Your local housing market is complicated. Know your numbers, and use your words

Understanding local real estate data can separate the pros from the wannabes. Teresa Boardman explains how her evening bike ride turned into a lesson about the words consumers are hearing most about the market. Continue reading

5 truths every agent should know about shifting markets

A shifting market differentiates those who’ve developed professionally and those who are just pretending. Jimmy Burgess provides the reality check that you need right now. Continue reading

Are sellers aiming too high? Price cuts abound throughout the US

More sellers dropped their asking prices in June almost everywhere in the U.S. In some places, more than half of homes for sale saw a cut. Continue reading

Real estate agents should be ‘chief economists’ for their clients

Armed with knowledge of market trends, agents can earn sellers’ trust and have more leeway to set strategy, top brokers said at Inman Connect Now. 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

‘For sale by owner’ homes hit 40-year low. Is it even worth the effort?

Most homeowners who forego an agent are selling to someone they know, leaving a small group that fends for themselves on the open market, several new reports reveal. Continue reading

Win the winter sales slowdown with these 5 cozy real estate listing tips

Sellers who highlight their home’s coziest winter features can stand out in what is traditionally considered a slower time for sales, according to a new analysis from Zillow released Monday. Continue reading

Clients may peek online, but 9 in 10 still turn to an agent: survey

A recent survey of thousands of buyers and sellers found they overwhelmingly work with agents, even as their attitudes have shifted. Continue reading

Get top dollar fast: 10 things sellers need from their agents now

As we transition out of an intense seller’s market, agents need to dust off the fundamentals and adapt them to the local market, property types and sellers to give their clients the back-to-basics guidance they need right now. Here are 10 things seller… Continue reading