Realty Biz

FEBRUARY 13, 2023

Off-market properties might be the answer if you want to avoid competition from other buyers when looking for your next home. Finding a buyer for a home not featured in the MLS requires more work from the real estate agent and used to be very unusual. Finding off-market properties for sale can be a challenge.

Sales 107

Sales Marketing MLS Agents 107

Redfin

JANUARY 12, 2022

While first-time homebuyers and even seasoned homeowners might have heard of MLS, they may not be familiar with the role it plays throughout the home buying and selling process. Understanding how the MLS factors into the process can help you get the most out of your purchase or sale. What an MLS is and how it works. What is MLS?

MLS 73

MLS Agents Sales As-is 73

Windemere Selling

MARCH 8, 2023

Your local market conditions dictate the real estate climate around you. Where things are on the buyer’s/seller’s market spectrum will impact how you and your Windermere real estate agent approach selling your home. This drives home prices up, decreases days on market, and often leads to multiple offers from buyers.

Marketing 93

Marketing Days on market MLS Agents 93

The Close

APRIL 30, 2024

When it’s time for a price reduction, real estate agents must conduct market research and rely on the data. The primary indicator is obvious: The house just sits on the market while everything around it is flying off the shelves. Pricing real estate is an art and science. But it’s critical to dig deeper.

Agents 77

Agents Short sale Staging Sales 77

Toronto Realty Blog

JANUARY 15, 2021

And other than a “Photos of the Week” in November and an “MLS Exaggerations” in October, we really, truly haven’t run More MLS Musings since September. Should we look at MLS photos or should we roll with the descriptions? The post More MLS Musings! I don’t even know where to start!

MLS 56

MLS Staging Days on market As-is 56

The Close

DECEMBER 1, 2022

A comparative market analysis (CMA) determines the market value of a property by comparing it to similar properties that have recently sold, as well as to those currently listed for sale. A CMA is a crucial tool for listing agents determining the right sale price for a property. Visit Elevate. Download Your CMA Guide Here.

Marketing 105

Marketing MLS Days on market Sales 105

RIS Media

OCTOBER 5, 2021

Every agent on your team should know your unique and exclusive value proposition and, more importantly, be able to communicate it effectively to win listing appointments every time. There is so much more to marketing a seller’s home than putting it on the MLS and putting a sign up and then waiting for another agent to sell it.

Agents 98

Agents Branding MLS Days on market 98

Broke Agent Media

JANUARY 17, 2023

As a real estate agent, you’re constantly juggling a million different tasks while trying to keep track of everything that’s happening in the market. Many agents get into the habit of trying new strategies each week, hoping that one will eventually stick and be successful. Market Trends.

Agents 98

Agents Land Sales As-is 98

The Close

JANUARY 29, 2024

As more software companies integrate AI into their services, real estate agents find ways to make their lives easier and work more efficiently. I wrote this roundup of the best real estate AI tools for agents unsure of where to start, all the way up to those ChatGPT warriors. Let’s dive right in!

Agents 64

Agents Staging Design Technology 64

Windemere Selling

OCTOBER 11, 2021

What is a Listing Agent? Generally, a real estate transaction involves a listing agent representing the seller and a buyer’s agent representing the buyer. The agent will list the home, coordinate showings and open houses, and negotiate with buyers’ agents to find the best offer for their client.

Agents 52

Agents Purchase and sale agreement MLS Staging 52

Toronto Realty Blog

JULY 28, 2023

Let’s just say that you don’t need to take a day off to figure this one out, but the first person to post the reference in the comments wins my utmost respect and potential future friendship… So how about twenty-two times ? First agent on the file. 89 days on market. 39 days on market.

Days on market 85

Days on market Principal Agents Sales 85

Housing Wire

MAY 12, 2022

You want to diversify your risk by investing in multiple markets. You found a property you love and may want to retire to one day but will rent in the meantime. If you put all your money in your local real estate market and it tanks, you could lose everything. It takes a lot of research to get to know the market.

Property Management 418

Property Management Due diligence Finance Investor 418

Real Trends

OCTOBER 11, 2022

To real estate agents, it feels like the market shifted overnight, so imagine what prospective sellers are thinking! They saw neighbors received 10 offers on their house in one day, and a sale for $50,000 over asking price. In a rapidly changing market, comps quickly become outdated. Naturally, they want the same, right?

MLS 98

MLS Agents Days on market Principal 98

The Close

JANUARY 25, 2022

Don’t get me wrong—this is not a get-rich-quick scheme for new agents and it certainly isn’t for everyone. Building the skills you’ll need to regularly pinpoint undervalued, off-market properties, advise investors, and close sometimes tricky deals won’t be easy. Be an Expert in Your Market.

Investor 98

Investor Closing Agents MLS 98

HomeLight

MAY 8, 2024

However, it’s important to note that selling a house “as is” usually means accepting a lower offer than if you sold on the traditional market. We Buy Houses operations buy “as is” properties at a discounted rate compared to a traditional market sale and will generally seek out homes in need of significant repairs.

As-is 89

As-is Inspection Finance Residential 89

Miller Samuel INC

JUNE 28, 2020

Keeping Housing Market Results From The Public Is Never Justified: An Expansive View. When the Covid-19 crisis began halfway through March, the Manhattan housing market was placed on “pause,” as were many housing markets around the country. Days on market during Covid-19. Hiding DOM as a marketing strategy.

Marketing 59

Marketing MLS Bankruptcy Days on market 59

HomeLight

JANUARY 12, 2024

A lot of people don’t have the money — they’ve got equity in their home, but they have no way of accessing it,” says Eddie Crosslin , an agent with Crye-Leike Real Estate Services. Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state.

As-is 98

As-is Investor Residential Closing costs 98

HomeLight

JANUARY 28, 2022

But comps are tricky – operating on a sliding scale according to the market at any given time – and they can be confusing. By compiling a few similar properties, the goal is to determine your home’s current market value. House comps generally include more than one recently sold property to measure your home against. Get Estimate.

MLS 99

MLS Agents Sales Title 99

Realty Biz

MAY 24, 2021

Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. Then the residential market rebounded quickly. The market remains tight and expensive but it could be opening up to at least give buyers a larger selection to choose from. at $329,100.

Backup offer 89

Backup offer Marketing Residential MLS 89

HomeLight

NOVEMBER 9, 2021

The recent housing market has been hot and competitive due to an extreme lack of inventory. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). How it might take 12-75 days to sell your home. Market conditions at the time you sell. What do days on market mean?

Purchase and sale agreement 85

Purchase and sale agreement Home sale contingency Title search Inspection 85

Realty Biz

MAY 15, 2022

The value of a home is determined by looking at several factors including the time of year, market trends, property location, and most importantly, the real estate comps. Finding out what other similar properties have sold for forms the basis of completing a comparative market analysis. Real Estate Agents. Home Sellers.

Sales 140

Sales Agents MLS Equity 140

HomeLight

JANUARY 3, 2023

Higher interest rates have been cooling the housing market nationwide, and real estate in Colorado is no exception. Inventory is starting to rise along with the average number of days on market as of September 2022. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions.

Purchase and sale agreement 99

Purchase and sale agreement Inspection MLS Inspection contingency 99

HomeLight

JANUARY 22, 2024

Most of the time, if the house needs any repairs, most realtors expect the homeowner to make the necessary repairs before they lift the house on the market.” MLS has a field to mark a listing “as is”? “They don’t want to make the repairs themselves to lift the house for sale with a realtor. They don’t have the time.

As-is 85

As-is Seller disclosure Closing costs Investor 85

RIS Media

MARCH 18, 2021

“The shrinking inventory continued to fuel ongoing bidding wars, and our agents report some homes selling for well above listing price,” said Adam Contos, CEO of RE/MAX Holdings, Inc. “It’s a complicated, competitive market, with buyers having to act quickly and aggressively to get the home they want.

Branding 98

Branding Days on market New Construction Sales 98

HomeLight

AUGUST 20, 2021

The commission is split between the listing agent and the buyer’s agent to compensate them for their services. For all the details on agent commission, we interviewed Jeff Reynolds , a real estate agent in La Plata County, Colorado, with more than seven years of experience. Total agent commission (6%).

Sales 111

Sales Agents MLS Staging 111

Toronto Realty Blog

NOVEMBER 2, 2022

I know that a lot of the TRB readers dabble in pre-construction condo investing and many of the agents who read this blog sell projects as well. ” But what happens when the real estate market slows down? I will applaud this developer, however, for including their “development fees” in the marketing material.

Construction 78

Construction Marketing Development Land 78

HomeLight

SEPTEMBER 20, 2023

Sellers think selling as-is is easier for them; they don’t want to put out any more money,” says Josh McKnight , a top-selling Philadelphia area real estate agent who has 20 years of experience. MLS has field to mark a listing “as is”? No Is a real estate attorney required?

As-is 72

As-is MLS Days on market Sales 72

HomeLight

APRIL 28, 2023

Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. While FSBO can work, it does come with some risks, including the possibility of selling your house for less than market value. Unsure about selling FSBO in Texas? That 6% is deducted from the seller’s proceeds at closing.

Purchase and sale agreement 76

Purchase and sale agreement Inspection Title Inspection contingency 76

Realty Biz

APRIL 6, 2022

While you might have ideas about what a home is worth, your real estate agent has the tools and experience to find the right price point. Whether you are a buyer, seller, or newly licensed real estate agent, it is crucial to understand a comparative market analysis (CMA) and how it works. What is a CMA?

Agents 122

Agents Sales MLS Closing 122

Housing Wire

OCTOBER 20, 2023

With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS. Sharing your success lends to your credibility as an agent.

Agents 401

Agents Lending Staging Renovation 401

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. It’s imperative that agents invest their time to properly prepare comps!

Marketing 409

Marketing Agents Closing Renovation 409

HomeLight

JANUARY 22, 2024

Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One Your agent should also be willing to go the extra mile on marketing.

As-is 90

As-is Inspection Equity Renovation 90

HomeLight

MARCH 28, 2022

Agent referral services, iBuyers with instant cash offers, and home trade-in programs, have all played a role in making home buying a selling faster and more convenient. The task can feel monumental, especially since you have to go through the daunting effort of finding, vetting, and hiring a real estate agent. Is HomeLight legit?

Agents 89

Agents MLS Finance Sales 89

Redfin

SEPTEMBER 11, 2020

But the market is now making a comeback, with iBuyers seeing a rebound in demand—and even bidding wars—from homeowners who are in search of quick cash and a safe way to sell during the pandemic. market share, a year earlier and represents the smallest number of properties purchased by iBuyers since the first quarter of 2017.

Marketing 62

Marketing Days on market MLS Agents 62

Toronto Realty Blog

JANUARY 26, 2022

I can’t even get into the latter right now, and the effect that it had on my childhood, but I will say it pains me to know that “Riff Randell” is 71-years-old in real life… So, is that a folksy-enough intro for today’s discussion on the burning condo market thus far in 2022? What about the condo market?

Days on market 80

Days on market Sales MLS Title 80

HomeLight

DECEMBER 31, 2023

According to John Billings , a top-selling agent in Pima County, Arizona, with nearly 20 years of experience, one of the most common reasons is that owners don’t want to (or can’t) deal with making extensive repairs. Billings has over 500 transactions in his market, with an average price of $354,000. The property needs work.

As-is 84

As-is Inspection Finance Loans 84

RIS Media

APRIL 21, 2021

In this month’s National Association of REALTORS® Power Broker Roundtable, industry leaders discuss market seasonality. Now, as we sit on the cusp of April, what will the spring market look like? You might say the spring market of 2020 never ended. What can we expect in the months ahead?

MLS 89

MLS Agents Industrial Days on market 89