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Compass invites outside agents to use Coming Soon listings in latest shot at CCP

Housing Wire

Compass says that the listings protect home sellers against negative insights, such as days on market. According to the company, one of the benefits of Compasss marketing plan is that it hides metrics like days on market and price drop history that tend to negatively impact interest in a given home listing.

Agents 383
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The future of the MLS may be murky, but brokers still want the data

Housing Wire

As a panel of real estate leaders gathered to discuss the future of the MLS at the National Association of Realtors ‘ NXT conference in Boston, Errol Samuelson , Zillow ‘s chief industry development officer, found himself and his company in a bit different standing than usual with the audience of several hundred agents and brokers.

MLS 370
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The debate around Clear Cooperation ignores real solutions

Housing Wire

In such a people-focused industry thats never been one-size-fits-all, why are we trying to force a one-size-fits-all solution that lacks flexibility and transparency for the people that stand to be impacted by it? Not so much; theres been lots of punditry, but little effort to find common ground.

MLS 349
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Price reductions: 6 things to consider before lowering the price

Housing Wire

Before rushing to a price reduction for your real estate listing, its important to take a step back and evaluate all the factors that could be affecting the sale. Is the home being marketed effectively? Is the price aligned with current market conditions? Sellers market : This happens when demand outweighs supply.

Staging 363
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Why industry experts don’t expect mortgage rates to fall

Housing Wire

Despite new language in the Federal Open Market Committee statement that suggested a potential slowdown in curbing inflation, Federal Reserve Chairman Jerome Powell maintained a hawkish tone on raising the federal funds rates during Wednesday’s press conference. million units from 6.18 million in September 2021.

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Fed’s Beige Book offers grim news for housing industry

Housing Wire

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Existing-home sales continued to fall slightly.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Purpose: Real estate newsletters aim to keep your sphere of influence informed about your local market conditions and are an ideal format for consistently reminding your audience of your local market expertise, client service excellence and service offerings. Content: Agents can include any combination of data and information.