Commissions have fallen for homes above $500K, Redfin says
Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading
Overall buyer’s agent commissions average 2.37 percent, essentially unchanged since August. Commissions rose for homes below $500,000, according to the new report. Continue reading
The National Association of Realtors hosted its latest Real Estate Forecast Summit on Thursday, where five of the industry’s top economists shared their predictions for mortgage rates, consumer activity, government spending and macroeconomic trends. Continue reading
Realtor.com launched the latest chapter of its eight-month buyer agency campaign on Tuesday with a passionate open letter from CEO Damian Eales. In the letter, Eales urged local, state and federal legislators to use their upcoming terms to meaningfully… Continue reading
Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings. Continue reading
Existing-home sales continued their downward trajectory in September, declining 3.5 percent year over year and 1 percent month over month, according to data released Wednesday by NAR. Continue reading
Moderating mortgage rates and lessening buyer competition have pushed the U.S. median down payment down 7.33 percent over the past year, according to Realtor.com. Continue reading
Looking for a way to differentiate the service you provide to buyers? Luke Babich writes that a top-down knowledge of down payment assistance programs in your area can help you stand out from the crowd of other agents. Continue reading
Ahead of Inman Connect Austin, Realtor.com Chief Economist Danielle Hale talks mortgage rates, affordability, and when agents and consumers might reach the light at the end of the tunnel. Continue reading
Business has largely continued as usual with 63 percent of agents reporting that sellers are “frequently” covering buyer-broker commissions, according to a new Real Brokerage survey of 300 agents. Continue reading
Realtor.com released its new map-based search experience on Tuesday, which uses color-coded map layers to help homebuyers find their next home based on preferred home features and market trends. Continue reading