Sat.Jan 06, 2024

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Fewer homes will take a price cut in spring 2024

Housing Wire

Will the number of homes that take a price cut this year drop below 2023 levels? Yes! If the current trends continue into the strong seasonal pricing period, we will see fewer homes that are discounted before selling. I believe this was the most overlooked housing story of the last year because even as mortgage rates rose all the way to 8% , the home price cut percentage data was always about 4% lower year over year.

Mortgages 542
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Most agents barely making it in this ‘part-time industry’

Real Estate News

In its latest report, the CFA continues to cast a critical lens on what it sees as a bloated industry where too few agents can succeed.

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You sold HOW MANY houses last year? The Download

Inman

A "glut" of agents, low inventory and a down market mean part-timers now make up the majority of real estate professionals, according to the Consumer Federation of America. What does that mean for clients — and for the industry?

Agents 187
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Brokerage Beat: News from The Agency, RE/MAX, Sotheby's, more

Real Estate News

The Agency Seattle grows; RE/MAX nabs Houston indie; Sotheby's now in Anguilla; C21 adds W. Virginia firm; top NY agent back at Compass; Corcoran firm expands.

Brokerage 229
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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A Recipe for Style: 4 Homes with Fabulous Kitchens

Sotheby's International Real Estate

Whether in the heart of Manhattan or in the historic district of Santa Fe, these impeccable kitchens offer an impressive blend of functionality, comfort, and style. A River Oaks Classic Walter Bering | Martha Turner Sotheby’s International Realty On one of the most sought-after streets in Houston, this stately 1939 residence has been painstakingly, stylishly renovated to serve as a chic setting for sophisticated living and entertaining.

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Top 5 Stories on Brownstoner This Week: An Affordable Housing Lottery in Fort Greene

Brownstoner

Affordable Housing Lottery Opens for Fort Greene Apartments Starting at $910 a Month An affordable housing lottery has launched for 87 apartments in a new development on Fort Greene’s South Portland Avenue. The site formerly belonged to an orphanage and is now among a row of church-owned properties. -- Park Slope Condo Triplex… Read More > The post Top 5 Stories on Brownstoner This Week: An Affordable Housing Lottery in Fort Greene appeared first on Brownstoner.

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Net Listing

BubbleInfo

Sellers can decide their price in the beginning, and I’ll take the rest: A net listing is used only with sellers, not buyers. It is structured as either an open or an exclusive type of listing. The net listing is distinguishable from all other listing arrangements due to the way a broker’s compensation is calculated.

As-is 52
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RISMedia Virtual Event: Real Estate's Rocking in the New Year

Realty Biz

As the real estate industry looks forward to a highly anticipated new year, RISMedia is preparing to introduce an extraordinary virtual event, "Real Estate's Rocking in the New Year - New Year, New Mindset," on Thursday, January 11, 2024, from 11:00 a.m. to 4:30 p.m. ET. The event boasts a lineup of over 50 top brokers, agents, and experts in the industry, offering a wealth of inspiration and knowledge.

MLS 67