Luxury home auctions are having a moment. Here’s how to get in on it

Luxury homes that eventually go to auction sometimes come across as the black sheep of listings and require a nuanced approach. Here are luxury agent Aaron Kirman’s top tips for success. Continue reading

Bidding wars dip for first time in 2022 — but competition still fierce

Agents still face tough conditions despite homebuyer competition, according to a new report from Redfin. Competition is slightly less tough. Continue reading

Existing-home sales drop for second month as buyer demand stalls

Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors. Continue reading

Pivot! Pivot! 8 tips to expertly prepare for a market shift

The real estate market has been on an incredible run for the past two years with real estate agents handily breaking their previous sales records. However, the market has begun to shift as rising mortgage rates, unhinged home price growth, rock bottom … Continue reading

Should your clients bid over asking price? A look at pros and cons

In a hot seller’s market, how should agents help their clients with pricing, bidding strategies and closing successfully? Broker Jenny Usaj offers keys to setting appropriate buyer expectations from the start. Continue reading

‘New York market remains a juggernaut’ in Q1, condo sales thrive

Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory. Continue reading

How to skirt the bidding war: Agents share their strategies

In today’s competitive market, houses in all price ranges are drawing multiple offers, leaving many buyers in the lurch and exhausting agents. Here, pros share with Inman how they’re getting by and what they see as the path forward. Continue reading

The condo recovery is underway — but houses remain hotter

Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities’ urban centers. This follows an early-pandemic softening in the market segment. Continue reading

Elderly, infirm and unemployed: How far should you go for listings?

In an inventory-deprived market, agents are often tempted to use aggressive tactics to score listings. One broker thinks such strategies should be avoided. But what do you think? Continue reading

From NFTs to IPOs: The top real estate investment stories of 2021

Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading