Luxury home auctions are having a moment. Here's how to get in on it
Luxury homes that eventually go to auction sometimes come across as the black sheep of listings and require a nuanced approach. Here are luxury agent Aaron Kirman's top tips for success
by Lillian Dickerson May 27
Bidding wars dip for first time in 2022 — but competition still fierce
New data from Redfin shows the market in March was slightly less brutal than one month prior
by Jim Dalrymple II Apr 25
Existing-home sales drop for second month as buyer demand stalls
Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according to the National Association of Realtors
by Lillian Dickerson Apr 20
Pivot! Pivot! 8 tips to expertly prepare for a market shift
Four real estate dynamos share eight things real estate agents must do to effectively advocate for their clients, improve their skills, safeguard their finances and build a business that stands the test of time
by Marian McPherson Apr 20
Should your clients bid over asking price? A look at pros and cons
Opinion
In a hot seller's market, how should agents help their clients with pricing, bidding strategies and closing successfully? Here's how to set appropriate buyer expectations from the start
by Jenny Usaj Apr 8
‘New York market remains a juggernaut’ in Q1, condo sales thrive
Quarterly market reports released this week from several area brokerages revealed a luxury market in high demand, with climbing prices and little inventory
How to skirt the bidding war: Agents share their strategies
In today’s competitive market, houses in all price ranges are drawing multiple offers, leaving many buyers in the lurch and exhausting agents. Here’s how some pros are getting by
by Ben Verde Apr 1
The condo recovery is underway — but houses remain hotter
Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities' urban centers
by Daniel Houston Mar 29
'A spigot turned on full-blast': Ahead of spring, agents scramble for help
Brokers and team leaders told Inman they've been racing to hire support staff in preparation for real estate's busiest season of the year — but finding good help hasn't been easy, they say
by Lillian Dickerson Mar 18
Cash buyers 4 times more likely to win bidding wars, new study finds
Homebuyers who offered cash were a whopping 334% more likely to win a bidding war than those who chose to finance their purchase, according to a report from Redfin released Monday
by Ben Verde Mar 14
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
News Quiz: Do you know the biggest stories for the week of Feb. 20?
CoStar Group, RE/MAX and Offerpad posted earnings reports this week, but news trickled down from all corners of the real estate industry. Test your knowledge of the biggest stories of the week
by Inman Feb 25
Bidding wars hit the luxury market hard in December: Redfin
Winter weather didn't slow down buyers in December, according to Redfin's latest market report. Although most buyers faced bidding wars, luxury homebuyers bore the brunt of low inventory at the $800K to $1 million mark
by Marian McPherson Jan 19
Elderly, infirm and unemployed: How far should you go for listings?
In an inventory-deprived market, agents are often tempted to use aggressive tactics to score listings. One broker thinks such strategies should be avoided. But what do you think?
by Anthony Askowitz Dec 22
From NFTs to IPOs: The top real estate investment stories of 2021
Proptech's banner year, a couple long-awaited IPOs, surging rent growth and more — here's all the hot Property Portfolio news that hit the presses in 2021
by Lillian Dickerson Dec 14