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Home sales growth stunted by low inventory, high prices

The National Association of Realtors (NAR) released its latest Metropolitan Median Area Prices and Affordability report, which showed slowed sales growth in the face of skim inventory levels and hefty home prices. The median existing single-family price increased in 162 out of 177 measured markets, and only 15 markets reported lower median prices compared to Q3 […]

Are incentives the key to solving the affordable housing crisis?

Ipsos’ quarterly research series “What The Future” (WTF) found that homeownership is still firmly a part of the American dream, but economic factors such as crippling student loan debt and booming home prices are making it hard to become a homeowner. If these issues aren’t resolved, Ipsos wonders if aspiring buyers will simply give up. NAR […]

Listing Bits: MLS best practices, compliance and member advocacy

The concept of the MLS creates a strange contradiction for brokers who are both competing with one another, yet sharing inventory by way of compensation and cooperation. https://www.inman.com/wp-content/uploads/2017/11/Listing-Bits-EP022.mp3 In the middle of it all is CMLS, challenged with refereeing any acrimony between brokers and MLSs, promoting best practices and supporting its membership of 203 MLS […]

Homesnap Pro: Information, integration and safety at your fingertips

Having known about the front-end of the Homesnap app for consumers, I was intrigued to learn more about its backend interface for real estate agents. Fittingly enough, they call it: Homesnap Pro. As a first-time user, here is my initial review of the application and a few of it’s main features. Right away what separates […]

6 ways to be more than just a ‘hobbyist’ agent

The other day I met yet another person, who said something that has never sat well with me: “Oh, I dabble in real estate as well.” This person’s nonchalant attitude about an industry I love rubbed against my professional pride. Why? Because it pared down my 30-something years of being a student and leader of real […]

The Inman Files: It’s time to shut down RPR

Like Guantanamo Bay, Realtors Property Resource, aka RPR, is a sticky wicket for powerhouse real estate trade group the National Association of Realtors (NAR). The scuttlebut is that NAR’s leadership is considering a plan to wind down and stop funding RPR, the bloated data venture that has cost its Realtor members nearly $180 million since […]

How do you negotiate a price reduction with a stubborn seller?

Often when real estate agents take a listing, the agent has a price in mind, the seller has an often higher price in mind, and they are lucky to meet in the middle. After being on the market for 30-60 days at a higher price, the offers aren’t coming and the seller is getting anxious. […]

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