Rivals to allies: Foster healthy competition with these 4 rules

Healthy competition should be the foundation upon which we strive to provide our clients with the highest level of customer service and care. Team leader Carl Medford outlines the difference between healthy and toxic ways of engaging. Continue reading

NAR-DOJ ruling divides agents over commission, pocket listing rules

Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is “overreaching” in the case and on whether changes to the controversial rules are necessary. Continue reading

7 things your competition hopes you won’t do

If you slack off or lose focus on certain aspects of your business, your competition will benefit — and they know it. Here is Jimmy Burgess’ list of the top things your competition hopes you slack off on. Continue reading

What’s wrong with training your competition?

Lately, one of the big fears that real estate team leaders have is about investing time and money into training new agents who may eventually leave. The fear is that they are training their future competition, all while wasting time and resources. But … Continue reading

Home offers facing competing bids have plunged over the past 6 months

Fewer homebuyers are facing even a single competing offer. And when buyers find themselves in bidding wars, the field is less crowded, according to a report from Redfin. Continue reading

Half of Redfin home offers now face no competing bids, new report says

In the month of June, just under 50 percent of home offers written by its agents faced competition on a seasonally-adjusted basis, the lowest rate in over two years, the brokerage reported. Continue reading

The seller’s iron grip loosens as bidding wars ease, price cuts rise

The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin. Continue reading

Buyers are still fighting hard, despite costly home payments

The monthly payment on a typical home is 50 percent pricier than it would have been a year ago, yet competition remains fierce. Continue reading

Homebuyers descend upon a key battleground: the suburbs

The pandemic-era home market has been marked by frenzied competition among buyers. But one arena in particular has been hardest-fought. Continue reading