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Spring selling season is just around the corner, but will the housing market’s shelves be bare? In a potentially challenging bit of news for the real estate industry, the inventory of homes for sale has declined sharply. The National Association of Realtors says inventory plunged 8.5 percent from the end of 2018 to the end…To read more — login/sign up
Mark Spain Real Estate generated $1 billion in transactions in 2019, a milestone that represents a sharp increase from the $700 million in deals the Atlanta-based brokerage closed in 2018. Mark Spain, founder of the 180-agent company, says several initiatives fueled his company’s rapid growth in recent years. One is an embrace of the iBuyer…To read more — login/sign up
We’re a very small boutique, family firm, consisting of just a few agents. I have to make sure I’m anticipating trends. That’s very difficult for an independent broker to do. I got engaged with organized real...
As Opendoor, Offerpad, Zillow Offers, and other iBuyers flood into Sun Belt markets, traditional brokers respond to the new business model with a standard response. Why, they wonder, would sellers — the same group of penny pinchers known to scratch and claw for lower commissions, higher listing prices, and fewer concessions to buyers — willingly…To read more — login/sign up
VA loan limits disappear, expanding program’s flexibility — Starting Jan. 1, there’s no longer a limit to the amount that former soldiers can borrow through the Veterans Administration mortgage program. Read the archive article, As VA streamlines loans, mortgage program becomes more attractive. ...
In Toledo, OH, a brokerage that had operated independently for four decades announced in December that it was joining a much larger regional company. In Pensacola, FL, a RE/MAX affiliate that had muscled through the Great Recession said it, too, was merging with a bigger brokerage. In Southern California, a 550-agent brokerage that had been…To read more — login/sign up
I surround myself with great people. I’m really selective about who I work with now, and I’m lucky to be able to do that. I put my heart and soul into my work for clients, and...
Brokers around the country tell horror stories about buyers losing hefty deposits to hackers posing as real estate agents, mortgage lenders, or escrow company representatives. Some 11,300 people were victims of wire fraud in the real estate and rental sector in 2018, representing a 17 percent increase compared to 2017, according to FBI data. Losses…To read more — login/sign up
Realtors and consumer advocates long have argued that there’s no place in the industry for pocket listings, those properties that are for sale but don’t appear in the multiple listing service. In November, the National Association of Realtors moved definitively to end pocket listings. NAR’s board of directors voted 729-70 to forbid the contentious marketing…To read more — login/sign up
Idaho moves to head of pack in home-price appreciation — See an interactive map of state-by-state trends. ...
I’m still working on success. I’m not done yet. I believe success is a journey, not a destination. I go back to the first cassette tapes my dad gave me. That was Earl Nightingale’s program. There...