The #1 reason that the real estate market has been in the doldrums over the last few months is because of the inept response from realtors on how to handle it. There hasn't been ANY real guidance or advice coming from NAR and other industry leaders on what to do,...
How the mainstream media is reporting today's Case-Shiller numbers: U.S. single-family home prices slowed further in September as higher mortgage rates eroded demand. Monthly house prices fell in July for the first time since late 2018. The housing market has been...
I said on the Frenzy Cruise that I'd also recognize the NSDCC sales that closed well under their list price. It's good for potential sellers to see how buyers will lowball homes that have been on the market for a while - and encouraging for buyers to know that they...
Buyers have become more reluctant about executing the terms of the contract - and the NBPs are back! Here is the explanation on how they work: Q. My buyer was sent an NBP on Wednesday. My question is does the NBP expire 48 hours from delivery/reception, or at 11:59:59...
If you are on the fence about how to sell your house, and you don't really need to sell anyway, here's one reason to go all in and sell on the first try. You sure don't want to fail, and be an expired listing. You remember our sellers who decided to rent their house,...
The local market conditions appear to be getting worse every day, mostly because the headline writers and social-media experts are piling on now. What can listing agents do? When most agents are content to show their listings and then go wait by the phone, there are...
Over the last few years there are two groups of buyers who have been left behind; the self-employed who have a tough time qualifying for a mortgage, and the contingent buyers because there have been enough non-contingent buyers that sellers would prefer. There hasn't...
With the number of sales taking a dive for the next few months - which could turn out to be a few years - we really don't need as many realtors. Older agents who have been looking for a reason to retire sure have one now, especially if they believe all the...
Whoever advertises the most, wins the game. I know agents who spend $25,000 to $50,000 per month! Aug. 4, 2022- Zillow, Inc. and Opendoor Technologies Inc. have announced a multi-year partnership that combines two category leaders to transform how people start their...
The MLS company in Washington state is looking to help with the transition of how buyer-agents get paid. I'm not sure the agents appreciate it though! Could this help sellers see that paying a bounty to buyer-agents would incentivize a sale? The NWMLS, with its...
