Pending home sales are posting annual losses in the double-digits as home buyers continue to back away from the market due to surging mortgage rates. House hunters are backing away from the housing market as mortgage rates continue to rise sharply. The National Association of REALTORS®’ newly released Pending Home Sales Index—a forward-looking indicator of …
Tag: tips
Aug 21
Next Real Estate Star on the Future of the Luxury Market
Mauricio Umansky, husband of “Real Housewives” star Kyle Richards, has his own show following his brokerage, The Agency. He offers a peek inside the occu-soap “Buying Beverly Hills” and makes predictions for high-end housing in 2023. Mauricio Umansky’s The Agency(link is external) caters to the rich and famous. As CEO and founder of the billion-dollar …
Aug 21
Why Appraisers Say ‘We Have Targets on Our Backs’
How professionals are managing the biggest obstacles to the home valuation process. From allegations of appraiser bias in the home valuation process to new controversial methods of conducting an appraisal, the profession is under intensifying scrutiny—and a new National Association of REALTORS® survey offers insights into these challenges. Many appraisers express dissatisfaction with the impact …
Aug 16
Can You Talk to an Appraiser?
Nineteen percent of real estate professionals say they avoid having any interaction with an appraiser, mostly fearing they’re not legally allowed to. Forty-seven percent of real estate professionals say they have had a transaction fall through due to a problem in the appraisal process, according to the National Association of REALTORS®’ 2022 Appraisal Survey. The …
Aug 16
5 Ways Your Clients’ Credit Affects You
You know that client credit is critical for mortgage approval, but are you aware of the impact it can have on your real estate business? Your clients’ credit is relevant in many more ways than just getting approved for a mortgage. You may be surprised to know that their scores have implications for your business …
Aug 15
Spread the Word
At thedifference.realtor you’ll find language and assets, like social media graphics and email signature banners, that you can use every day. As president, I’ve had the privilege to meet thousands of you either in person or virtually and to experience the good work you do. I can truly say that REALTORS® bring it home for …
Aug 14
Fundamentals From the Field
This member-driven video series features REALTORS® across the country giving you their best advice on a myriad of aspects of real estate, from client relationships to technology and managing transactions. Make Your Team More Efficient June 7, 2018: So you’ve got a few agents on your team, and you figure you can split up the …
Aug 13
The Importance of Getting Hybrid Appraisals Right
A more streamlined appraisal process won’t materialize until lenders and appraisal management companies understand the critical need for credible, independent data collection. Key takeaways: What in the world is a hybrid appraisal? It’s a newish approach to appraisal in which a third party performs the property inspection and provides the information to the licensed or …
Aug 13
Future-Proof Your Community
More and more, investors will be looking at properties’ resilience as a measure of value—and developers are taking notice. Catastrophic weather events not only make headlines but also raise red flags for potential investors and home buyers. Research suggests that the impacts of intensifying climate events are influencing real estate investment decisions. Residential pricing is …
Aug 12
Riding High
Celebrating and remembering REALTORS® who have dedicated their careers to advancing fair housing and expanding home ownership. As we commemorate Fair Housing Month, we celebrate three REALTORS® who have dedicated their careers to advancing fair housing and expanding homeownership. Abra Barnes, Sofia Crisp and Frank Williams are the National Association of REALTORS®’ 2023 Fair Housing …
Aug 09
Explain How REALTORS®, Local Broker Marketplaces Work
While NAR fights legal challenges to procompetitive, proconsumer local broker marketplaces, you can educate your community. In the litigation landscape that the National Association of REALTORS® is facing today, much of what NAR is fighting is misinformation, mischaracterization and lack of understanding or education. There are class-action attorneys and other challengers who have a blatant …
Aug 09
All Hands on Deck
Your expertise and experience make all the difference. A home sale is rarely as smooth as the open road. More often it’s a rocky, winding journey that requires detours, pit stops, and flexibility. Your expertise and experience make all the difference. Through this year’s Riding with the Brand tour, we’ve met thousands of you, our …
