We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, May 25 April Zillow Real Estate Marketing Report: National Home Values Surpass Peak The median home value across the country is now $198,000, 1 percent higher than peak value hit in April 2007, according to the […]
There may come a time in your business’s trajectory when volume increases but your two hands can’t keep up. Signs of growth are positive, but it may be wise to consider hiring an assistant or forming a team to meet demands. But how do you go about implementing this business-boosting change, and when is the right […]
In this week’s video, Peter Lorimer of PLG Estates discusses why you shouldn’t reduce your commission. Are you the kind of agent who invests time and money in finding the perfect photographer? Do you plan elaborate drone shoots? Do you produce high-quality videos and 3-D tours? If so, you might need to step away from sellers looking […]
As part of her 10 Questions podcast series, F.C. Tucker broker Angela Raab interviews Brenda Bowman, a supermom and agent who has been growing her successful real estate business in Indianapolis since 2002. Listen in to hear how she: Generates leads simply by connecting with referrals Chooses a “human” approach rather than a formulaic approach when contacting past […]
Listings are slim pickings in many parts of the nation. For some, an inventory shortage can quickly lead to desperation and compromised business standards. Case in point: A particular seller was adamant about listing her home almost $75,000 above market value. The agent, unwilling to lose the listing, did the unthinkable: he agreed. Two months later, the […]
Home prices have been consistently rising with Q1 2017 home prices surging 6.9 percent quarter-over-quarter and 5.9 percent year-over-year. Some aspiring buyers look to renting in the ‘burbs as a cheaper option, but Zillow’s latest rental study shows that rents in suburban and urban areas are facing affordability issues of their own. The median monthly […]
Who runs the real estate world? You’d have a very good argument for responding with Beyoncé’s words, as 62 percent of Realtors are women (per the National Association of Realtors). It’s an industry that gives its practitioners an unusual degree of flexibility and control over how they operate, and many women have been able to build […]
In 2009, Netflix gave $1 million to BellKor’s Pragmatic Chaos technology team for building a better movie rating prediction algorithm (to the tune of 10.06 percent) than the one Netflix had been using. It appears that 2017 is the year Zillow follows in the media platform’s footsteps; the company just announced Zillow Prize, which will […]
On Monday, Zillow launched a test in Orlando and Las Vegas. The product we’re testing, Zillow Instant Offers, enables potential sellers to receive non-binding quotes from up to five investors (some of whom will fix and flip; others who will rent out the properties) and compare the offers side-by-side with a CMA from a real […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio News from earlier this week Wednesday, May 24 National Association of Realtors: Existing-home sales (and days on market) dropped in April The March 2017 existing-home sales […]
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