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From consultation to closing: The definitive homebuying checklist

Housing Wire

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

Closing 357
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Housing market hinges on mortgage rates and supply, not commission structures

Housing Wire

Incomes, wealth, life events, mortgage rates all play a role in determining housing demand, while on the supply side we have land costs, government regulations in terms of zoning rules, geographic constraints to building and builder financing costs,” Divounguy added. “So, As these business practice changes begin Aug.

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19 real estate agent tips for beginners to kickstart their careers

Housing Wire

It can take weeks or even months to find your first client, weeks or months to go under contract on a property, then typically another six to eight weeks until closing. Save money for taxes Once a new real estate agent has their first closing, it can be tempting to go on a shopping spree and celebrate. By studying the market.

Agents 354
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SmartZip Review: Can data improve your prospecting game?

Housing Wire

Smart Targeting: Automated marketing to homeowners, including an eight-week, eight-email drip campaign, targeted online advertising, and direct mail. This enables you to focus on prospects who have scored high using the algorithm, and leverage one-on-one personalized marketing combined with targeted online advertising to get listings.

Branding 436
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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

But real estate agents noted that higher interest rates have severely limited new listings over the past year and were responsible for the significantly lower level of closings. Days on market increased slightly but remained below historic averages. Sales prices have flattened, but there were still multiple offers on many homes.

Mortgages 425
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The nation’s housing market is on a correction course

Housing Wire

The worst price declines [are projected to] be close to double digits — [near] 10% peak to trough — [in places like a] Phoenix, or Tampa. However, contacts reported there was a shift in market activity to slightly lower sales volumes and a reduction in buyer traffic, which they attributed to higher mortgage rates.

Marketing 400
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Pros and cons of buying out-of-state rental property in 2022

Housing Wire

You found a property you love and may want to retire to one day but will rent in the meantime. Before we get into how you invest in real estate outside your state, let’s look closely at the benefits so you can see why it’s a good idea for many investors. Market Growth. You May Save Money.