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 78

Agents Short sale Staging Sales 78

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

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 97

Agents Branding MLS Days on market 97

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 68

Agents Staging Design Technology 68

The Close

FEBRUARY 20, 2024

Standout sellers: Sellers (and their agents) must focus on marketing, repairs, and competitive pricing to stand out and snag offers. Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory.

Marketing 94

Marketing Debt-to-income ratio MLS Pre-approval 94

Realty Biz

FEBRUARY 13, 2023

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. It can be used to test how much interest there might be in the market. How Off-Market Homes For Sale Benefits Buyers?

Sales 107

Sales Marketing MLS Agents 107

Toronto Realty Blog

JULY 28, 2023

Regular readers have probably seen blog posts on this subject before: houses that are listed over-and-over again, often with different prices, pricing strategies, and listing agents. I don’t have an official “record book” for this, but I don’t recall a property being listed twenty-two times without an on-market sale.

Days on market 85

Days on market Principal Agents Sales 85

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. It can be dirty work.

Investor 98

Investor Closing Agents MLS 98

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. ” The power of appropriate pricing on day one. Naturally, they want the same, right?

MLS 98

MLS Agents Days on market Principal 98

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

Housing Wire

MAY 12, 2022

Market Growth. Look at the area’s market both today and historically. A good measure is to look at the days on market (DOM). Today most markets have a DOM of 30 days or less, which is a hot market. Anything more than that, and it may not be a market you want to invest in.

Property Management 417

Property Management Due diligence Finance Investor 417

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. Days on market. Property details.

Marketing 105

Marketing MLS Days on market Sales 105

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. Real estate agents may compile a comparative market analysis (CMA) that analyzes local comparable sales to establish a home’s value. Agents rely on comps to help their clients.

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MLS Agents Sales Title 96

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 95

As-is Investor Residential Closing costs 95

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. What do days on market mean? Average Days in 2021.

Purchase and sale agreement 83

Purchase and sale agreement Home sale contingency Title search Inspection 83

Realty Biz

MAY 15, 2022

Real Estate comps are usually determined by one of two parties – a licensed appraiser or a real estate agent. Appraisers or real estate agents will hand-select similar properties in the same neighborhood if possible or a nearby area. For a real estate agent, it will be in the form of a comparable market analysis (CMA).

Sales 140

Sales Agents MLS Equity 140

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 69

As-is MLS Days on market Sales 69

HomeLight

JANUARY 3, 2023

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. Within three weeks of marketing on their own, 80% to 85% of FSBO people will contract with a real estate agent.

Purchase and sale agreement 96

Purchase and sale agreement Inspection MLS Inspection contingency 96

HomeLight

JANUARY 22, 2024

Fast facts about selling a house ‘as is’ in Michigan Median sales price in Michigan $291,186 Average days on market (DOM) for Michigan 42 Days Disclosures Michigan law requires sellers to disclose material facts about the property through the Seller Disclosure Act (Act 92 of 1993). MLS has a field to mark a listing “as is”?

As-is 82

As-is Seller disclosure Closing costs Investor 82

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 108

Sales Agents MLS Staging 108

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 92

Branding Days on market New Construction Sales 92

Miller Samuel INC

JUNE 28, 2020

Then a startup agent trade group (NYRAC), made up of some of the most productive agents in the market and includes many of my long-time industry friends, pushed to hide the days on market metric from the public for what turned out to be a self-serving reason. Days on market during Covid-19.

Marketing 59

Marketing MLS Bankruptcy Days on market 59

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Agents 406

Agents Lending Staging Renovation 406

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 74

Purchase and sale agreement Inspection Title Inspection contingency 74

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? Creating Your CMA Report.

Agents 122

Agents Sales MLS Closing 122

HomeLight

NOVEMBER 3, 2022

Links and mentions of North Carolina flat fee MLS companies in this post do not constitute an endorsement. While the market is slowly cooling – or normalizing – home prices remain steady in many North Carolina cities and median days on market are relatively low, although today that can mean a week or two versus a day or two earlier this year.

MLS 81

MLS Purchase and sale agreement Agents Sales 81

Toronto Realty Blog

JANUARY 26, 2022

But even since I ran those stats on the weekend, we’ve seen more sales posted on MLS that defy logic. And that’s just in the freehold market. What about the condo market? This time, we’ll look at all condos sold from January 1st through January 24th and posted on MLS. The average days on market is 44.1.

Days on market 80

Days on market Sales MLS Title 80

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. market your property.

Agents 86

Agents MLS Finance Sales 86

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 87

As-is Inspection Equity Renovation 87

HomeLight

NOVEMBER 23, 2022

Links and mentions of Arizona flat fee MLS companies in this story do not constitute an endorsement. You may be thinking about whether to use a real estate agent to sell your Arizona home or go the FSBO (for sale by owner) route and use an Arizona flat fee MLS company. What is a flat fee MLS listing service? Get Started.

MLS 72

MLS Agents Sales As-is 72

HomeLight

MARCH 31, 2022

With such impressive sales figures, some sellers may be curious about how to sell a house by owner in Arizona — a decision that could help them 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. What's Your Arizona Home Worth?

Purchase and sale agreement 86

Purchase and sale agreement Inspection MLS Inspection contingency 86

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. No, however, this is commonly mentioned in the Agent Remarks field Is a real estate attorney required?

As-is 81

As-is Inspection Finance Loans 81

RIS Media

APRIL 19, 2021

– The average days on market of 38 was 16 days less than March 2020 and just two days more than the report record of 36 set last November. March was only the fifth month in report history with average days on market under 40. Days on Market – Average of 53 Metro Areas.

Branding 49

Branding Days on market Sales MLS 49

HomeLight

MARCH 29, 2022

As an added value, Simple Sale also recommends top-rated agents in your area based on transaction data. The online platform reveals which agents sell the most in your market and price range so, as a seller, you can be more empowered and informed, whether you choose to list with a top local agent or sell for cash. “We

Sales 86

Sales Agents Closing Staging 86

Realty Biz

JANUARY 19, 2024

Consult a real estate agent to determine an appropriate listing price and navigate the selling process smoothly. Consider working with an experienced real estate agent who can provide valuable insights into your area's current trends and demands. Top agents will know precisely how to price your home based on several important factors.

Sales 108

Sales Staging As-is Agents 108

RIS Media

APRIL 21, 2021

We continue to track spikes in the median sales price and decreases in the number of days on market as the competition for available inventory—one of our agents likened it to “The Hunger Games “ —remains intense. You might say the spring market of 2020 never ended.

MLS 68

MLS Agents Industrial Days on market 68