When the real estate market is hot, an attractive house is a coveted commodity. How can you win the bid on a property with multiple offers? If you have found a dream house, here are seven tips that can help your offer win the bidding war. 1. Play to win, not to lose A big […]
Century 21, Keller Williams Included in Discrimination Suit
A law firm working with a housing rights advocacy group on Wednesday sued dozens of real estate agents and companies — including high-profile players such as Keller Williams, EXIT Realty and a Century 21 franchise — over claims of discrimination against lower-income tenants. Law firm Newman Ferrara filed the suit, which is based on an […]
Shocker: DOJ Drops NAR Deal
The U.S. Department of Justice (DOJ) announced on Thursday that it is pulling out of a proposed settlement with the National Association of REALTORS® (NAR) to broaden its investigation into the trade group’s rules. “The proposed settlement will not sufficiently protect the Antitrust Division’s ability to pursue future claims against NAR,” said Acting Assistant Attorney […]
8 Things Sellers Need From Agent
When a home hits the market, reality sets in and a seller may find themselves rethinking the entire process. Did they price their home high enough? Should they have pushed back on certain terms? Is the closing date too soon, and should they have been able to stay in their home for a longer period […]
7 Tips for First-Year Agents
Mauricio Umansky Founder/CEO The Agency Many new agents ask me what I did during my first year to build the foundation for my career. Below are some tactics I found successful during those first few years as a new agent, as well as some that I have seen other agents do to pave the path to success. […]
Open Houses Back, or Are They?
As of last Thursday, open houses are allowed in California, with restrictions (see Open House Update), and in most places home showings require an appointment. Anyone who enters the property (including, seller, buyer and agents) are required to complete a Property Entry Advisory and Declaration (PEAD) form. But there’s no doubt that the COVID-19 pandemic […]
Appeal Delays Judge’s Ruling to Lift Eviction Ban; CA Status
A U.S. District Court judge for the District of Columbia ruled last week that the CDC’s nationwide eviction moratorium is unlawful, striking down the ban and delivering relief to housing providers who haven’t been able to collect rent from struggling tenants for more than a year. But the struggle for housing providers isn’t over. The U.S. […]
How Top Brokers Cope With Tight Inventory
At a recent Inman Connect Now, brokers from across the country shared insights into how they’re adapting to the inventory insanity during a panel discussion titled, “Market Trends: What’s Heating Up in 2021.” Brokers shared advice on keeping buyers motivated, keeping sellers focused during bidding wars, bringing new listings to market and accomplishing these goals […]
Former Zillow CEO Claims iBuyers Are Not to Blame
Spencer Rascoff, a serial entrepreneur and former CEO of Zillow, knows there is a supply shortage in the housing market, but believes that iBuyers’ practice of buying and then re-listing homes does not contribute to that shortage. “They’re not at all a part of the inventory problem,” Rascoff argued. Rascoff made the comments recently at Inman Connect […]
What’s Keeping Your Buyers at a Disadvantage?
The soaring cost of building materials and the spiking interest in housing among investors are major contributors to today’s rising housing prices and lack of inventory that keep individual homebuyers at a disadvantage. As has been reported in Inman News, the coronavirus pandemic has reshuffled job markets, a years-long building shortfall and wave of millennials […]