article thumbnail

Buyers are being picky — here’s how you can navigate it as a real estate agent

Housing Wire

For what felt like a moment in time, buyers enjoyed the luxury of being incredibly picky, carefully selecting what felt like their dream homes in a market that had shifted towards more favorable conditions. While I hate to be the bearer of bad news, that era is almost most definitely drawing to a close.

Agents 450
article thumbnail

5 Reasons Today’s Housing Market Is Anything but Normal

Keeping Current Matters

Using this definition, here are five housing industry metrics that prove we’re nowhere near normal. Today, the average mortgage rate stands at 2.87%, which is very close to the historic low. Days It Takes To Sell a Home. The days-on-market metric gives an indication of how hot a market is and how quickly homes are selling.

Marketing 255
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Skills Agents Need to Work With Investors & Close 50-100 Deals a Year

The Close

Want to work with all-cash buyers who scoop up multiple properties per year, close fast, and won’t drag you to open houses every Sunday? Building the skills you’ll need to regularly pinpoint undervalued, off-market properties, advise investors, and close sometimes tricky deals won’t be easy. Overpricing the Property.

article thumbnail

Download these 9 real estate prospecting letter templates that actually work

Housing Wire

This is especially effective if you’re newly licensed, just moved to a new area, or simply as an introduction if you’ve haven’t previously told your neighbors that you’re in the real estate industry. You’ll want to include the list price, sale price, and days on market. YouTube Instagram Facebook

Brokerage 438
article thumbnail

Top 10 Home Features that are Surprisingly Enticing for Buyers

Broke Agent Media

While some of the top features also led to faster home sales, others contributed to longer days on market. That said, some features added days on market as well as a sale premium. more, but it can also add an extra two days on market. Homes with quartz countertops sold one day faster and for 2.4%

article thumbnail

Baton Rouge Housing Market: Prices, Trends, Forecast 2023

Marco Santarelli

Here are some of the key Baton Rouge housing market trends to watch in the coming months: Median home sale prices: Home prices are still expected to rise in Baton Rouge, but at a slower pace than in previous years. Days on market: The average number of days a home is on the market is expected to increase slightly as buyer demand cools.

article thumbnail

Brand Report: Three Months of Record-Breaking Home Sales

RIS Media

The streak of record-shattering home sales stretched to three months in September, as closings rose 21.1 On average, homes sold in a mere 39 days—a full week faster than in September 2019. percent year-over-year as the number of homes on the market dropped to an all-time low in the 13-year history of the report. Nashville, Tenn.,

Branding 135