Real Estate CEOs Mull 2022 Landscape, Slowdown
“Comparing anything to 2020 or 2021, it doesn’t make any sense.” That is the conundrum—summed up frankly by Anne Marie DeCatsye, CEO of the Canopy REALTOR® Association in Charlotte, North Carolina—for anyone trying to parse out the current real estate market. As economists and practitioners all across the country have sought for months to draw […]
Moving With Kids
Home buyers and sellers with children face a unique set of difficulties and stressors during the moving process. www.nar.realtor – Real Estate Story Ideas
Real Estate Leaders Face Another Setback in Burnett/Sitzer Lawsuit
As the fight to preserve the agent compensation structure wages on, real estate leaders and advocates were dealt another courtroom loss in a critical antitrust lawsuit with potentially disastrous consequences for the industry. A Missouri federal judge recently denied a motion by HomeServices of America (HSOA), the National Association of REALTORS® (NAR), RE/MAX and Keller […]
Finally, a Pause in Mortgage Rate Hikes
After several sharp spikes and nearly doubling over the last year, mortgage rates took a breather this week, decreasing from 5.81% the previous week to 5.7% this week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, released Thursday. Key findings: 30-year fixed-rate mortgage averaged 5.70% with an average 0.9 point as […]
Preparing for Winter in Fall
Autumn’s arrival means sweater weather, pumpkin flavored everything and getting the house ready for winter. Smart homeowners know that the perfect time to start preparing for cold weather is before the weather arrives. www.nar.realtor – Real Estate Story Ideas
Second-Home Hot Spots Become Rental Hubs
Average rental prices in popular second-home markets have climbed 17% year-over-year compared to 10% in other markets. www.nar.realtor – Vacation, Resort, and Second Homes
Manage Your Seller’s Expectations Through Seasonal and Market Adjustments
The No. 1 goal of a listing appointment is to obtain the listing. As late summer/early fall approaches, it’s a challenging time due to sellers having unrealistic expectations. They’re looking at comparable properties that recently sold, but were listed in the spring or early winter when there was much less inventory. Whether it involves price […]
Commissioned Study Shows That ‘Decoupling’ Agent Commission Is a Bad Bet for Consumers
What would happen if homebuyers were required to pay their real estate agents directly? That question may likely be on many people’s minds as several lawsuits aimed at the real estate commission structure persist. A recent study looked at the potential implications of indulging the proposed “decoupling” of agent compensation. It paints a bleak picture, […]
6 Proven Methods to Run Your Team Like a Brokerage
Most team leaders we coach want to accomplish work/life balance while running a highly profitable, growing and successful team with year-over-year increases in sales, revenue, marketshare and profit. This can be achieved, yet it requires many disciplines and systems in place in order to create results and incredible month-after-month growth and sustainability. Making the shift […]