‘Do I need to disclose?’ Even more queries ChatGPT can’t answer

ChatGPT can be a useful tool, but it spits out a lot of bad advice, writes Bernice Ross. In Part Two of the series, find out what seller information the AI gets wrong. Continue reading

Homebuyers and sellers have a ton of misconceptions, new poll shows

Homebuyers and sellers are struggling to keep up with the rapidly shifting market, according to a Zillow survey of real estate agents, which found many believe home prices will fall steeply in 2023. Continue reading

These marketing terms are officially cliched. Here’s what to write instead

Consumers know that agents are famous for tweaking listing descriptions to lure them in to see the home. Avoid using these seven terms, and try these fresh alternatives instead Continue reading

That’s a deal-breaker! 15 reasons buyers are backing out

The recent uptick in canceled contracts reveals that buyers with tepid toes have begun actively looking for valid ways to terminate their purchase, writes mega team leader Carl Medford. Here is his list of top 15 potential deal-breakers. Continue reading

How to use a multiple-offer mindset in every bidding scenario

Closing on a home takes effort, strategy and skill. Expert and team leader Tom Toole says that if the sizzling markets of the past two years have taught us anything, it’s this: never assume your offer is the only one. Continue reading

Your prediction about the housing market is probably wrong

Forget the memes. According to broker Teresa Boardman, if you’ve been around real estate for any length of time, you know that the only thing you can expect is the unexpected. Continue reading

No offers on your latest? 8 ways to kick start a stale listing

Wondering what to do about that “stale bread” listing? Coach Darryl Davis shares strategies to help you get it noticed for all of the right reasons. Continue reading

Following 6-month slowdown, the home-sale boom may finally be over

Home sales were down 19 percent year over year in July, a sign the pandemic-era boom in housing demand may be in the rearview mirror, according to new data released Monday by Redfin. Continue reading

After a decade of uninterrupted rise, Zestimates are dropping

“While July’s housing market data update is big news, and could get first-time buyers’ hopes up, the future is unlikely to bring meaningful improvement to housing affordability,” Zillow’s latest market report reads. Continue reading

Home inventory rose at record pace in July, despite fewer new listings

The long-awaited recovery in home inventory is in full swing. It’s not being driven by a rise in new listings but by the ongoing slowdown in demand from buyers, according to Realtor.com Continue reading