Robert Reffkin: What we have now is a ‘connection issue’

The CEO stressed to agents during a keynote address at Compass RETREAT on Tuesday that getting back to basics and forging sincere connections with clients would be the key to surviving and thriving in the current market. Continue reading

CrossCountry Mortgage CEO nails profit on $30M Fort Lauderdale pad

Ronald Leonhardt Jr. purchased the Harbor Beach home for $23 million in 2021. It includes 120 feet of water frontage, a lap pool, a full summer kitchen and docking capabilities for a megayacht. Continue reading

8 reasons sellers aren’t selling (and how to get them off the fence)

Interest rates, insurance premiums, tax concerns and more are keeping sellers from putting their homes on the market and forcing them to defer their dreams. Team leader Carl Medford believes it’s up to real estate agents to communicate effectively and … Continue reading

Nearly 1 in 9 US homes command $1M as luxury prices soar in June

The share of U.S. homes valued at $1 million or more stopped shy of a record notched last summer as high mortgage rates and low inventory drove home prices upward in June, a Redfin analysis shows. Continue reading

It’s time to put American innovation to work for housing

America was built on innovation, yet we’ve thrown up our hands when it comes to our most intractable housing problems. As real estate experts, it’s time for us to get busy. Continue reading

Low inventory propped up price growth this spring

U.S. home values grew 1.4 percent between April and May of 2023 — slower than the past two springs but faster than both the 2018 and 2019 spring markets. Continue reading

70+ strategies to generate listings in today’s market

No matter what the market conditions, a well-balanced real estate business requires listings. Here’s how to find them. Continue reading

Frustrated with inventory? 5 tips for getting creative

Working in a low inventory market can be frustrating for all parties involved. Broker Julie Bubsy offers advice on how to create inventory for your clients when there is seemingly nothing there. Continue reading

Time to get creative: 3 strategies for finding buyers homes

Buying a home is hard, but it’s not impossible. As a knowledgeable expert with a fiduciary duty to your clients, it’s your role to help buyers weigh and evaluate their options. Continue reading

Gentle persuasion: Help your buyers change the narrative on low inventory

The low inventory problem isn’t always with the market, according to broker Cara Ameer. Sometimes it’s with buyer expectations and the way you manage them (or don’t) as their real estate agent. Here’s a letter she wishes she could send to every wannabe… Continue reading