In today’s hot housing market, how are real estate agents staying competitive?

Housing Wire

Or is being a real estate agent just a side hustle for you – something you do in your spare time? So, if you’re planning to be a real estate agent long-term, it’s probably a good idea to run your business like, well, a business, especially in today’s highly competitive housing market.

Agents 278

How agents are winning bidding wars in America’s most competitive markets

Housing Wire

In the ultra-competitive Westchester market, the odds were stacked against Heather Harrison and her client. With record-low interest rates, paltry inventory and a surge in buyers, agents are advising clients to be extraordinarily aggressive to win.

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[PULSE] Are potential new agents holding off on entering the market?

Housing Wire

An analysis of recent real estate licensing trends released by Agent Advice this week reveals that licensing rates are beginning to recover from a precipitous drop caused by COVID-19 in March and April. The post [PULSE] Are potential new agents holding off on entering the market?

Agents 215

Compass losing money, gaining market share

Housing Wire

Founded in 2012 in New York, Compass boasts 19,000 agents and has raised roughly $1.5 The post Compass losing money, gaining market share appeared first on HousingWire. Agents/Brokers Real Estate Compass Securities and Exchange Commission

In defense of the individual real estate agent

Housing Wire

I saw a social media post recently by our local ‘mega-agent’ entitled: “Breaking News: Individual Real Estate agents added to Endangered Professions List!”. The individual agent is on life support, it exclaims. The individual agent. The mega-agent.

Agents 254

New program puts Black real estate agents at forefront

Housing Wire

The National Association of Real Estate Brokers has announced the creation of its “Black Real Estate Agent” program to provide financial, educational, and career support for aspiring Black real estate agents.

Agents 270

Luxury housing market inspires ‘total frenzy’ in vacation boom towns

Housing Wire

And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. It’s been a really interesting summer, to say the least,” the agent at Tahoe Luxury Properties said.

12 Tips for Becoming a Successful Real Estate Agent in the Luxury Market

RIS Media

Ever wonder how in the world one becomes a successful real estate agent in the luxury market? The luxury real estate market often has an air of “exclusivity” that feels impenetrable if you’ve never sold a listing or helped a buyer in those upper tier price points.

First-time homebuyers fueling hot Des Moines housing market

Housing Wire

The Des Moines housing market has had a record-setting year for home sales, which local Realtors credit to low mortgage rates, the work from home phenomenon and Des Moines’ affordable lifestyle. Housing inventory in the Des Moines housing market is tight.

Even with low inventory, expect a strong 2021 housing market

Housing Wire

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. The post Even with low inventory, expect a strong 2021 housing market appeared first on HousingWire.

7 Marketing Stats Every Real Estate Agent Must Know

Real Trends

Marketing yourself and your properties is crucial. When you keep yourself updated with the latest real estate marketing trends, you can plan a solid marketing tactic, which in turn, helps you in getting more sales. Coaching Marketing

Sales 82

OJO Labs rolls out agent referral network

Housing Wire

OJO Labs has launched the OJO Select Network, an agent referral program that matches top performing agents with ready homebuyers or sellers based on an understanding of the agent’s skill set and the consumer’s needs. Select Network gives agents access to new leads, ready homebuyers who are kept engaged until they’re ready to work with an agent and custom consumer insights. Heller said Select Network will be available in over 50 markets by Nov.

Agents 185

The last stand for forbearance housing market crash bros?

Housing Wire

Forbearance will have to end at some point, and when it does, couldn’t all these homes flood the housing market at once, driving prices down and scaring would-be homeowners away from purchasing? . We know the current status of the housing market in America is vigorous, if not hot.

Will we have a buyer’s housing market in 2021?

Housing Wire

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum.

Homes in Boise, Idaho are “flying off the market”

Housing Wire

1 midsized housing market to watch in 2020 , according to Zillow, because of its draw for young professionals, families, and retirees alike. The demand is clear — the Boise housing market has just 0.3 Especially if a home has acreage, it will “fly off the market.”.

RedfinNow launches in Phoenix housing market

Housing Wire

Phoenix is the first market RedfinNow has launched in 2021, following the launch of San Francisco and Seattle early last month. RedfinNow is entering an already crowded market, joining the likes of Zillow , Opendoor and Keller Offers as well as bridge solutions like Knock Home Swap.

A coastal exodus? These Century 21 San Francisco agents don’t think so

Housing Wire

Although many in the real estate industry say that San Franciscans are relocating to places more inland , some Century 21 agents in the San Francisco and Bay Area beg to differ. These Century 21 San Francisco agents don’t think so appeared first on HousingWire.

Agents 262

Redfin to display buyers’ agent commissions in 65 markets

Inman

Redfin's brokerage website and mobile application will soon display the amount of compensation being offered to buyers' agents on more than 700,000 listings. Brokerage Industry News MLS & Associations Select buyer's agent Buyers' broker commission doj glenn kelman NAR Redfin

What a butt gym can teach agents about marketing

Inman

Marketing Real Estate Connect Select eXp Realty Facebook inman connect inman events instagram Jeff Lobb kenny truong marketing sparktank media youtubeAt Inman Connect, Jeff Lobb and Kenny Truong discuss creating a niche and becoming a community's Yelp.

Need a real estate agent? Here’s how to pick the right one

Housing Wire

That’s what real estate agents are here for. Almost 90% of buyers recently used a real estate agent or broker to purchase their home, according to the National Association of Realtors. A real estate agent is a licensed professional who can guide you through the homebuying process.

Agents 285

Purchase market will highlight closing process problems

Housing Wire

But now that it’s all but certain we are coming into a true purchase market, the unknown and uncertainty that is the period prior to close will once again come under more scrutiny. With a purchase market, of course, comes higher production costs and weaker margins. Let’s admit it.

Why is the housing market thriving in a pandemic?

Housing Wire

The deadliest pandemic in more than a century has failed to derail the housing market because of the lowest mortgage rates ever recorded coupled with a shift in how people use their homes. The post Why is the housing market thriving in a pandemic?

2021 will be the year of the tech-enabled agent

Housing Wire

With the right tech stack, agents and brokers have access to rich market insights at their fingertips, the ability to provide virtual home tours…and a deeper understanding of what consumers really want in a home.”. Instead, the need for a great agent is stronger than ever.

Agents 219

Top five questions to ask a potential real estate agent

Housing Wire

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. And not everyone — even an agent recommended to you by a friend or loved one — is up to the task.

Agents 285

No seasonal slowdown this year as real estate agents report a busier-than-usual fall

Housing Wire

” Kanacki’s market, like many others, remains competitive as buyers continue to experience bidding wars amid historically low housing inventory and an uptick in home prices. “I Our market hasn’t let off because school has started,” Hamblen said. “We’re

Agents 286

Knock Home Swap expands presence in Florida market

Housing Wire

Knock ’s Home Swap solution is now available in three new markets in Florida: Homeowners in Miami, Fort Lauderdale and West Palm Beach can buy their next home before selling their current one. Knock entered the Florida market in October. with plans to expand to 21 markets by mid-2021.

Knock offers Home Swap in Jacksonville, Florida, market

Housing Wire

Before expanding to Jacksonville, Home Swap opened in the Miami, Fort Lauderdale and West Palm Beach, Florida markets in early December. During that time, the company said it had plans to expand into 21 markets by mid-2021.

2021 New-Agent Recruiting

RIS Media

Four Prime Recruiting Targets for New Agents in the Coming Year. The market will be driven by strong demand, a recovering economy and continued low mortgage rates. Start planning your new agent outreach campaigns now. The post 2021 New-Agent Recruiting appeared first on RISMedia.

Southeastern housing markets have homes “singing out the door”

Housing Wire

Vacation areas and luxury housing markets aren’t the only ones benefitting from a wave of pandemic buyers : southeastern locales are also filling up. Homes are “singing out the door about as fast as they come on the market,” in Little Rock, Arkansas, according to Melissa Bond, a Realtor at United Real Estate – Central Arkansas. The higher end of the Little Rock market is also considerably stronger, which Bond said includes homes priced at $500,000 and above. “I

Knock Home Swap solution enters the Florida market

Housing Wire

Knock Home Swap has expanded into Orlando, Florida and Tampa, Florida, its first markets in the Sunshine State. Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents.

The housing market faced uncertainty in March, but now ‘it’s a circus’

Housing Wire

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents.

When it comes to home sales, August is the new May, keeping agents busy into the fall

Housing Wire

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Homes on the market sold four days faster year over year, as total inventory is down 35%.

Agents 285

23 Real Estate Social Media Marketing Tips From Top Agents

The Close

It seems like everybody is offering advice on real estate social media marketing these days. That’s why we talked to some of the most successful real estate agents in the country to see how actual real estate agents are crushing it on social media today. Marketing

MTV or real estate? How 3 agents use music videos to market homes

Inman

These agents have taken their video marketing to the next level by producing full-on music videos and commissioning musicians to create original works to help sell specific properties.

New real estate agents: Forget the drip email marketing (for now) and do this instead

Easy Agent Pro

Drip email marketing for real estate is, in a way, comparable. In short, a drip email campaign is a marketing method in which marketing emails are “dripped” consistently to your leads and prospects over a period of days, weeks or even months. This is ideal for the new agent.