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As realtors debate rules, AI is preparing to ignore them all

Housing Wire

But because AI is about to reshape how buyers and sellers interact with listings entirely. But because AI is about to reshape how buyers and sellers interact with listings entirely. Nobody is harmed if AI aggregates listings from multiple sources, sharing them directly with buyers. Not because of a policy change.

As-is 358
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As the lock-in effect eases, the market for new homes is shrinking

Housing Wire

This indicates that buyers and sellers alike are showing signs of frustration in waiting for rates to fall. As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. million units. The sales pace was down 3.5% year over year.

As-is 370
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More first-time buyers rely on mortgage rate buydowns to afford homes

Housing Wire

According to HomeLight ‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. 30 and Nov.

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The state of US homeownership: Younger buyers hold the key

Housing Wire

The loan profile of buyers during the post-2010 expansion is excellent. Since 2020, the drastic increase in home prices and mortgage rates approaching 8% made it even more challenging for younger buyers to enter the housing market. From Census : The homeownership rate of 65.7 I was off by 0.2%, and the lowest we got was 62.9%

Loans 478
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Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

Today’s real estate market is at the crossroads between Millennials becoming the biggest segment of home buyers across the country and social media becoming the most important platform to attract potential buyers. Any realtors still trying to use old playbooks are getting left behind.

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Here’s what buyers and sellers want from their real estate agent

Housing Wire

The role of the real estate agent has been under the microscope of late as a result of class-action litigation over agent commissions, but the feedback agents want most about their practices comes from two sources — home buyers and sellers. Help negotiating with buyers registered at just 13%.

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Pending home sales rise again as buyers capitalize on more inventory

Housing Wire

“Despite higher mortgage rates in November and persistent affordability challengers, buyers took advantage of more inventory as pending home sales reached the highest level in nearly two years. . ” Housing industry experts attribute the recent increases in pending home sales to a shift in buyer attitudes about mortgage rates.

Sales 435
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The #1 Reason Why Sales Coaching is Critical to Your 2022 Sales Success

Speaker: Tim Hughes, Co-Founder and CEO of Digital Leadership Associates

Join Tim Hughes, Author of Social Selling – Influencing Buyers and Changemakers and Co-Founder/CEO of Digital Leadership Associates, as he details how investing in sales coaching will teach your team how to navigate social media and, ultimately, lead them to greater sales success. How to achieve leadership buy-in.