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A San Diego data dive shows a market upended by tight supply

Housing Wire

A sales boom in 2020 and 2021 slashed home listings’ days on market and pushed up home sales’ price per square foot and sale-to-list price ratios. With fewer listings to go around, low-producing brokerages were forced out. Mortgage With fewer listings come fewer home sales.

Marketing 432
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

Brokerage 440
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SmartZip Review: Can data improve your prospecting game?

Housing Wire

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. SmartZip uses predictive analytics to pinpoint likely sellers from 6 to 18 months in advance, offering a huge advantage in today’s low inventory market. Let’s learn how.

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What to Know About Off-Market Homes For Sale

Realty Biz

Off-market properties might be the answer if you want to avoid competition from other buyers when looking for your next home. These home sales are sometimes known as pocket listings or quiet homes and aren’t added to the multiple listing services. Finding off-market properties for sale can be a challenge. Statement 8.0

Sales 107
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The Realtor’s Cut of the Sale is 6%: We Breakdown Commission by Sale Price

HomeLight

The average Realtor®’s cut of the sale is 6% of the home sale price. It’s customary for the seller to pay the commission, deducting money from the sale price. Breaking down the Realtor®’s cut of the sale. Take a look at how this percentage translates into dollars per the following home sale prices: Home sale price.

Sales 109
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DataDigest: Yes, buyer agents steer clients, new study claims

Housing Wire

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. One of the researchers, Will Fried, had a hunch. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Agents 432
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Can I Use Two Realtors to List the Same Property?

HomeLight

In most cases, to achieve the best results when selling a home, you want to find a top-rated listing agent with a proven track record of attracting the best offers (high list-to-sale ratio ) and a favorable selling timeline (low days on market ).

Brokerage 106