Housing Wire

NOVEMBER 1, 2023

Three researchers believe a first-of-its-kind dataset has enabled them to definitively answer a long-debated question: why have buyer agent commission rates been so stable historically? and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Agents 459

Agents Sales As-is Finance 459

Housing Wire

JANUARY 23, 2024

home sales in nearly 30 years as high mortgage rates frustrate buyers, the market is reshaping real estate once again, placing buyers on the back foot and swinging the pendulum back to favoring sellers. The changing tides Previously, buyers were able to look for over a month, as average days on market continued to climb.

Agents 476

Agents Equity New Construction Days on market 476

Housing Wire

APRIL 22, 2025

Additionally, the form notes that if a property is marketed as a private exclusive, it will not be publicly advertised through the MLS. There is no disclosure that if property is being privately listed but publicly marketed in any way, it probably never will be able to be listed by Zillow and Redfin , he added.

Brokerage 329

Brokerage MLS Agents As-is 329

Housing Wire

MARCH 14, 2024

No matter where you are in the state, real estate agents in Virginia are facing low inventory conditions that are creating frustrating scenarios for their buyers. “I Out in Wise, Virginia, near the westernmost tip of the state, RE/MAX Cavaliers agent Brett Tiller and his clients are also struggling to find suitable properties.

Agents 459

Agents Seller concession Marketing Days on market 459

Housing Wire

DECEMBER 6, 2024

Real estate agents often make the mistake of believing their clients will remember them forever but they dont. Its up to us as agents to stay engaged and stay in contact with our clients. Content: Agents can include any combination of data and information. When you buy through our links, we may earn a commission.

Pre-approval 397

Pre-approval Design Industrial Agents 397

Housing Wire

APRIL 16, 2025

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Faster sales not only allow us to help more clients each year, they also help alleviate some of the stress and anxiety that come with a commission-only career. Days on market accrue.

Closing 257

Closing Pre-approval Pre-qualification Agents 257

Housing Wire

MARCH 14, 2025

Why are real estate statistics important for agents? As mentioned, the knowledge is powerful, but there are other ways you can use these stats to boost your lead generation and nurturing, marketing and street cred. This proves your expertise to clients and allows you to provide them with knowledge about the real estate market.

Marketing 350

Marketing Commercial Agents Property Management 350

Housing Wire

APRIL 8, 2025

After Jensen took over as CEO in 2015 , MRED created an internal MLS private listing network after survey feedback from subscribers found that many were frustrated by the number of pocket listings and sales occurring. We communicate heavily whenever theres any change to one of our customer or user experiences, Jacobson at Prime MLS said.

MLS 323

MLS As-is Industrial Agents 323

BAM Media

DECEMBER 2, 2024

” It’s the time when some agents ease off the gas, while others push full throttle, setting themselves up for a strong finish to 2024 and a head start in 2025. As you go through each neighborhood, you can also discuss its average sales price and perks to show your market knowledge. This is a can’t-miss event.

Agents 105

Agents Inspection Title Days on market 105

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. Sixty percent of agents surveyed believe that social media provides higher quality leads than the MLS.

Agents 435

Agents Lending Renovation Staging 435

Housing Wire

AUGUST 8, 2024

Now they will have to come up with payment for real estate agent services, but that may be challenging for some who are already challenged in terms of coming up with enough down payment,” Hepp said of first-time buyers. “So, In a normal market, homes sell and list for really close to the same dollar amount.

Debt-to-income ratio 488

Debt-to-income ratio Marketing Mortgages Days on market 488

Housing Wire

SEPTEMBER 30, 2024

We are seeing some price drops start to happen and a little bit longer days on market.” Fontantella isn’t the only one seeing slower market conditions in Bergen County. The Altos Research Market Action Index score for the county has dropped from a 90-day average of 54.63 in early May to 47.88 as of Sept.

Marketing 430

Marketing Home sale contingency Days on market Agents 430

Housing Wire

FEBRUARY 19, 2025

Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. Take the time to walk them through what they can expect from showings to closing day.

Closing 346

Closing Earnest money deposit Due diligence Pre-approval 346

Housing Wire

DECEMBER 21, 2021

You’d be surprised at the amount of people who can just see past the snow and the dark,” Megan Daniel, a local Keller Williams agent said. The median November home sales price in Alaska was $350,250, which is slightly up from 1.2% The median sales price is down from a record high of $375,000 in June. In November there was 1.36

Land 418

Land Days on market Agents Marketing 418

Housing Wire

JANUARY 22, 2025

Much of the criticism surrounding CCP has been about how certain information (like days on market and price drop history) can supposedly have a negative impact on a listing. But Carter believes this information is vital for consumers, as days on market helps a buyer negotiate a price while helping a seller with pricing strategy.

MLS 384

MLS Proof of funds Brokerage Days on market 384

Housing Wire

JULY 24, 2024

Sales of both new homes and existing ones have declined, and it’s affecting how long homes stay on the market. of listed homes in June stayed on the market for more than 30 days, which is up from 59.6% The share of homes on the market for two months or longer is also rising and currently sits at 40%, up from 38.4%

Days on market 435

Days on market Mortgages Marketing Sales 435

Housing Wire

NOVEMBER 30, 2021

What matters for your market (wherever you are) is what patterns are developing near you. new listings, sold listings, days on market, off-market listings?—?will the trends and patterns that are unique to your market and will allow you to?identify?any Being a market expert helps your brand? ?. will help you?identify?the

MLS 468

MLS Branding Agents Staging 468

Real Estate News

APRIL 14, 2023

A new report identified areas with the biggest increases and decreases in days on market. Agents in Erie, Charleston and Chico share their insights.

Marketing 268

Marketing Sales Days on market Agents 268

Housing Wire

FEBRUARY 28, 2024

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. Mortgage data paints a similar picture of the increasing competitiveness of the San Diego market. Mortgage With fewer listings come fewer home sales.

Marketing 459

Marketing VA loan Days on market Loans 459

Real Trends

APRIL 3, 2023

Over half of buyers’ agents (58%) report that staging a home has an effect on most buyers’ view of the home most of the time, according to the National Association of Realtors ’ 2023 Profile of Home Staging report. The report is based on a survey sent out to a random sample of 43,176 active NAR agents in January 2023.

Days on market 106

Days on market Staging Agents Marketing 106

Housing Wire

JUNE 28, 2024

According to local real estate agents, the region’s housing market seems to have read the same memo, as June did not bring the same market boost as many have grown accustomed to. Despite the slowdown, Andy Smith, the broker-owner of Badger Peabody & Smith Realty , said the market is actually still quite strong.

Marketing 397

Marketing Days on market Agents Inspection 397

Housing Wire

JULY 18, 2024

We all know that sellers hear what they want to hear and believe what they want to believe when it comes to how market conditions will impact the sale of their home. They believe their home is special and people will be knocking on the door with full price offers within days of hitting the market. The agent , of course!

Days on market 445

Days on market Sales Marketing Agents 445

Realty Biz

FEBRUARY 25, 2022

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

Days on market 126

Days on market Marketing Renovation Staging 126

HomeLight

APRIL 18, 2022

The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. For instance, in Lafayette, LA the median days on market spent is 72 days, while in Atlanta, GA that number is 33 days.

Days on market 122

Days on market Marketing Inspection Staging 122

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I Last year we were still adjusting from the effects of the pandemic market, but now the trends seem to be getting back to our baseline, which is more like our 2019 market,” Smith said.

Marketing 448

Marketing Seller concession Due diligence Days on market 448

HomeLight

OCTOBER 21, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. Our service is 100% free, with no catch.

Days on market 111

Days on market Agents Development Sales 111

Toronto Realty Blog

OCTOBER 3, 2022

” Last week, an agent on my team said there was a new listing that his clients were interested in, priced at $1,599,900, with offers ‘any time,’ and he asked, “What’s the least I can offer on this? . The listing agent has all the leverage here. But we know what the listing agent is going to say.

Days on market 105

Days on market Marketing Agents As-is 105

Housing Wire

MAY 14, 2024

With a 90-day average median list price of $4.3 Most of the demand is coming from first-time buyers,” Trevor Levin, a local agent with Los Angeles-based Nourmand & Associates , said. Real estate professionals in Santa Monica attribute the increased share of first-time buyers to having fewer move-up buyers in the market.

Backup offer 448

Backup offer Days on market Inspection Marketing 448

Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said.

Marketing 448

Marketing Residential Construction Sales 448

Housing Wire

APRIL 15, 2022

We are still seeing numbers in the teens for days on market, which isn’t good. We would like to get this back to 30 days, but anything in the 20s is a victory. In NAR ‘s most recent existing-home sales report, as you can see below, the days on market is still at a teenager level.

Mortgages 511

Mortgages Marketing Sales Days on market 511

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday. Days on market increased slightly but remained below historic averages.

Mortgages 448

Mortgages Residential Construction Lending 448

Housing Wire

APRIL 22, 2024

Access to a hyper-local agent is more important now than ever. You can absolutely send this type of mailer to homeowners around a recently sold property that someone else sold — but make sure you adjust the language and ensure it’s clear you were not the listing agent. Great news! Your neighborhood is hot! Your neighborhood is hot!

Brokerage 465

Brokerage Investor Agents Sales 465

HomeLight

OCTOBER 11, 2024

A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price. Agents don’t pay us to be listed, so you get the best match. Along with a higher number of days on market , you might see a recent price reduction.

MLS 111

MLS Sales Inspection Agents 111

Housing Wire

JULY 10, 2024

While Northwest Ohio ’s housing market has remained fairly strong in recent months, local real estate agents say things become a bit more complicated when you segment the market by price point. and are spending a median of 56 days on the market. And that is pretty significant.” For Campos, the No.

FHA loan 433

FHA loan Inspection Agents Marketing 433

Marco Santarelli

MARCH 19, 2025

Is the Bay Area housing market finally turning a corner? The Bay Area housing market experienced a significant surge, recording the largest gain in home sales across all major California regions. increase in sales compared to last year. This provides a more nuanced understanding of the market dynamics at play.

Sales 98

Sales Marketing Development Mortgages 98

Housing Wire

AUGUST 25, 2024

With technology changing faster than new agents answer phone calls, choosing the right real estate brokerage software can sometimes feel like a full-time job. The right real estate brokerage software will help you gain market share, train, recruit, and retain more (and better) agents, and make more profits.

Brokerage 435

Brokerage Branding Agents MLS 435

Housing Wire

OCTOBER 25, 2021

For the fifth consecutive month the number of bidding wars on home sales declined, according to a new report from brokerage Redfin. of offers written by Redfin agents ended up in a bidding war, the lowest rate so far in 2021 and nearly on par with the September 2020 bidding war rate of 58.3%. In September, 58.9% A month prior , 60.8%

Renovation 435

Renovation Brokerage Banks Agents 435