The Number One Mistake Sellers Are Making: Overpricing Their House
Keeping Current Matters
AUGUST 21, 2024
In today's housing market, many sellers are making a critical mistake: overpricing their houses.
Keeping Current Matters
AUGUST 21, 2024
In today's housing market, many sellers are making a critical mistake: overpricing their houses.
Housing Wire
AUGUST 17, 2024
Have lower mortgage rates already started to slow down housing inventory? I have a simple weekly growth model with the Altos inventory data: when rates are high, over 7.25%, inventory should grow between 11,000-17,000 weekly. This has happened six times this year and even though that would be an average inventory growth level with higher rates, it didn’t happen even once last year.
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Real Estate News
AUGUST 22, 2024
Homie says the defendants — NAR, 4 top brokerages and a Utah MLS — conspired to control competition in the industry and steered buyers away from its listings.
Inman
AUGUST 22, 2024
The suit accuses NAR and major franchisors of breaking antitrust laws. The company's complaint includes alleged text messages in which agents refused to show Homie listings.
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Keeping Current Matters
AUGUST 22, 2024
Have you ever heard the phrase: don’t believe everything you hear?
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
AUGUST 23, 2024
Watch the conversation with analyst John Campbell on the winners — and “not winners” — among public real estate firms, plus a bold guess about agent attrition.
Inman
AUGUST 23, 2024
"Americans should not have to pay more in rent because a company has found a new way to scheme with landlords to break the law," Attorney General Merrick Garland said on Friday.
Seattle Times Real Estate
AUGUST 21, 2024
Officials are offering tax breaks and regulatory relief as fewer office workers return to once-busy areas. In Seattle, nearly a third of downtown office space is empty or available for sublease.
Housing Wire
AUGUST 20, 2024
As the cost of living remains elevated, more seniors — even those in “senior strongholds” like South Florida — are choosing to return to work. This pattern among seniors living in and around Fort Lauderdale was recently profiled in an article in the South Florida Sun Sentinel. It falls in line with a broader national trend indicating that nearly 20% of Americans ages 65 and older remain in the workforce, totaling about 10.6 million people.
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Real Estate News
AUGUST 17, 2024
Important practice changes required by the NAR settlement take effect today, affecting buyer agent agreements and compensation. “We are in this together.
Inman
AUGUST 23, 2024
Zillow is continuing its leadership shuffle, with the Seattle-based residential portal announcing a new senior vice president of agent sales on Friday. Former PayPal executive Soumya Tulloss will lead Zillow's agent sales, the segment that includes flagship products Zillow Showcase and Zillow Premier Agent.
RIS Media
AUGUST 22, 2024
Would you like excellent moving tips for the summer? Moving after selling your home in the summer can present unique challenges and opportunities. The warm weather, peak moving season and specific logistical considerations all play a role. My guide will teach you to manage these factors effectively to ensure a seamless transition. I will provide… The post Tips for a Smooth Move After a Summertime Home Sale appeared first on RISMedia.
Housing Wire
AUGUST 21, 2024
While there have not been any “ horror stories ” in the first few days since business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement were implemented, that doesn’t mean it has been completely smooth sailing for real estate professionals. For Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , one of the largest hiccups so far was when one of her agents brought a buyer offer that included concessions to a sel
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Real Estate News
AUGUST 19, 2024
The transformative newspaper exec moves into the permanent CEO role at the National Association of Realtors — the U.S.’s largest trade association — this week.
Inman
AUGUST 23, 2024
Establishing yourself as a luxury real estate agent doesn't have to cost more, broker Tara Meier writes. It's about a simplified aesthetic and a strong sense of your value proposition.
Seattle Times Real Estate
AUGUST 23, 2024
Washington Attorney General Bob Ferguson’s office estimates that landlords have used the software to set rents for 800,000 Washington leases since 2017.
Housing Wire
AUGUST 19, 2024
The landmark date of Aug. 17, 2024 , has come and gone, and the real estate industry is still plugging along, despite the business practice changes mandated by the National Association of Realtors’ (NAR) commission lawsuit settlement agreement now being implemented nationwide. In the Greater Boston area, Linda O’Koniewski , the broker-owner of Leading Edge Real Estate , described the first few days of the business practice changes as “uneventful.
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Real Estate News
AUGUST 22, 2024
Top execs discussed how the company is addressing industry practice changes, including its intention to display compensation on its listings.
Inman
AUGUST 21, 2024
Doug Miller of Consumer Advocates in American Real Estate, the initiator behind the first bombshell antitrust lawsuit, sounds alarm against Realtor talking points that "continue steering.
RIS Media
AUGUST 19, 2024
Selling a home with an existing mortgage involves several crucial steps. My easy-to-understand guide will walk you through the entire process. In my article, you will learn the following information: Steps to sell a house with a mortgage Managing equity and dealing with negative equity Legal and tax considerations for home sellers From almost forty… The post What Happens to the Mortgage When You Sell Your House?
Housing Wire
AUGUST 19, 2024
More than four in 10 distressed properties purchased at auction are in underserved neighborhoods with low incomes or high minority populations, neighborhoods that often have been overlooked and left behind. “Those areas that I’m now developing I grew up in. And I remember being in those areas without hot water. I remember what it’s like to have slumlords,” said Jermaine Morgan, a Columbus, Georgia-based local community developer who purchases distressed property at auction.
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Real Estate News
AUGUST 20, 2024
The pendulum is swinging in buyers' favor this fall. See which three trends could finally give them some leverage.
Inman
AUGUST 23, 2024
Active homebuyers are motivated by numerous factors — including a desire to find a larger or nicer home in this high-rate environment — according to the latest Inman-Dig Insights consumer survey.
RIS Media
AUGUST 22, 2024
The real estate industry is overflowing with turnkey software that’s exactly the same across every installation. While this is often fine at the agent and, to an extent, broker levels, a “one size fits all” strategy isn’t robust enough for the needs of MLSs, particularly when it comes to property data. Flood maps, for example,… The post The Importance of Diverse Data Sets appeared first on RISMedia.
Housing Wire
AUGUST 22, 2024
Is the sky really falling? If you’ve been listening to the usual industry grifters—masquerading as experts—you might think so. But what happens when click-bait theories meet main street practice? Indiana’s early adoption of the NAR settlement changes on July 1st offers a unique opportunity to separate fact from fiction. As industry leaders, we’ve heard dire predictions and seen elaborate solutions.
Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty
Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.
Real Estate News
AUGUST 22, 2024
The Fed is expected to cut interest rates next month, but it could take a big drop to spur a rebound in sales — though things are starting to look up.
Inman
AUGUST 20, 2024
The National Association of Realtors' proposed settlement agreement requires brokers and agents to sign contracts with buyers they're "working with." But what exactly does that mean?
RIS Media
AUGUST 22, 2024
It seems the benefits of AI in real estate are largely categorized as time and cost savings. With AI, real estate professionals can elevate their game by focusing on their clients and brands, freed up from writing ad copy or managing operations. However, AI tools can, and should, do much more for real estate professionals.… The post Does Your Real Estate AI Come With Cleverness?
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