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Jennifer Yeo’s 5 Keys to Real Estate Agent Success
There are five things all successful real estate agents do. In a recent webinar on Weekly Real Estate News, successful real estate agent Jennifer Yeo shares the secrets. Continue Reading Jennifer Yeo’s 5 Keys to Real Estate Agent Success
Search by School Feature Added to Zillow App
The feature is currently available on the iOS mobile app and will be on Android platforms by the end of the year. Continue Reading Search by School Feature Added to Zillow App
Additional Reading: Realtor Tools & Insights
DELVING INTO REAL ESTATE SOCIAL MEDIA MARKETING BEST PRACTICES
Source: Ris Media --- Looking to recruit quality agents, attract potential buyers and elevate your brand? When it comes to Instagram, Facebook, Twitter, LinkedIn and even TikTok, we have 8 best practices to live by. Social Media Marketing for REALTORS® Keep it...
HOW EFFECTIVE WILL THE NEW BING AI CHATGPT BE FOR REAL ESTATE AGENTS
Source: Realty Biz News --- Technological advances currently feel like a blink-and-you'll-miss-it scenario. It was merely weeks ago when Microsoft released Bing Chat-GPT, and it's already become a hot talking point. Real estate agents are forever discovering new and...
5 inspiring home staging trends for spring
Source: Inman --- If you’re staging luxury properties for sale this season, then I have a challenge for you. Rather than viewing it as an obligation, see it as an opportunity to be your most creative, inspired, and visionary self as you help your sellers wow...
Who Pays the Real Estate Commission and Closing Costs: The Homebuyer or Seller?
Source: Realtor --- Do you know how much an average real estate agent commission is? Or who pays real estate agent fees and closing costs? If you’re scratching your head, you’re not alone: More than half of Americans don’t know what the average real estate agent...
The Great Real Estate Slowdown: 10 Markets Where Homes Linger the Longest—and Buyers Gain an Edge
Source: Realtor --- In the fraught, pressure-packed, scarily unpredictable summer 2022 housing market, home sellers and buyers are compulsively tracking key real estate metrics like baseball obsessives tracking box scores—only with way more on the line than the...
Hottest US Housing Markets Now Have Bigger Share of Price Cuts
Source: Yahoo Finance --- (Bloomberg) -- US cities that saw some of the biggest jumps in home prices during the pandemic now have the largest shares of price cuts, according to data compiled by Zillow Group Inc. Overall, the proportion of active real estate listings...
Demand For Vacation Homes Is Now Below Pre-Pandemic Levels
Source: Redfin --- High home prices and mortgage rates, along with economic uncertainty and an increase in second-home loan fees, have put an end to the pandemic-driven vacation-home boom. Demand for vacation homes has fallen below the pre-pandemic baseline for the...
REAL ESTATE AGENT TRAINING: THE SECRET TO SUCCESS IN A CHANGING MARKET
Source: RisMedia --- In today’s changing real estate market, agents must be up-to-date on industry trends, as well as the larger fiscal changes in the world around us. From new technologies to inventory issues, to the post-pandemic shifting of customers’ needs, real...
What Is an Escalation Clause in Real Estate and When Should You Use One?
Source: Realtor --- What is an escalation clause in real estate, and how does an escalation clause work? When you’re deciding on what price to offer on a home, the situation might call for a single price or, in some cases, numerous prices via an escalation clause. In...
How To Reinvent Yourself & Your Business Enterprise
Once you have decided to reinvent yourself, the next decision is whether to stay in your chosen field or select a new one. Continue Reading How To Reinvent Yourself & Your Business Enterprise
Existing-home sales dip again as median prices reach historic heights
Source: Scotsman Guide --- Existing-home sales fell for the fourth straight month in May, sliding to a two-year low as median prices topped $400,000 nationally for the first time ever, according to the National Association of Realtors (NAR). Total sales ended May at a...
More Than 40% of Home Sellers Are Dropping Their Prices in Salt Lake City, Boise, Sacramento and Other Pandemic Hot Spots
Source: Redfin --- An increasing share of home sellers are lowering their asking price as rapidly rising mortgage rates cut into buyers’ budgets and homebuying sentiment drops. Price drops are especially common in mid-sized metros in the West–particularly in Utah–many...
Homebuyers on a $2,500 Monthly Budget Have Lost $118,000 in Spending Power This Year Amid Surge in Mortgage Rates
Source: Redfin --- A homebuyer on a $2,500 monthly budget has lost nearly $120,000 in spending power since the end of last year as mortgage rates have nearly doubled. That buyer can afford a $399,750 home at today’s mortgage rate of roughly 6%. That’s a staggering...
