‘Sellers are starting to freak out:’ Redfin CEO sees market slowdown

During his latest CNBC appearance, Redfin CEO Glenn Kelman said rising mortgage rates, softening home price growth and changing buyer attitudes are all signs of an impending shift. Continue reading

How to bring sellers back to reality as the market cools

After a year of booming home price growth and bidding wars, the market is slowing down. Two leading brokers share how to help sellers deal with the shift. Continue reading

The Real Word: Are Opendoor’s plans too ambitious?

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. In this edition of The Real Word, they’ll discuss Opendoor’s expansion plans, Google Alerts for your business and a viral listing. Continue reading

Compass agents anticipate post-pandemic buyer’s market in California

More than 700 Compass California real estate agents shared their concerns and market predictions for when shelter-in-place laws lift in the state. Continue reading

How to avoid overpricing properties in a shifting market

If your market has begun to slow, understanding how to properly price homes in a declining market — and how to talk about it with clients — is critical. Continue reading

Is your hot seller’s market over? How to recognize a slowdown and pivot

Do you have a strategy to thrive in a market slowdown? Agents who survive down markets do so by having a balance between aggressively priced listings and motivated buyers. Here’s how to make sure you always strike that balance, regardless of market.
Continue reading

Facing a buyer’s market? 5 pivots listing agents must make

Based on the numbers and our personal experience of a larger number of prospects shopping but not buying, we suspect the seller’s market is about over. Here are five areas listing agents need to rethink and focus on when buyers are calling the shots. Continue reading

Home profit margins soften nationwide

Homeowners who sold their home in Q1 2019 experienced an average price gain of $57,500 since purchase — a $2,500 quarter-over-quarter decline from Q4 2018 and a $767 year-over-year increase from Q1 2018. Continue reading

Why 2019 won’t be the year of affordable homes

Though the market will be tough for buyers, those who can stay in the market will face less competition and fewer bidding wars. Sellers will still profit, but less than in the recent past. Continue reading