Tag Archives: Competition

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

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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

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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

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

Competition declines for second straight month, report finds

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The dip in competition can be attributed to the increase in mortgage rates, which reached 5.3 percent in May after starting March at just 3.76 percent. Continue reading →

Appeals court deals blow to NAR, allows pocket listing suit to continue

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Three-judge panel concludes trade group must face allegations that the Clear Cooperation Policy was part of a group boycott to prevent The PLS from competing with MLSs, leaving agents with fewer choices, inflated prices and lower-quality products. Continue reading →

Small, outdoor-friendly rental markets thrived in 2021: RentCafe

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As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found. Continue reading →

The real reason sellers shop by lowest commission

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A homeowner who’s shopping based purely on price isn’t convinced that real estate agents are worth the money, which is why it’s so important that we show them why they are. Here’s the best way to approach the conversation. Continue reading →

7 ways to market your new listing for FREE

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Want to stand out from the competition and win the listing? To maximize the probability that you will get the listing, include these strategies in your marketing plan. The best part? They’ll cost you absolutely nothing. Continue reading →

NAR president to DOJ: Step up and honor the agreement

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In response to the Department of Justice hitting back against a petition from the National Association of Realtors, NAR president Charlie Oppler urged the DOJ to honor their agreement, calling for fair markets, fair housing and a fair chance for small … Continue reading →

‘It’s about time’: Agents cheer as Zillow braces for portal war in NYC

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Agents across New York City were enthusiastic Thursday after CoStar-owned Homesnap and the Real Estate Board of New York announced plans to launch a search portal in 2022. Continue reading →