conditions that lean favorable to sellers. At the time mortgage rates began to rise, LA overwhelmingly favored sellers, but its shifted significantly toward buyers since then. The current median home price is $1.47 The median home prices there are $1.9

Housing Market 388

Housing Market Marketing Sellers New Listings 388

Housing Wire

MARCH 3, 2025

And while most of the talking points espoused on both sides of the debate remain fairly consistent, those who are in favor of the policy have recently started to claim that an agent who doesnt list their sellers properties on the MLS may be exposing themselves to legal liability. This serves no one except the brokers that are doing this.

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Legal Sellers Realtors Agents 351

Housing Wire

JANUARY 24, 2025

Since 1942, the only time home prices significantly dropped was from 2007 to 2011, during a market characterized by much higher inventory, distressed sellers and a monthly supply exceeding 10 months. months we saw with distressed sellers in 2008. Also, the monthly supply is 3.3 months, not the 10.8

Inventory 482

Inventory Housing Market Sellers Marketing 482