Inman Handbook: How not to lose your real estate license
Understand the types of behaviors that can result in disciplinary action and the process that follows to stay on the right professional track
America's hottest neighborhoods: North Winton Village in Rochester, New York
The older neighborhood has long been a more affordable alternative to other trendier parts of the city, but that may soon change as home prices and rents are rising
by Lillian Dickerson May 10
How to effectively clean a smoker's house
The smell of smoke can not only drastically reduce a home's resale value, it can also be harmful to the health of the home's new buyers. Here are a few ways to get the stubborn smell of smoke and its residue out of house
by Kim Tucker May 10
Bubble Trouble: The impending 'bubble burst' is mythical at best
For those who believe an impending doom is on the horizon, here is some bad news: It's not going to happen. In this second of two opposing opinion pieces on the housing crash, Matthew Gardner shares why we won't see any mythical bubble bursting
by Matthew Gardner May 7
New realtor.com market report hints inventory relief is coming
Realtor.com's latest weekly market report showed a boost in new listings during the last week of April — a hopeful signal that lower home prices are near
by Marian McPherson May 6
Sorting through pandemic predictions: What held true?
Opinion
With the pandemic winding down in most parts of the country, one broker-owner is looking back at some assumptions made about real estate last year. Which predictions were untrue, and which were right on the money?
by Teresa Boardman May 6
Bubble Trouble: The housing crash will be even worse than I predicted
Opinion
This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing
by Chris Drayer May 6
Is it time to stop writing buyer love letters? 
Opinion
Buyer love letters can be fraught with fair housing violations, but should the practice be banned entirely? Educate yourself on the type of information you can and can't include
by Bernice Ross May 5
Pulse: What's your top tip for second-homebuyers?
With lockdowns and remote work becoming the norm, it's no surprise demand for second homes spiked during the pandemic. So, how are you helping buyers wanting to purchase getaways right now?
by Inman May 5
You see another agent's for-sale sign in your neighbor's yard. Now what?
Opinion
Losing a listing is tough, but it’s not the end of the world. Keep your professionalism front and center, learn from this experience, and incorporate that learning so it’s less likely to happen in the future
by Jay Thompson May 5
What's the dark side of record-low interest rates? Here are 5 problems
You would automatically think that low interest rates would be wonderful. Unfortunately, there is a dark side as well that's producing a significant rift across the country between the haves and have-nots
by Carl Medford May 4
Pulse: Readers share how they're overcoming the bidding war objection
This week, our readers share how they're working with buyers to set expectations about bidding wars and multiple-offer situations — a common objection in today's fierce market
by Inman May 4
Rising lumber costs add $36K to new home sales prices
The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers
by Marian McPherson May 3
ProperSign updates with QuickSign to speed digital closings
ProperSign was rated 4 stars in 2020, largely on the merits of its user experience design and Dynamic KBA, or knowledge-based authentication for signer identification
by Craig C. Rowe May 3
Pocket listings undermine equal access to housing: Glenn Kelman
Opinion
After promises to promote social justice, the housing industry doubled down on exclusion, and pocket listings remain a problem. The Redfin CEO shares his ideas on what the industry should do about it
by Glenn Kelman May 3
Bubble trouble: Is the market on a collision course with disaster?
Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop
by Jim Dalrymple II May 3
10 tips for working with picky homebuyer clients
Buying a home is one of the biggest financial decisions of a person’s life. Being a good agent means offering your expertise and honest opinions. It also means understanding how to deal with tough clients while maintaining a healthy working relationship
by Luke Babich May 3
Buyers in bidding war? 15 tactics to help them stand out to a seller
Although the real estate market is red-hot, we can improve our buyers’ odds by presenting a deal that directly helps the sellers. Addressing price, time, convenience and certainty can go a long way in positioning our buyers to win the home
by Jimmy Burgess May 2
18 strategies to help you win deals in an extreme seller's market
In this current market, sellers hold a ridiculous number of cards. By helping your clients understand the complexities of today's market, they'll feel more in control when navigating the process — and ultimately winning the property. Here's a list of strategies
Homeseller profits begin to dip in first quarter
The typical home sale in the first three months of 2021 generated a profit of $70,050, up from $55,750 in the same period last year
by Kelsey Ramírez Apr 30
Get paid to move: 6 regions wooing new residents with cash perks
Economic councils across the U.S. are trying to lure remote workers with incentives like cash, community events with other transplants, free flights and in the case of the Northwest Arkansas Council, a bicycle. And it seems to be working
by Lillian Dickerson Apr 30
The buyer's agent who padlocked the gate: Stories from the wild world of real estate
Have you heard the latest boots-on-the-ground, can-you-believe-it story? Here are some of the most unusual and bizarre tales from this highly active spring market
Buying frenzy sapping your energy? 7 ways to take action
In this market, agents are working around the clock to write offer after offer for would-be buyers while also trying to soothe their jangled nerves. So, how can they avoid reaching a breaking point?
What’s Next? Top design trends to expect post-pandemic
As we look ahead to the world post-pandemic, here are the trends that experts, agents and designers are seeing in home design and decor
Cheaper home purchases by student debt holders could widen wealth gap
Hispanic and Black Americans who buy lower-priced homes than white Americans can also lead to further wealth gaps, according to a study by the National Association of Realtors
by Andrea V. Brambila Apr 29
Equity gains for Black owners are progress, but more work is needed
Opinion
The home equity gains made by Black homeowners in recent years are worth celebrating, but there's a long way to go. Here are a few ways the industry can help
Cash offer startup Ribbon launches appraisal protection service
The company will now cover the difference for under-appraised homes purchased through its RibbonCash Offers service
by Marian McPherson Apr 28
Love that pre-war architectural charm? Head to the East Coast
Buyers can get pretty opinionated when it comes to a home's age and architectural style. Here's a breakdown of where the country's oldest and newest homes are located, and everything in between
by Lillian Dickerson Apr 28
Stressed out? How to cope with today's low-inventory market
Almost everyone today is struggling with this low-inventory, high-demand market. So, if you want to stand out from the competition and win more listings, here are some powerful ways to do it
by Bernice Ross Apr 28
Pulse: How are you overcoming the bidding war objection?
In today's competitive real estate market, it's no wonder homebuyers are stressed out — particularly about going into bidding wars. So when it comes to this unpleasant reality, how are you alleviating buyers' anxieties?
by Inman Apr 28
4 ways to set seller expectations during this supercharged spring market
Most sellers don’t deal with real estate on a daily basis, and they are looking to you for professional guidance. With the spring market in full swing, set expectations early to help your sellers have a stress-free selling season
by Anthony West Apr 28
Citi pledges to serve more minority homebuyers
The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods
by Matt Carter Apr 27
Housing market insanity leaves homeownership rate unchanged
However, the homeownership rate for Black Americans is up year over year in the first quarter of 2021
by Kelsey Ramírez Apr 27
Home prices surge to new high — but is it sustainable?
Home prices continue to surge, hitting double-digit increases for the third consecutive month, according to the latest Case-Shiller report, released Tuesday
by Kelsey Ramírez Apr 27
Home price growth sets record high
The 12.2% gain represents an increase of $35K for a median-priced home that sold a year ago at $290K, according to data released Tuesday by the Federal Housing Finance Agency
8 ways to help homebuyers through an as-is purchase
As-is sales are always ripe for complications in markets that typically entertain repairs and concessions after the inspection period. Agents need to make sure clients are as prepared as possible before going into a multiple-offer situation. Here's how
by Cara Ameer Apr 27
Zestimates can't keep up with wild housing market, agents say
Agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs
by Marian McPherson Apr 27
Pulse: Your top tips for weathering this hot seller's market
This week, readers share how they're helping clients navigate this anxiety-inducing market. Here's what you had to say about setting buyer expectations — perhaps one of the most important and basic tips agents should follow
by Inman Apr 27
How to inspire client confidence in a frenzied market
Transacting in this fast-paced, frenzied market isn’t easy, and for many clients, it may even be extremely stress-inducing. Here’s how keeping your lines open, educating your clients and improving your communication can alleviate some of that anxiety
by Rachael Hite Apr 27
Working with buyers? It's time to forget these 8 key things
Help your buyers score a home by teaching them to run against current practices. Here's a list of critical concepts you need to encourage your buyers to forget in their search for that increasingly evasive thing — homeownership
by Carl Medford Apr 27
Beyond the headlines: Demand continues to exceed supply
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
by Matthew Gardner Apr 27
The Inman Handbook on comps in these chaotic times
Agents' expertise has long relied on studying and understanding sales patterns in their markets. But with little inventory and soaring prices, patterns are hard to find
by Jim Dalrymple II Apr 26
What real estate agents need to know about …
Clients appreciate agents who are well-versed on a home’s most sought-after features. If you’re looking to brush up on your knowledge of kitchen layouts, bathtub types and useful home safety tips, here is a primer
by Gerard Splendore Apr 26
11 tech tools that'll save you time — and drum up more business
Opinion
Automating your processes will allow you to focus more on building relationships — which is the key to taking your business to the next level. Here's a list of real estate tech that'll make your life easier
by Jimmy Burgess Apr 25
9 tips for getting in good with local listing agents
Being an agent others trust and like to work with is a reputation you earn over time. If you're new in the field, there are a few things you can do to develop those helpful ties, showcase your professionalism and cultivate a network you'll rely on time and time again
by Stephanie Lanier Apr 24
Is the housing inventory crisis almost over?
Zillow study shows surge of new listings could lessen frustrations for homebuyers
by Kelsey Ramírez Apr 23
Buy and build with Welcome Homes' online new construction platform
Welcome Homes augments a streamlined business plan with dynamic 3D visualization to let new homebuyers build and buy directly from their browsers
by Craig C. Rowe Apr 23
Pacaso taps dotloop exec Marnie Blanco to lead industry relations
Pacaso named Marnie Blanco as its vice president of industry relations on Thursday. She'll oversee strategic industry partnerships and relations growth
by Marian McPherson Apr 22
It's a lawsuit waiting to happen! Avoid these post-closing problems
Running into post-closure problems is often burdensome for everyone involved in the transaction. In some cases where it morphs into a lawsuit, it can even be costly. So, how can agents prevent them in the first place, and what can they do to avoid litigation?
by Bernice Ross Apr 22
Feeling overwhelmed? 4 skills new agents should master first
Navigating the many processes and moving parts of this industry can seem overwhelming — especially to newly minted agents. But you can't be all things to all people. Here are the main things you need to focus on
by Faisal Susiwala Apr 22
5 tips for helping homebuyers navigate a new construction purchase
It's your responsibility to ensure that your client is well-represented by having excellent knowledge of the process, great relationships with builders, creating clear communication channels and providing the best experience possible for your clients
by Adam Hergenrother Apr 22
10 tactics for working with low inventory
At Inman Connect Now, San Francisco Bay Area agents offered advice for managing buyer and seller expectations, maximizing sale prices and getting more listings
by Andrea V. Brambila Apr 21
Hispanic homeownership rate rises for sixth straight year
The National Association of Hispanic Real Estate Professionals' latest report reveals the driving forces behind Hispanic homeownership rates
by Marian McPherson Apr 20
The new, new vacation-home destinations for 2021
While second home purchases rose 46% and comprised 6% of all mortgages from January to March, these 10 overlooked towns have experienced major upticks in vacation-home sales
Pulse: The client objections you are hearing most this spring
With a red-hot market grappling with housing shortage and bidding wars, what are clients worried about the most today? Our readers weigh in with the most pressing concerns their clients are expressing this spring
by Inman Apr 20
Staging works! How to have that conversation with sellers
Some sellers may think their home is perfect the way it is, but as a lot of agents know, staging is what will help set their home apart from similar listings online. Here's how to explain the value of staging to clients — plus a few tips that can bring them a considerable return on investment
by Jenny Usaj Apr 19
Trust is everything! 6 effective ways to earn it from prospects
In this fast-paced market, ethics and transparency can take a backseat to speed — but that only makes trust that much more crucial today. If you want to earn prospects' trust and solidify your reputation, here are a few ways to do so
by Stephanie Lanier Apr 19
Lesson Learned: Do what works for you
Find out how Georgia Coast Homes’ Karin Carr learned to tap into her own power instead of following the pack
Freestanding, walk-in, whirlpool: What agents should know about bathtubs
As an agent, you can intelligently field questions about bathtubs and their variations if you have a few facts at your fingertips. Here are a handful of things you need to know about different types of bathtubs and their maintenance
by Gerard Splendore Apr 19
Residential construction on the rise amid major inventory shortage
Residential housing starts rose 19.4 percent from February to March, according to a new report from the US Census Bureau
Everyone wants a slice of the housing market. That’s the problem
Opinion
Right now, the housing market has a slew of uninvited guests in one of the worst housing shortages in the history of America
by Brad Inman Apr 16
'Be relentless': Real-life advice from agents managing inventory insanity
Real estate professionals out in the field have thoughts and suggestions on how to manage the widespread low inventory this season
by Lillian Dickerson Apr 16
MailMatic wants to be in your 2021 marketing plans
Opinion
Still effective, especially when combined with integrated digital campaigns, direct mail remains an ideal opportunity for agents looking to build local awareness
by Craig C. Rowe Apr 16
Luxury high-rise amenity trends taking 2021 by storm
New development has never been so exciting. Life from the top (of a luxury condominium) will look very different in the post-COVID world. Here are the above-and-beyond amenities that will make high-rise living irresistible in 2021
by Tamara Bakir Apr 16
Homebuilders need to construct 3.8M homes to meet demand
The shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac's chief economist
by Matt Carter Apr 15
March was the hottest month in housing history
The median home price rose 17% annually to $353,000, according to Redfin's March housing report. Nearly half of all homes sold above asking price and none sold below
by Marian McPherson Apr 15
Builder confidence on the up and up
Nationwide builder sentiment rose by 1 point to 83 in April, according to the National Association of Home Builders/Wells Fargo Housing Market Index
Inventory insanity: When will this supply shortage end?
Today's extremes won't last forever, but there's no silver bullet to end the crisis, and it's likely shortages in some form will drag on for years
by Jim Dalrymple II Apr 15
Will rising mortgage rates affect appetite for homebuying?
Opinion
In short: Probably not. Vaccinations and stimulus measures are fueling optimism for an epic economic rebound, and there are other factors at play. Here is a look at how the housing market has fared over the past year and what to expect
by Kenon Chen Apr 15
64% of March home sales included bidding wars: Redfin
Redfin's latest market report reveals just how far buyers must go to secure a home. Single-family listings garnered the most bids followed by townhomes
by Marian McPherson Apr 14
10 pandemic-tested truths about homebuying
Multiple offers, super-low inventory, skyrocketing values and lots of competition from cash buyers have made the current real estate climate both a blessing and a curse. Through that, a few real estate concepts were put to the test. Here's what lasted
by Cara Ameer Apr 14
Inventory insanity: What it's like being a homebuyer when there are no homes to buy
'It's always still a punch in the gut,' one would-be homebuyer recently said after losing one house after another to higher offers
by Jim Dalrymple II Apr 14
Pulse: What client objections are you hearing most this spring?
This week, we want to explore some of the most pressing concerns clients are raising in this red-hot spring market. Just as importantly, we also want to know how you're responding
by Inman Apr 14
Google searches for 'When is the housing market going to crash' spike
As home prices surge and consumers recall the last time the housing market was this hot, it’s no wonder that fears of a housing crash have begun to surface
by Kelsey Ramírez Apr 13
Opendoor expands homebuying pool to meet booming demand
The iBuyer revised its purchase requirements to include pricier homes, older homes and homes in age-restricted and gated communities
by Marian McPherson Apr 13
Inventory insanity: The secret economic forces fueling the housing shortage
Many consumers may not realize it, but they're increasingly competing against institutional investors and contending with soaring building costs
by Jim Dalrymple II Apr 13
How Elon Musk's Starbase plans are influencing the Texas housing market
Agents in the southernmost tip of Texas, home to SpaceX's rocket production facility and launch site, are seeing buyers and investors flock to formerly sleepy towns
Millennials are refinancing their homes at record pace
Younger millennials entered the housing market for the first time as older millennials drove refinances
by Kelsey Ramírez Apr 12
Inventory insanity: Notes from 'exhausted' agents on the front lines of a crazy market
'There is no middle class any more,' one industry leader said of working in real estate this year. 'You’re either crushing it or you're struggling'
by Jim Dalrymple II Apr 12
America's hottest neighborhoods: North Hills in Raleigh, North Carolina
A $1B Innovation District, a plethora of amenities and a new city plan have pushed Raleigh's North Hills to the top of buyers' lists.
by Marian McPherson Apr 12
Buyer uncertainty stressing you out? 5 ways to stay sane in a hectic market
The extreme lack of inventory has agents in total panic mode. On top of their day-to-day roles, agents now more than ever also have to be friends, counselors and confidants. Here's how to manage the stress of it all
by Erica Ramus Apr 12
Actor Rob Lowe buys not 1, not 2, but 3 Montecito mansions for $47M
The 1980s heartthrob and his wife Sheryl Berkoff sold their primary family home in 2019
Celebrity buyers and NDAs: How secret real estate deals work
Edward Mermelstein, a real estate attorney and founder of luxury consulting company One & Only Holdings, talks celebs, NDAs and what it takes to work with high-net-worth buyers
How this agent is helping migrating buyers find their dream homes
With buyers moving across the country to new locales, agents have to be prepared to work much harder amid low inventory woes. This is especially true in Florida, which is seeing an influx of new residents. Here's how this agent is making a difference
by Sandra Cuba Apr 9
Inman Tech Review: JetClosing is fueling mobile adoption of digital title and escrow
Opinion
Maybe it feels to some that such a light, easy product can't handle the financial and metaphorical weight of a closing, but JetClosing is an app that proves otherwise
by Craig C. Rowe Apr 9
The Real Word: Is New York City making a comeback?
Opinion
This week, Byron Lazine and Nicole White discuss the demand for office space, the end to the NYC exodus and The Smith Group's new listing video
by Byron Lazine Apr 8
Borrowers locking in mortgages for second homes surged 128%
The annual rise in demand for second homes is nearly quadruple the 34% year-over-year gain for primary homes, according to a new report from Redfin
by Kelsey Ramírez Apr 8
William Raveis launches sell-before-you-buy program, Raveis Purchase
Available since April 1, Raveis Purchase enables homeowners to make a non-contingent offer on another property while benefiting from open market offers
by Marian McPherson Apr 8
Offerpad launches full-suite of services in Indianapolis
Offerpad has chosen Indianapolis as its first Midwestern market. The iBuyer's full suite of services will be available this summer
by Marian McPherson Apr 8
HUD sends $690M to states for affordable housing
The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households
What buyers crave: How to find coveted listings in your market
What makes a house really stand out? Curb appeal is one part of the formula, but there are other factors that come into play. Learn about finding and selling desirable homes — and how to make listings more attractive to buyers
by Imran Tariq Apr 7
More than half of agents don't bother staging homes for sale
Just over half of listing agents say in a NAR survey that they believe staging boosts how much buyers will offer, but about the same share don't stage. Is reality TV to blame for unrealistic expectations?
COVID vaccinations give Americans more confidence in housing
Fannie Mae’s Home Price Sentiment Index increased by 5.2 points from February to 81.7 in March. Year over year, the index is up 0.9 points
by Kelsey Ramírez Apr 7
Zillow's new ad campaign highlights two sides of the moving journey
Taking inspiration from 'the great reshuffling' that happened during the pandemic, Zillow's new ad campaign 'To Move Is To Grow' highlights the emotional side of moving
by Marian McPherson Apr 7
11% of Americans moved during the pandemic: Zillow survey
Zillow's latest report revealed what pushed Americans to move during the pandemic and which markets experienced the largest inflow of new homebuyers
by Marian McPherson Apr 6
Home prices are growing at the fastest rate since 2006
Home prices increased 10.4% in February 2021 from the previous year, and increased 1.2% from January, according to the latest CoreLogic Home Price Index report
by Kelsey Ramírez Apr 6
3 ways to set buyer expectations during this sizzling-hot spring
By setting expectations early, agents can put their clients in a better position and educate them on the often frustrating marketplace so they can make quick, sound decisions
by Anthony West Apr 6
How to deal with unlawful occupants in listings
Rising levels of homelessness have increased the incidents of unlawful access to homes on the market. Here are a few key steps to respond to unauthorized entry and preventative measures to ensure it does not happen in the first place
by Carl Medford Apr 5
Avoid deal-breakers! What you should know about inspections
Even though many buyers are opting to forgo inspections, agents still need to be familiar with them to protect their buyers as much as possible. Here are a few inspections that'll help pinpoint problems within a property — and avoid a major deal-breaker
by Thomas Huisking Apr 5
Want more sales? 10 lessons in the art of persuasion
There's no doubt that the art of persuasion has a critical place in real estate sales. Here's what agents can learn from bestselling author Daniel Pink's MasterClass on sales and persuasion
by Amie Quirarte Apr 3
Manhattan real estate sales hit 14-year high
New York real estate market picks up after COVID-related slump
by Kelsey Ramírez Apr 2
Median home-sale price reaches all-time high of $335,613
Although the market is currently red-hot, Redfin's latest report released on Friday revealed that homebuyers may give up as home prices continue to grow
by Marian McPherson Apr 2
Realtors praise Biden infrastructure plan's focus on housing shortage
The American Jobs Plan proposes building and retrofitting more than 2M homes and commercial buildings
Homes have literally never been more expensive
The median listing price for US homes hit $370,000 in March, according to a new report. That's higher than it has ever been in the past
by Jim Dalrymple II Apr 1
New to real estate? How to guide clients through homebuying
As a real estate pro, it's your job to help clients pinpoint what they want and then help them find it. If you're a newly minted agent, here's what you should be doing throughout your clients' homebuying journey
by Stanley Imoisili Apr 1
What to look for in a closing disclosure form
How long has it been since you updated your closing disclosure form? Here is a page-by-page breakdown of what you should review, verify, understand and inform clients about
by Marvin Stone Apr 1
A stinky business: Getting rid of pet odors
Pet odors can be extremely off-putting to some buyers and require a little extra elbow grease to get rid of. Here are a few tricks to get that stinky smell out of your new listings
18 critical move-out tasks that should be on every seller's checklist
In the mad dash that's buying a home these days, important details can slip through the cracks. That's why listing agents need to help sellers transition out of their homes in an organized fashion — without leaving out any critical information buyers might need
by Cara Ameer Apr 1
Pulse: What does back to basics mean in 2021?
This week, we're exploring what going back to the basics really means for real estate professionals in 2021. What fundamentals should agents be focusing on, tweaking or relearning this year?
by Inman Mar 31
Beyond the headlines: What to expect with rising mortgage rates
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into recent housing data releases and predicts how the market will fare
by Matthew Gardner Mar 30
Pulse: Readers share a time when financing derailed a deal
From a client failing to disclose a marriage to a lender ghosting everyone a week before closing, here are a few deal-breakers that came between your buyers and their dream homes
by Inman Mar 30
Why the Equality Act matters — and how you can make a difference
With the Equality Act, the LGBTQ+ community would have anti-discrimination protections during the homeownership journey. Here's how it can make a difference in the equal and fair treatment of LGBTQ+ buyers and sellers
by Ryan Weyandt Mar 30
How to steer your brokerage through extreme markets
Operating a brokerage during extreme market fluctuations? You'll need to develop a strategy — and that starts with supporting your agents, providing superior service and learning how to be flexible through it all
Why are credit score apps different from a lender's pull?
It's not unusual for consumers to be baffled by the fact that credit scores from consumer finance websites like Credit Karma are different from what their lender pulls. Micah Curtis explains why that happens
by Rick Guerrero Mar 29
Knock Home Swap moves into the Twin Cities and Nashville
The expansion into the new markets will bring Knock's total market count to 27
by Lillian Dickerson Mar 25
5 pandemic mortgage strategies for the self-employed 
Self-employment has advantages, notably the home office deduction and eliminating commute time. Getting a mortgage, however, is not one of them. Here are a few tips that address the newly stiffened requirements for approval
by Steve Cook Mar 25
Put your listening skills to the test! 10 ways to be a better listener
Think you're a good listener? Now's the time to put your skills to the test. Answer these questions to determine if you're really hearing your clients and their needs and concerns, and then implement these best practices to improve your communication
by Bernice Ross Mar 25
Pulse: Tell us about a time when financing derailed a deal
Everyone makes mistakes — including homebuyers on the cusp of closing on their dream home. This week, tell us about the common financing mishaps that can really jeopardize a deal. How can agents help prevent them?
by Inman Mar 24
How to support your agents in this ultra-competitive seller's market
Opinion
It's been tough out there, but there is light at the end of the tunnel, and it's our job as leaders to inform our agents of these conditions and give them hope
by Ryan Rodenbeck Mar 24
NAR-DOJ rule changes won't come for months
Rules regarding public display of buyer broker commissions and lockbox access for non-Realtors were originally slated to take effect by the end of March
by Andrea V. Brambila Mar 23
Compass, Sotheby's roped into latest suit alleging 'inflated' commissions
The new antitrust lawsuit, filed Friday in California, also names the National Association of Realtors, Realogy, Keller Williams, RE/MAX and several other companies as defendants
by Andrea V. Brambila Mar 23
How to protect your buyers from appraisal catastrophes
With multiple offers being the order of the day, buyers are overbidding to outgun their competitors. What happens if an appraisal comes back low? Here are a few important steps to take before writing an over-asking offer
by Carl Medford Mar 23
Agents, hold yourselves to a higher standard — especially in a hectic market
Opinion
As professionals, we must focus on the long haul — while working together, helping our clients and always doing the right thing
by Jeff Martel Mar 23
Inman Handbook on Homeward
Homeward provides the buying power of a cash purchase to noncash homebuyers, allowing for more competitive offers and a better chance at winning in a multiple-offer situation
What this spring means for real estate: Buyers beware
Industry professionals painted a picture of a competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring
by Lillian Dickerson Mar 19
Listen: REX releases recordings of agent steering
One agent told the discount brokerage: 'I won't bother to show [the listing]. Who's your local agent though because I'll make sure to tell people not to work with them'
by Andrea V. Brambila Mar 18
NAR claps back on commission attacks
Trade group's president accuses commission detractors of duplicity 'for a payout' under the guise of protecting consumers
by Andrea V. Brambila Mar 18
How the agent commission structure benefits everyday Americans
Opinion
For those who are attacking agents and the associated commission structure, let’s be clear about who and what they’re attacking. They’re attacking everyday Americans who are helping their fellow Americans achieve the ultimate dream — owning a home
by Charlie Oppler Mar 18
Number of homes sold above list price soared in February: Redfin
The median home sale price in the US rose 14.4% to $336,200 in February
Homie to add 1,000 new buy-side agents
The new agents will be added across all of Homie's markets, but the majority will be recruited to assist buyers in Utah, the company announced Wednesday
by Lillian Dickerson Mar 18
How to help clients prepare for a stress-free packing experience
Packing, unpacking and moving to a new home can be an enormous undertaking, but with some careful planning and organization, the process can be a bit less stressful for your clients. Here's how you can advise them
by Gerard Splendore Mar 18
Consumer groups support REX suit against anti-rebate law
The Consumer Federation of America and the Oregon State Public Interest Research Group argue that prohibiting rebates to buyers and sellers stifles commission competition and harms consumers
by Andrea V. Brambila Mar 16
Pulse: How our readers are educating clients about mortgage and alt finance
This week, our readers share how they're educating their clients about one of the most important facets of the homebuying process — financing the biggest purchase of their lives
by Inman Mar 16
Eyes on Houston: Why the city is becoming a dream location
As an agent, investor and relocation specialist in Houston, Natasha Carroll knows the city's housing market inside out. Here's her take on why Houston is becoming an ideal destination for many
by Victoria Kennedy Mar 16
Matterport and rooomy advance relationship with immersive virtual staging
The partnership aims to provide consumers with as immersive and realistic a home tour as possible before seeing it in person
by Craig C. Rowe Mar 15
The Inman Handbook on Landing
Landing is upending the rental market with furnished, flexible leasing options for members in more than 80 markets around the country
by Craig C. Rowe Mar 15
Everyone is moving to Florida! Or maybe they aren't
Despite narratives about buyers flocking to Florida, data from Atlas Van Lines and Florida's 2020 Demographic Estimating Conference suggest the migration patterns are negligible
by Lillian Dickerson Mar 12
How to wow your clients with a standout experience
Whether it's through scheduling regular check-ins or developing custom marketing opportunities, proving to your clients that you’re there to help them navigate the process while creating exciting moments is what will set you apart from your competitors
by David Parnes AND James Harris Mar 11
Marcia Fudge sworn in as HUD secretary with a fair housing focus
NAR looks forward to working with Fudge 'to address racial disparities in real estate and our nation’s persistent housing affordability crisis'
by Andrea V. Brambila Mar 10
Lawmakers, economists worry home price growth will 'choke off' buyers
Economists told Politico the yearslong imbalance of demand and supply will come to a head this year as first-time buyers give up on homeownership
by Marian McPherson Mar 10
11 objection-handling scripts agents need today
When it comes to working with buyers, objections are buying signs. Your role is to uncover their concerns, address them and move your clients forward in making the purchase. Here are a few important scripts to keep handy
by Bernice Ross Mar 10
HomeKeepr, now a MooveGuru product, announces service integration
Moving assistance solution MooveGuru now has the mobile app outreach and marketing power of HomeKeepr, acquired in 7-figure, stock-for-stock transaction. HomeKeepr will remain operating as a MooveGuru company
by Craig C. Rowe Mar 9
Pulse: What clients need to know about mortgages in 2021
This week, our readers tell us how they're educating clients about the mortgage market in this red-hot real estate landscape. Here's what homebuyers need to be prepared for today
by Inman Mar 9
5 benefits to partnering with a property insurance attorney
Finding an attorney who can advise your clients about the pile of paperwork sitting in front of them saves them time and money, and it shows how sensitive you are to their needs. Here are a few more important benefits
by Victoria Kennedy Mar 9
9 self-storage questions your clients should ask
Your clients shouldn't just rent any storage unit — shopping around for the perfect solution that matches their needs is recommended, if not necessary. Here is a list of questions to equip them with
by Bill Gassett Mar 9
6 ways agents can disrupt the disruptors today
Embracing change, technology and the evolution of our industry is the key to succeeding and remaining relevant as an agent. Do this consistently, and you will emerge as a leader in your marketplace
by Faisal Susiwala Mar 8
12 digital mortgage terms every agent should know
Mortgages are going from handshakes to webcams. Here are 12 terms that are defining industry change
by Craig C. Rowe Mar 6
Sale-to-list price ratio hits all-time high: Redfin
During the 4-week period ending Feb. 28, the median home sale price and the 4-week rolling average of median asking price on newly listed homes also hit new highs
How to scoop up more market share in feeder markets
Now that you've solidified your position as a go-to local agent, what's next? A natural career progression might include expanding into neighboring areas and feeder markets. Here's how to do it successfully
by Mauricio Umansky Mar 4
One week after LA launch, Knock blankets Southern California
A rapid expansion from Los Angeles into San Diego, Santa Barbara and markets inland puts Knock well ahead of its '21 in 21' available markets goal
by Craig C. Rowe Mar 4
Not just a home! Why lifestyle matters most in 2021
Opinion
Today’s real estate consumers believe how they live within their communities is just as important as the layout of their homes. Understanding this shift is crucial for real estate professionals. Here's why
by Scott Beaudry Mar 4
Study: Women pay higher mortgage rates than men in all but one state
Only 1 state in the US was found to offer lower interest rates to women than men, on average, for a 30-year, fixed-rate mortgage, according to mortgage tech company Own Up
Your deal flopped! Are you guilty of these 7 sale-killing behaviors?
Opinion
When one of your deals flops, look for what went wrong and what you can do to prevent it — and avoid making that same mistake in the future. Here are a few common deal-killing behaviors to watch out for
by Bernice Ross Mar 3
About Time Tours offers industry mobile app for scheduling showings
The iOS and Android app is ready to go, seeking MLS and brokerage partnerships to streamline in-person property tours
by Craig C. Rowe Mar 1
The Inman Handbook on Knock
Fintech or proptech? Both? Home Swap provider Knock is moving quickly to surpass its goal of being in 21 markets before the end of 2021. Here's what you should know about its unique lending model designed to help homeowners buy before they sell
by Craig C. Rowe Mar 1
What’s driving the real estate inventory crisis? These 5 trends
This situation isn't just pandemic-related — the inventory crisis has been a decade in the making, driven by five major trends that are unlikely to change
by Michael Simonsen Feb 27
50% of agents will leave: One broker predicts real estate's future
Opinion
As an industry, we should stop obsessing over things we can’t or won’t fix and take a look inward at the things that make us special as individual agents and organizations. Here's why
by Ryan Rodenbeck Feb 26
From cold to close: How to ensure a seamless closing?
In this third and final part of the series on digital transactions, we will move past search and showings and onto the signing and closing process. Here are the main types of digital signings (and their perks) to know
by Marvin Stone Feb 26
Redfin: Real estate commissions will drop due to iBuyers, public display
The average buyer broker commission rate iBuyers paid when they resold a home fell to 2.5% in 2020 from 2.8% in 2019, according to a new analysis by Redfin
by Andrea V. Brambila Feb 25
Knock partners with The Agency for Home Swap's expansion
Los Angeles represents Knock's largest market for its 'buy-now-sell-later' alternative mortgage model. It's expected to especially help buyers in the under $2M market be more competitive
by Craig C. Rowe Feb 25
From cold to close: How virtual showing tools benefit your long-term business
In this second part of a multipart series on digital transactions and new technologies, we're focusing on the all-virtual tools that will make your remote showings a breeze instead of a 'can you hear me now' moment
by Marvin Stone Feb 25
Ikea is selling tiny homes now — and, phew, no assembly required
In a partnership with Vox Creative and Wisconsin-based tiny home and RV builder ESCAPE, the Swedish furniture giant revealed a 187-square-foot tiny home
Nearly half of real estate regulatory agency websites ignore consumers
41% of state real estate regulatory agency websites present 'poor' information to homebuyers and sellers while devoting themselves entirely to real estate professionals, according to a new report by the Consumer Federation of America
by Andrea V. Brambila Feb 24
From cold to close: 3 tips for better digital lead response
In this multipart series, you'll learn about digital transactions from end to end and examine new technologies that can enhance the process. First up? Solutions that keep digital inquiries on the digital path
by Marvin Stone Feb 24
'Silence of the Lambs' home to become themed vacation rental
Prop stylist Chris Rowan has taken on a project to recreate the home that appeared in the cult classic
Study: 44% of millennials would buy a home from photos alone
Clever Real Estate's latest millennial survey revealed just how far the generation is willing to go to become homeowners
by Marian McPherson Feb 23
Home prices skyrocketed 10.4% in December: Case-Shiller
Home prices continued a steady upward trend fueled by inventory shortages and low mortgage rates, according to the S&P/Case-Shiller US National Home Price Index
Beyond the headlines: Sales rise as inventory further wanes
Opinion
Looking for a little clarity on the news? Windermere Chief Economist Matthew Gardner dives into February's housing data releases and predicts how the market will fare
by Matthew Gardner Feb 23
How to help homebuyers compete in 2021 
Guide clients through any feelings of discouragement, and help them navigate an informed, prepared search
by Santiago Arana Feb 23
'Why do I need an agent?' 5 comebacks that prove your value
As a real estate agent, you've likely had clients question your value, with many thinking they can handle the complexities of buying and selling on their own. Here are a few ways to illustrate just how much you bring to the table
by Derek Dowell Feb 19
What's your pick for ugliest house of the year?
Choose from 3 finalists that got serious makeovers in 2020
by Andrea V. Brambila Feb 19
A median home in the United States now costs $330,500: Redfin
According to Redfin's latest survey, home prices surged 14% while sales grew by 20%
Annual home price growth reaches highest level since 2006
Increased buyer demand and low interest rates continue to push home values up in all 50 the largest US markets, according to Zillow's latest report
by Marian McPherson Feb 19
How to become a better negotiator in 9 simple steps
Top real estate agents Amie Quirarte and Craig Wilburn share how agents can conquer their negotiating fears and become better advocates for their clients
by Marian McPherson Feb 18
Homeownership rate for Black Americans lags behind at 42%
The National Association of Realtors' latest report revealed the systemic issues in housing, education, and jobs keeping minority homebuyers behind
by Marian McPherson Feb 18
7 ways to deliver value your luxury clients won't forget
Not every agent will be willing to take the extra steps and do the legwork, but when it comes to luxury clients, this makes all the difference. Here's how you can deliver exceptional value to high-end clientele
by Cara Ameer Feb 18
Want more listings? Don't overlook these crucial sellers
Opinion
With today's tight inventory and so many people wanting to buy homes, this often-overlooked group may be the answer to unlocking a slew of listings in 2021. Here's what you need to know
by Landon Bates Feb 18
Here's a first look at Zillow 3D Home Tours' newest features
With 200M unique monthly visitors and a consistent IDX stream, Zillow's updated app is ripe to normalize the immersive home tour experience
by Craig C. Rowe Feb 17
More than 7 in 10 sellers say they'd consider an iBuyer: Opendoor
A new report from Opendoor also found that 75% of buyers would consider purchasing a home through an app
by Andrea V. Brambila Feb 17
Manhattan luxury market roars back to life with best week in 5 years
A total of 38 contracts for homes above $4 million were signed in Manhattan last week, a number not seen since 2016
Pulse: Readers tell us about a time when tech saved the day
This week, our readers share the tech tools they valued the most during the pandemic — digital solutions that did everything from close a deal to salvage years-old photographs
by Inman Feb 16
What agents should know about over-55 communities
As an agent, if you are advising buyers about these specialized communities, you have to make sure they understand that they're not only purchasing a home but also a lifestyle. Here's what you need to know
by Gerard Splendore Feb 15
Inman Handbook on digital home showings
With the evolution of real estate upon us, the Inman Handbook on digital showings is here to help you make sense of this still-evolving, but here-to-stay, property marketing strategy
by Craig C. Rowe Feb 15
Don’t fumble your transaction! 5 rules for a strong finish
Opinion
Do what it takes to ensure that the last few moments of a transaction end in a completion that will ensure a win, leave your clients cheering and set you up with clients for life
by Carl Medford Feb 15
Hollywood at home: What happens when you let the film crews in
While having your property chosen can be tough, homeowners can make up to $20,000 a day by letting crews film inside their home, real estate agents told Inman
Interest in Instashowing soars: Is it the next ShowingTime?
Opinion
A showing management solution for brokerages and multiple listing services, Instashowing does a terrific job of not overcomplicating the process of arranging a showing
by Craig C. Rowe Feb 12
Knock expands to Colorado Springs and Tuscon, now in 17 cities
Now available in 17 markets across the country, Home Swap helps sellers sell before they buy and move without worrying about showings, vendors and other traditional hassles of having a home on the market.
by Craig C. Rowe Feb 11
How to help cash-strapped buyers overcome financing hurdles
Opinion
For some homebuyers, down payment assistance can prove to be a game-changer. Here's why, at the very least, real estate agents should familiarize themselves with affordable financing options for purchasing a home
by Teresa Boardman Feb 11
$1M home searches hit record high in January: Redfin
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
by Lillian Dickerson Feb 10
Pulse: Tell us about a time when tech saved the day
This week, we're asking you to share your best experiences with tech — those moments when you welcomed digital tools into your process with open arms
by Inman Feb 10
Nearly 1 in 5 millennials have given up on homeownership
A new report from Apartment List finds that most millennials have no down payment savings and big disparities by race
Trump’s one-time Palm Beach property to sell for close to $140M
The 61,744-square-foot estate sold by Trump in 2008 was later divided into three separate lots, one of which now holds the second priciest single-family home ever sold in the US
Most cities are making a comeback — but not the priciest ones
Data from Redfin shows that cities are making a comeback, and young white-collar workers are seizing low mortgage rates and work-from-home policies to move to affordable cities
Helping millennial and Gen Z buyers: What you should know
Younger generations are certainly a new breed of buyers, and as we all know, we have to evolve with the times — and the customer. Find that digital and competitive edge to remain relevant and outshine competitors
Dealing with indecisive buyers? File, don't fire
Who has time to deal with wishy-washy buyers in inventory-starved markets? Pat Hiban sits down with real estate coach Darryl Davis to get his top strategies on turning these buyers into opportunities for doubling business
by Pat Hiban Feb 9
Doorvest's unique investor assistance model is modernizing fix-and-flip
This online solution for rental property investing buys, fixes and leases a home for clients before selling it back to them
by Craig C. Rowe Feb 8
Sotheby's CMO Brad Nelson's 8 predictions for 2021 luxury market
Sotheby's International Realty CMO Brad Nelson shares the top insights from the brokerage's 2021 Luxury Outlook report and what challenges lie ahead
by Marian McPherson Feb 5
Virtual 3D marketplace All3D is here for real estate
Opinion
The 3D marketplace has grand plans for the real estate space, the first of which includes an experiential retail and photo-realistic virtual staging offering
by Craig C. Rowe Feb 5
As Jeff Bezos steps down as Amazon CEO, feast on his giant RE portfolio
From LA to Seattle and even West Horn, Texas, Jeff Bezos owns property all across the country. As he prepares to step down as Amazon's CEO, Inman takes a look at his portfolio
4 negotiating tips for buyers looking for condos
While single-family homes are experiencing hyper-competition, today’s condo market might be more favorable to buyers. Here are a few negotiation tips agents should know to maximize their clients' purchase
by Jenny Usaj Feb 4
Home price growth reaches high unseen since 2014: CoreLogic
Home values increased by 9.2% in December, while inventory dropped 24% below 2019 levels
No matter what, Realtors are the ones who make home happen
Opinion
Despite the daily onslaught of market disruptors seeking to remove Realtors from the equation, there will always be a need for the personal touch in walking clients through the sale or purchase of their most important asset
by Carl Medford Feb 1
What's changed? 5 factors COVID-19 caused us to reconsider
Opinion
There's no doubt that a home is still a smart investment. However, this past year presented us with many other crucial points to consider. Here are a few short- and long-term results 2020's events might bring
by Kuba Jewgieniew Jan 28
Shaquille O'Neal to offload Florida mega-mansion listed for $16.5M
The 31,000-square-foot complex that O'Neal bought in 1993 was first listed for $28M in 2018
10 tips for crafting offers that will stand out in a hot market
At Inman Connect, panelists advised buyer's agents on how to make sure their clients shine with the strongest possible offers
by Andrea V. Brambila Jan 26
'2021 is going to be an insane year': Mike DelPrete's 5 megatrends
Mike DelPrete's 5 megatrends of real estate tech include the ongoing growth of new business models, a battle for adjacent services and one that might surprise you
by Craig C. Rowe Jan 26
Home price growth reached a new high in November: FHFA
Home prices rose 11% year over year in November, breaking the Federal Housing Finance Authority's previous 15-year high in October
by Marian McPherson Jan 26
In November, home price gains rose nearly 10% year over year: Analysis
Rising from 8.4% growth the month before, the home price numbers reveal a year in which the pandemic did little to temper sky-high growth, according to new data Tuesday
Stop! 7 bad listing agent behaviors that can hamper a deal
For a transaction to go over smoothly, agents have to maintain professionalism while keeping the process as pleasant as possible for everyone involved. If you're a listing agent, now's the time to stop these irksome behaviors
by Michelle Shelton Jan 26
How do you serve a client who just won the $731.1M Powerball lottery?
On Thursday, a lottery ticket sold in a convenience store in Lonaconing, Maryland, became the 4th highest jackpot in Powerball history. Odds are, the winner's going to need an agent
December home value growth shatters records: Zillow
Typical US home values rose 8.4% year over year to $266,104, the highest annual increase seen since January 2014, according to a new report from Zillow
by Lillian Dickerson Jan 22
Make your buyer's offer stand out! 3 tips for winning
In a pandemic-era market, the competition is tough — which means that helping your clients craft a strong, irresistible offer is more important than ever. Here are a few tips to remember
by Mauricio Umansky Jan 22
Buyers can bid on America's priciest home via Google Forms
One of the application questions for those interested in buying the $350M estate asks from which influencer did bidders learn about the property
You can help! How to support homeowners in forbearance
Opinion
There’s so much you can do to assist distressed homeowners avoid foreclosure. Not only will you have their lasting gratitude, chances are, they will also refer others to you in the future
by Bernice Ross Jan 20
As DC readies for new president, agents predict a strong spring
The dawn of a new administration is already bringing hopeful energy to a city that's seen a lot of turmoil in recent months
by Lillian Dickerson Jan 19
Historic LA estate once owned by Cher sells for $88M
Last owned by disgraced developer Robert Shapiro, the 10-acre Owlwood Estate was first listed for $180 million in 2017
Pulse: Readers tell us how agents have helped them
This week, our readers tell us about a time another agent went the extra mile to save them in a bind. Here are all the positive and uplifting stories you shared with us
by Inman Jan 19
7 realities your buyers and sellers should prepare for in 2021
The real estate market boomed last year, as people sought more space, amenities and new jobs that required relocation. But what will 2021 look like? Here's what will likely change — or stay the same — this year
by Cara Ameer Jan 19
I'm so over it! 7 reasons homeowners want to move
Opinion
The agents who manage to get ahead of the trends and position themselves in the new reality will be the ones still standing when the new order emerges
by Carl Medford Jan 17
Tommy Hilfiger sells Connecticut estate for $45M, just as ex-wife lists hers
Janet Milligan of Sotheby's International Realty in Greenwich, Connecticut, represented both Hilfigers
7 new tech products every agent should know about
Held virtually, the 2021 Consumer Electronics Show revealed the latest in home and business technology, including a home recycling solution, wearable joysticks for hands-free control and even 'smart tub' from Kohler
by Craig C. Rowe Jan 14
Initiative to boost homeownership among Native Americans debuts
CBC Mortgage Agency, a tribally owned housing finance agency, and the National Urban Indian Family Coalition (NUIFC) are teaming up to offer homebuyer workshops
by Andrea V. Brambila Jan 14
Demand for Manhattan luxury real estate roars back to life
Homebuyers signed 27 contracts valued above $4M last week, according to a new report from Olshan Realty. Buyers haven't signed that many contracts above $4M since March
Remote work pushed a third of homebuyers to move: Redfin
'We haven't seen the end of pandemic-driven relocation,' Redfin Chief Economist Daryl Fairweather said, adding that an additional 33% of those polled said they would relocate if their current work-from-home situation becomes permanent
Orchard expands to 4 new markets in the Southeast
The company is already operating in its newest market Houston and will begin offering its services in Charlotte, Raleigh-Durham and Washington, DC
by Lillian Dickerson Jan 12
10 new build contract questions every agent should ask
There are many facets to consider when working with buyers who want to go the new construction route, especially with COVID, tariffs and uncertainty at play. These questions tackle some major issues clients could face
by Andrew Bearden Jan 12
'Do I sound too salesy?' 3 steps for selling in difficult times
Opinion
If you bear these ideas in mind and apply them when you can, you won't need to worry about sounding pushy or making people feel like they're just another customer
by Justin Tucker Jan 12
'The Daily Show' host Trevor Noah drops $27.5M on Bel Air mansion
Inspired by traditional Japanese architecture, the property overlooks Los Angeles
The worst state to raise a family is New Mexico. But what's the best?
A new survey released Monday from personal finance website WalletHub crunched numbers from 52 different factors to rank the best and worst states to raise a family
by Patrick Kearns Jan 11
5 digital marketing topics that'll shape 2021
After hundreds of conversations with agents across the country, one real estate pro breaks down the main digital marketing topics that dominated the narrative — and consequently, business
by Aaron Lacey Jan 11
Tom Ford sells Santa Fe ranch for $48M
News of the sale first became public on Thursday after Compass real estate agent Clayton Orrigo posted about it on Instagram
Today marks Day 300 of quarantine — and agents say the thrill is gone
Yep, Friday marks the 300th day of coronavirus lockdowns for millions of Americans. But while 2020 was prosperous for many, some agents long for a time when anxiety and virtual conferencing didn't rule the day
by Jim Dalrymple II Jan 8
6 tips for serving the next generation of luxury homebuyers
A millennial real estate agent shares what she has learned about working with young affluent buyers while climbing the professional ranks and serving her peers
by Dana Bull Jan 8
Americans accrued $7,512 in additional debt during 2020
Clever Real Estate's latest survey revealed the average American's non-mortgage debt burden increased by $7,512 in 2020 due to booming unemployment
by Marian McPherson Jan 7
It's cheaper to own a home than rent in 63% of markets
Less populous areas and counties located in the Midwest and South are more likely to have more affordable homebuying than renting options, according to a report from Attom Data Solutions
Elm Street's Elevate gets new lead-gen capabilities after VoicePad acquisition
VoicePad's automated appointment setting and phone follow-up solution will be integrated with Elm Street's Elevate, an omnichannel marketing and sales support product for agents, teams, and brokerages
by Craig C. Rowe Jan 6
The top 10 most and least popular metros for millennial homebuyers
Those born between 1981 and 1996 made up the majority of potential buyers in 43 out of the 50 largest markets
New nonprofit aims to help Black Portland homeowners
Taking Ownership PDX has raised hundreds of thousands of dollars, which it is using to help Black homeowners do maintenance and stay in their houses
by Jim Dalrymple II Jan 5
Mortgage affordability falls in 51 of 100 largest cities
A new Point2 report also found that home prices rose faster than wages in most of the biggest markets
10 factors buyers need to weigh before moving to the suburbs
The pandemic has accelerated the move from cities to suburbs — and it's easy to see why. Living in the suburbs has its perks, but there are downsides, too. Here are a few pros and cons your clients need to know about
by Jenna Weinerman Jan 5
A look at 2020: A year of reckoning for housing policy and equality
From eviction bans to redlining, zoning reform and the NAR Code of Ethics update, 2020 has been a year of reckoning on real estate's checkered past
by Marian McPherson Dec 31
Homeownership became unaffordable for most Americans in Q4
The average wage fell below the level needed to afford the typical home in the fourth quarter of 2020, according to ATTOM Data Solutions
by Patrick Kearns Dec 30
4 sales scripts every agent needs in 2021
As a team leader, introducing a handful of invaluable scripts to your agents goes a long way in helping them ramp up business in the new year. Here are a few worth knowing and practicing
by Kathleen Black Dec 30
Are you a top performer? 13 questions to ask yourself
What’s the difference between a top performer and everyone else? Even more importantly, how can you know where you stand? Here are a few questions that’ll help you figure out how you’re doing — and what you need to improve in 2021
by Bernice Ross Dec 30
Rookie mistakes: 10 things newbie agents often fail at
Everyone makes the occasional mistake, but rookies often make more than their fair share. Here are the biggest failures to watch out for and avoid
by Carl Medford Dec 30
The 20 weirdest, wildest real estate listings of 2020
A mansion with an underground bunker, a former monastery and a property deemed 'too dangerous to enter' all hit the market in this wild year
So you want to be a high achiever? Adopt these 5 key habits
Being a top-notch agent is more than just about helping people buy and sell homes. It’s about honing the right mix of professional skills — and developing a mindset primed for success. Here’s how you can put in the work
by Faisal Susiwala Dec 29
Michael Jackson's Neverland Ranch sells for $22M
The 2,700-acre estate built like a theme park was originally listed for $100M in 2014
9 new real estate technology products that lit up 2020
Opinion
A number of new real estate software products emerged in 2020 — some from new companies and others from established players. Here are nine of them that stood out
by Craig C. Rowe Dec 28
Showing app Entro has potential — but should address agent safety
Opinion
With some decent features and a user interface worth seeing, Entro could succeed if not for leaving agent safety and lead quality totally out of the equation
by Craig C. Rowe Dec 24
'A super hot market': Economists weigh in on what to expect in 2021
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
The best month of the year to buy a home in 2020 was November
The median monthly mortgage payment in the US hit a low of $1,094 in November 2020, making it the best month out of the year to buy a home, according to a Redfin analysis
by Lillian Dickerson Dec 23
Stop it! 7 things not to say when defending your commission
Being asked to cut your commission is no fun. There are good ways to handle it, and there are bad ways. Here are the ways agents typically defend themselves — and the arguments that are best left unsaid
by Jay Thompson Dec 23
9 stupid mistakes agents make — and how to avoid them
Don't barge in! (And other sage lessons agents should know)
by Bernice Ross Dec 23
7 ways to help buyers score a deal on new construction
While sheer supply and demand is making it tough to negotiate much beyond what a builder is offering, understanding how to navigate the process may help buyers time their purchase appropriately and save some money wherever they can
by Cara Ameer Dec 22
Agent/broker perspective: How should agents handle inexperienced deal partners?
An agent is tired of working with other inexperienced agents who lack basic professionalism. What should her broker say?
by Anthony Askowitz Dec 22
Everything that happened in 2020, the wildest year of our lives
This year had it all: A presidential election, a stock market crash and rebound, and the busiest summer and fall in memory — all amid an unprecedented global pandemic
by Jim Dalrymple II Dec 21
Local Logic updates with enhanced demographic data, granular market reporting
Opinion
The website add-on tool made listings shine with local narratives. New features do even more with big data and buyer information tools
by Craig C. Rowe Dec 18
Bunkers, Bezos and the Bahamas: The biggest luxury stories of 2020
A booming luxury market, an obsession with spaciousness and high-profile celebrity sales in the midst of a pandemic have made 2020 a year like no other
Brad Inman's 9 pieces of advice for 2021 and beyond
Inman founder Brad Inman kicked off December's Connect Now conference with some sage advice about how agents can continue to thrive through uncertain times
by Marian McPherson Dec 17
The lessons this broker learned and is taking into the new year
Opinion
A lot of changes took place in 2020, and many of us will likely reflect on them for years to come. Here are one broker's observations — the things she'll leave behind and the lessons she'll take with her into the new year
by Teresa Boardman Dec 17
Happy happy, joy joy: The Midwest tops list of the US's happiest states
On the other end, West Virginia, Nevada, California, Mississippi and Kentucky ranked as the unhappiest states, according to a new survey by homeselling platform iSoldMyHouse
by Marian McPherson Dec 16
Candice Bergen and Marshall Rose list Hamptons home for $18M
Famed architect Jaquelin T. Robertson designed the home for Rose, a real estate developer, and his first wife, Jill, in the 1980s
5 challenges indies will meet head-on in 2021
The real estate landscape has shifted over the years. Today, independent brokerages need to have a clear view of those changes and use their strengths to pivot and meet them. Here's how they can thrive in 2021
by Andrew Bearden Dec 16
Here's where home prices soared the most during the pandemic
Realtor.com's latest market analysis reveals how buyers' migration to the suburbs amid COVID-19 sparked double-digit home price growth in these 10 areas
by Marian McPherson Dec 15
The 10 hottest neighborhoods to watch in 2021
From popular ski towns in California to once-sleepy suburbs in New Jersey, these 10 areas are attracting new residents at lightning speed
Homes.NYC is the newest New York City home search
Opinion
Launched by Gabriels Technology Solutions and powered by RealPlus, New York's newest property portal emphasizes building video and neighborhood fly-overs.
by Craig C. Rowe Dec 15
The Inman Handbook on digital advertising with Adwerx
Is 2021 the year you make digital advertising a part of your success? Here's everything and more you need to know about Adwerx, one of the industry's longest-standing platforms for web and streaming media display advertising
by Craig C. Rowe Dec 14
The no-brainer investment all agents should make in 2021
Agents are the conductors of real estate. They must keep everyone involved informed and protected. However, to function as valuable problem-solvers, agents need to invest in themselves with continual learning. Here are the benefits of doing that
by Moira Taylor AND Raynae Taylor Dec 13
Trump fans hope to buy childhood home and give it to him as a gift
In the latest effort to unload the home, Paramount Realty USA Auctions has launched a GoFundMe campaign calling on the president's fans to raise $3M to purchase the property
Homebuyers are becoming more diverse — and facing 'headwinds'
A demographics panel at NAR's Real Estate Forecast Summit talked about the declining share of first-time homebuyers, the 'baby bust,' and the rise in multigenerational living
by Andrea V. Brambila Dec 11
Digital closing tech JetClosing opens Austin office, its 5th nationwide
Operating in seven states and having raised $35 million to date, JetClosing is now running in the innovation hub of the southwest
by Craig C. Rowe Dec 11
10 amenities Zillow predicts will be on your buyers' 2021 wish lists
From pet-friendly spaces to backyard oases, Zillow on Thursday shared what will be at the top of homeowners' and homebuyers' home wish lists in 2021
by Marian McPherson Dec 10
This container house in the middle of the desert can be yours for $3.5M
Envisioned by Whitaker Studio architecture firm, the so-called Starburst Container House in Joshua Tree will be built from shipping containers arranged in the shape of a star
Interest in second homes is increasing, with men leading the charge
55.7% of Americans who don't own a second home say they now want one, compared to just 46.4% who expressed a desire for a second home prior to the pandemic
by Lillian Dickerson Dec 10
How new agents see the real estate industry in 2020
Real estate is an attractive career path for people of all ages and backgrounds, but what do newbies in the industry think of it as a whole? What surprises did they stumble across this year?
by Kris Lindahl Dec 10
It takes more than a decade to save a 20% down payment in these 4 cities
Seven of the 10 hardest US cities to save for a home were in California, according to an analysis released Wednesday by RealtyHop of 125 of the nation's largest metros
by Marian McPherson Dec 9
Craft an irresistible offer! 8 tips for helping your buyers win
Just like a job interview, you never get a second chance to make a first impression, and submitting an offer in today's market is very similar
by Cara Ameer Dec 9
California mansion could smash records as priciest auction sale
Owner Steven Udvar-Hazy listed the mansion, known as Villa Firenze, for $165M in 2018 but took it to Concierge Auctions after being unable to find a buyer
Knock launches new sale-leaseback program, Knock Nest
A spin-off of Knock Swap, Knock Nest formalizes Knock's longtime leaseback option and allows homeowners to access home equity without the need to move
by Marian McPherson Dec 9
3 digital marketing strategies you'll need in 2021
2021 will be the year of eye-catching content. Here are a few ways to drive more eyeballs to your listings and get the exposure needed to elevate your business
by Mauricio Umansky Dec 9
10 strategies for being more profitable in 2021
Want to be more profitable in this upcoming year? Here's how to work smarter, reduce expenses and find ways to make the best possible use of your time
by Bernice Ross Dec 9
Stewart Title acquires NotaryCam to advance digital closings
The deal aims to enhance Stewart's 'vision of digitizing, securing and simplifying the title and closing process'
Where people are looking for homes hasn't changed: OJO Labs
But how people are finding those homes has changed, according to a study released by the real estate tech company.
by Patrick Kearns Dec 8
Here's why housing needs to be more pet-inclusive now
Given the positive effects pets have on stress levels, now's the time for all multifamily communities to adapt their policies and allow for a better living experience — for both pet owners and their furry friends
by Michael Zaransky Dec 8
Western cities will excel amid strong 2021 market: realtor.com
Cities such as Sacramento, California, should do well next year due to affordability, strong job markets and proximity to bigger metros. New York City, on the other hand, may struggle
by Jim Dalrymple II Dec 7
How to update your buyer’s checklist for 2021
The most important thing you can do for your clients, first and foremost, is to make health and safety a priority
by Santiago Arana Dec 7
What to expect when shifting to a buyer's market
Opinion
Nobody really knows what will happen next year — or the year after. Shifts are normal for markets, so agents should think through possible changes and plan for them. Here are a few things to consider
by Andrew Fortune Dec 6
5 ways to deck the halls — while keeping the home market-ready
Although sellers may not be able to deck the halls the way they have before, they can still add plenty of holiday cheer. The key? Keeping it tidy enough for buyers to see the home's best features
by Antoinette Fargo Dec 5
Ellen DeGeneres was the secret buyer of Dennis Miller's $49M estate
The beloved daytime talk show host bought the Montecito home from comedian and conservative talk show host Dennis Miller in September
Elvis widow Priscilla Presley sells Beverly Hills estate for $13M
The 9,000-square-foot, Spanish-style home, which Presley purchased in 1975 after her divorce from the King of Rock and Roll, was originally listed in August for $16M
Always Buyers lets agents geographically map buyers' home needs
Opinion
The new map-based buyer agent tool helps broadcast where and what a buyer is looking for. It's active in Southern California with goals to expand nationwide
by Craig C. Rowe Dec 4
Influencers marketing condos? Some developers are counting on it
Some New York developers are enlisting influencers to help sell units, by having them create content featuring condos to share images on Instagram
ProperSign is another step toward fully digital transactions
Opinion
Built by the one-time CTO of a title due diligence firm, ProperSign will help real estate take another step toward 100% digital deal-making
by Craig C. Rowe Dec 4
Does NAR's fair housing simulation work?
Opinion
NAR's mythical town of Fairhaven is meant to shed a realistic light on discrimination in the industry. But how does it stack up against standard fair housing classes? Here's one broker's experience
by Teresa Boardman Dec 3
Pandemic relocation, confidence driving Canadian market: RE/MAX
RE/MAX predicts that the average price of a single-family home in Canada will grow by 4 to 6 percent in 2021
5 simple ways to stage your listing for the holidays
From handmade trinkets to gold Christmas trees, here are 5 holiday design trends that will dazzle potential buyers in-person and online
by Marian McPherson Dec 2
Home energy evaluator WattBuy raises $3.25M in series A
A web app for helping homeowners predict and understand energy usage raises more money as climate change's role in real estate continues to grow
by Craig C. Rowe Dec 2
Home prices spike after summer lull: CoreLogic
Nationwide home prices grew at the fastest pace since 2014
7 ways to connect with first-time millennial and Gen Z buyers
To appeal to millennial and Gen Z buyers, you should familiarize yourself with their comfort zones, priorities and the challenges they face now. Here's what you need to know
by Ben Mizes Dec 1
Stuck with moving boxes? 10 ways to reduce, reuse and recycle
If you're a new agent, at some point, your clients will likely ask you about the best way to dispose of their moving boxes. Here are a few ways you can help them avoid sending cardboard to a landfill
by Bill Gassett Dec 1
Historic Hamptons windmill house lists for $11.5M
'This is a property for somebody that has everything, but doesn't have a windmill home,' said listing agent Bobby Rosenbaum
13 things buyers need to consider before relocating
Before moving on to another destination, here are a few things buyers should consider as they wade through their options
by Cara Ameer Nov 30
Outdoor kitchens, dining spaces take center stage during holidays
Agents in California, Montana, Arkansas and Louisiana share how buyers are embracing outdoor entertainment spaces for socially distanced holiday gatherings
by Marian McPherson Nov 25
How buyer love letters can land agents in ethics trouble
Missives that disclose race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity are risky for buyer's agents and listing agents
by Andrea V. Brambila Nov 24
22 common agent practices that violate the Realtor Code of Ethics
Broker and ethics hearing officer Barbara Betts detailed the ways agents misrepresent themselves and the transaction, sometimes inadvertently
by Andrea V. Brambila Nov 24
Robin Williams' waterfront Bay Area home sells for $5.35M
The Marin County estate first hit the market a year ago for $7.25 million
Agent/broker perspective: Should agents start aligning with Biden's housing plans?
Opinion
With the election drawing to a close, an agent feels ready to shift her business and align more with the president-elect's housing policies. What should her broker say?
by Anthony Askowitz Nov 24
Fashion designer's art-filled Manhattan penthouse asks $45M
Lisa and Richard Perry redesigned the home specifically to showcase their extensive contemporary art collection
Rocker Bret Michaels pays $4.8M for Calabasas estate
Michaels says the 6,000-square-foot mansion has 'one of the best views in California'
EOriginal updates again with hub for remote online notarizations
The fast-growing online closing platform has been updated with new features to empower online document notarization
by Craig C. Rowe Nov 23
Low inventory and rising prices to continue in 2021: Homesnap
Homesnap predicts homebuying demand will remain hot and inventory will continue to decline in 2021 — unless sellers can be enticed to enter the market
by Lillian Dickerson Nov 23
The 2 best days to buy a home are right around the corner
Attom Data Solutions examined 27M single-family and condo sales over the past 7 years and calculated the premium or discount paid on any given calendar day
by Lillian Dickerson Nov 23
2020 is the year of the second home
The demand for second homes has risen 100% year over year, according to a Redfin report
by Marian McPherson Nov 20
ClosingLock aims to lock down wire fraud
Opinion
As real estate deals continue to be handled online and at arm's length, wire fraud risk has nowhere to go but up. ClosingLock is aiming to stop it
by Craig C. Rowe Nov 20
Knock launches its Home Swap service in North Carolina
Home Swap lets real estate consumers buy a new home without having to repair and list their existing residence
by Jim Dalrymple II Nov 19
3 strategies for scooping up more market share
As a successful agent, naturally, there will a come a time when you'll want to expand into a new area. Here's how one agency approached the endeavor and what the process looked like
by David Parnes AND James Harris Nov 19
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
NAR: After 2020 boost, home sales will leap next year
NAR Chief Economist Lawrence Yun predicts existing-home sales will rise 9% in 2021
by Andrea V. Brambila Nov 18
'2021 has already kick-started': Noel Roberts on the Hamptons market
The star of 'Million Dollar Beach House' talks about the influx of permanent Hamptons residents and what to expect next year
Highly rated iBuyer offer aggregator rebrands and gets even better
Opinion

Atlanta-based OfferBarn is now WyzeGyde. It’s not often that an already worthwhile software product undergoes a substantial overhaul and comes out even better — but this one did.

by Craig C. Rowe Nov 16
Digital escrow provider Endpoint closes on $40M more
The digital deal continues to broaden its reach as technology company Endpoint takes in more money, expands in the west and doubles its employee count
by Craig C. Rowe Nov 13
Novelist Tom Clancy's luxury penthouse heads to auction
The Ritz-Carlton Residences penthouse will be auctioned off with no reserve price
NAR looks forward to 'centrist public policy' under Joe Biden
NAR expects new administration will restore fair housing rules and support bipartisan legislation related to minority homeownership, first-time homebuyers and housing supply
by Andrea V. Brambila Nov 13
CoreLogic launches consumer search with OneHome
Opinion
Data and analytics company's new invite-only, lifestyle-driven home search portal is mostly good, with consumer resources and tools for agents to collaborate
by Craig C. Rowe Nov 13
3 buyer objections, excuses and concerns to overcome this fall
Dealing with buyer objections is frustrating, but experienced real estate agents should have answers for these common concerns and excuses. Here's how to be better prepared
by Kathleen Black Nov 12
FHA to allow homebuyers to purchase private flood insurance
The proposal outlines plans to allow FHA borrowers to purchase private flood insurance, which leaders said will lower insurance prices and decrease the impact of NFIP lapses
by Marian McPherson Nov 11
Gold Gate offers fractional access to global luxury
Launched as a commercial real estate firm this spring, Gold Gate changed direction to offer fractional investment in luxury homes around the world
by Craig C. Rowe Nov 11
11 common bluffs agents use with buyers, sellers and each other
This industry is always moving fast. As a result, agents have become experts at crafting responses that can buy them time, leave the door open or get them to a desired outcome. Here are a few
by Cara Ameer Nov 10
Tales from the field: Focus on the warm calls
One broker shares a powerful way agents can approach calls while showing they care and subtly establishing themselves as trusted real estate professionals
by Lee Davenport Nov 7
Homes sold faster in October than September for first time since 2011
For the first time in 9 years, homes sold faster in October than September as low-interest rates continue to unlock pent-up buyer demand, according to new data from realtor.com
by Marian McPherson Nov 5
Blue counties yield higher property values, red counties pay fewer taxes
The average home in a Democrat-controlled county is worth 75% more than the typical home in a Republican-controlled county, according to an analysis by Attom Data Solutions
3 ways to build confidence in buyers and keep their anxiety at bay
Today, homebuyers are understandably nervous, which is why agents should do everything they can to put buyers at ease. You can do that by showing your market knowledge and expertise — and following these tips
by Santiago Arana Nov 2
Louisville, Buffalo, Santa Barbara lure out-of-towners amid pandemic
All 3 metros have experienced a net inflow increase by over 100% in the past year, according to a new report from Redfin released Friday
by Lillian Dickerson Oct 30
Post-pandemic, which foreign investors will be first to return? It depends on who the president is
Consultant Edward Mermelstein discusses how the election could change the market and where the first international buyers may hail from when COVID-19 travel restrictions lift
ReferMe IQ uses old business to earn you new business
Opinion
Although developed for a range of service-based business, ReferMe IQ has a unique appeal to real estate — and comes ready to go with automated email campaigns
by Craig C. Rowe Oct 30
Quickly pay agents and accept deposits with Bank Shot
The pandemic has pushed every aspect of the transaction deep into the digital age, and this broker-developed app continues to help everyone get their money faster
by Craig C. Rowe Oct 29
Beyond the headlines: Housing continues to break records
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses home sales across the U.S. and concerns over the unsustainable pace of price growth
by Matthew Gardner Oct 29
How the 'House Then The Car' is changing black homeownership
When he became president of NAREB a year ago, Donnell Williams found that Black millennials with incomes over $100K are not purchasing homes. Here's what he did to shift their perspective on homeownership
by Steve Cook Oct 29
Hockey legend Wayne Gretzky lists California estate for $22.9M
Wayne Gretzky and his wife Janet built the home in 2002, sold it in 2007, then rebought the home several years later after a former owner lost it to bankruptcy
Winter is coming: These are most in-demand cold weather amenities
As homebuyers and owners prepare to settle in for what may be a long COVID-19 winter, fire pits, hot tubs and heated floors have never been more desirable
by Lillian Dickerson Oct 28
Former Zillow exec Greg Schwartz wants to make buying a home easier
New startup Tomo is aiming to improve the real estate transaction experience with a $40M seed round
by Patrick Kearns Oct 27
So your rich client wants to buy mom a home. What now?
Gifting someone a house is more complicated than it may seem — here's what you need to know
'Unlivable' New York City 'house of horrors' sells for a cool $720K
It's unclear if the new owner plans to raze or renovate the dilapidated structure
Avoid violating fair housing laws! Follow these 4 guidelines
As our nation grapples with the ongoing crisis of racial inequality, it is critical that Realtors be a part of the solution, not contribute to the problem. Here's a look at NAR's recommendations
by Carl Medford Oct 26
5 reasons buyers should pull the trigger this fall
The time for buyers to act is now, while interest rates are low and the economy is gaining strength. If your buyers are on the fence, here are a few reasons that might convince them to go for it
by Gerard Splendore Oct 26
How to help clients play their cards right in today's market
With the current low-inventory market and the overall uncertainty, an agent's job has never been more important. Here's how to guide buyers and sellers while keeping their stress levels low
by Jim Manikas Oct 24
Kiss frontman Gene Simmons lists Beverly Hills mansion for $22M
Simmons and his wife Sharon Tweed bought it in 1984 for $1.35M
How the pandemic is redefining what luxury means
Engel & Völkers Americas CEO Anthony Hitt on how buyer priorities have shifted, why inventory is tight and what luxury looks like in this new normal
by Andrea V. Brambila Oct 23
20 of the most mindbogglingly expensive homes sold this year
It's been a big real estate year for billionaire buyers David Geffen and Jeff Bezos
How to help your buyers win in a competitive market
Although receiving multiple offers can be a positive opportunity for sellers, it can be daunting for buyers. Here's how to help them compete
by James Harris AND David Parnes Oct 22
Home price gains continue to climb in third quarter
A new report from Attom Data Solutions found that 77% of metros analyzed posted double-digit annual home price gains
by Lillian Dickerson Oct 21
5 smart things top agents are doing that you should implement now
OJO Labs CEO John Berkowitz and Chief Product Officer Charles Myslinsky revealed 5 bright ideas worth taking note of during an Inman Connect Now session on Tuesday
by Andrea V. Brambila Oct 21
Ylopo: Dynamic PPC 2.0 is the industry's best response to big-portal leads
The digital marketing platform has been beta testing a new consumer home search experience for months to accompany its innovative Dynamic PPC ad strategies
by Craig C. Rowe Oct 21
$14M mansion is the Florida Panhandle's priciest new build sale
Just a few months after listing, a Greek-style mansion sold for $14 million, setting a record for the region's most expensive new construction sale
Knock's expansion plans on track with new Florida markets
Three Keller Williams offices in central Florida will become Knock-certified as alternative lending company continues push toward 11 markets before year's end
by Craig C. Rowe Oct 20
'Sleepy suburbs' are the new hot spot for luxury buyers
The pandemic has given the world a new perspective, and for luxury buyers, the suburbs have never looked more glamorous
by Lillian Dickerson Oct 20
'Our goals are bold:' CEO of Alliance on protecting LGBTQ+
Opinion
The real estate industry has an obligation to assist LGBTQ consumers in their journey to homeownership. Here's what one organization is doing to further that goal
by Ryan Weyandt Oct 20
Pulse: Readers share the biggest myths about luxury real estate
This week, our readers chime in to debunk the biggest myths about the high-end market. Here are all the misconceptions you shared and cleared up
by Inman Oct 20
Beyond the headlines: 83% of consumers not worried about job loss
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner digs into the numbers of the latest Home Purchase Sentiment Index
by Matthew Gardner Oct 20
September was a record-breaking month for prices, sales and speed
Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin
by Lillian Dickerson Oct 19
Keep up! 3 tips to navigate the post-pandemic sales boom
Is the COVID-induced hubbub of activity keeping you on your toes? These 3 tips will help you keep your post-pandemic momentum going and stay on track with your clients’ evolving needs
by Santiago Arana Oct 19
These 10 cities are tailor-made for first-time homebuyers
By looking at factors such as payment-to-income ratios, a new report from SmartAsset finds that smaller cities within driving distance of a major urban center fare the best overall
Even amid pandemic, luxury sales soared 42% in Q3: Redfin
Luxury sales skyrocketed in 3Q20, even as the number of confirmed cases peaked at 75K on a single day in July and joblessness claims hovered around 1M a week in early August
Choice is good! Why new methods of selling homes are a win-win
Opinion
Although no app is going to replace agents, the concern of disruption in the industry is real. And nothing seems to stoke those fears more than non-traditional ways of buying and selling a home
by Jay Thompson Oct 15
Most Americans who believe their home is haunted don't care enough to move
A survey by realtor.com found that 56% of Americans who think their current home is inhabited by spirits have not thought about moving
by Lillian Dickerson Oct 14
10 questions that'll predict whether a new agent will make it
Real estate can be a highly rewarding business — provided you have certain behavior styles and personality traits. These questions are highly predictive of whether a newbie will do well in this industry
by Bernice Ross Oct 13
Beyond the headlines: Are mortgage rates hurting affordability?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner discusses the potential consequences of low mortgage rates and persistently low levels of inventory
by Matthew Gardner Oct 13
Pulse: Your top tips for breaking into luxury
This week, our readers share their most helpful advice on how agents can make it in the luxury sector and a few ways to build one of the most important aspects of the job — trust
by Inman Oct 13
Snapdocs closes on $60M to further defragment real estate closings
From notary marketplace to raising more than $85 million in under a year, the software company is putting its stamp on digital escrow
by Craig C. Rowe Oct 12
What does 'luxury' mean in the wake of COVID-19?
Opinion
In a post-pandemic world, features that were once taken for granted are now becoming precious to homebuyers. Now, the idea of luxury means something different, and it includes these new in-demand aspects
by Gerard Splendore Oct 12
How did Charlotte's most expensive home sell in only 4 days?
Listing agent Josh Tucker, of HM Properties' Lake Norman office, told Inman the quick sale had a lot to do with setting up the French-style chateau and drawing attention to it ahead of time
Median home prices see greatest annual growth since 2017
The US median home price stayed near its summer peak of $350,000 and hit record-high, year-over-year growth of 12.9%, according to realtor.com's weekly housing report
Digital marketer Ylopo and CRM Chime spark strategic partnership
Ylopo partners with CRM providers to help users nurture and convert campaign leads. The company's co-founder called Chime one of its many 'best-in-class' partners
by Craig C. Rowe Oct 7
Redfin: The coronavirus has a bigger impact on sales than the election
According to Redfin's latest survey, only 22 percent of buyers and sellers are adjusting their real estate plans due to the presidential election
by Marian McPherson Oct 6
Out-of-state buyers? 5 tips for helping them in a hot seller's market
Working with buyers from hundreds or thousands of miles away can be a hectic process. However, it all becomes easier (and less stressful) when you have a well-thought-out plan in place. Here are a few tips
by John Gluch Oct 6
Behold, the Texas home with America's largest closet
Formerly owned by socialite Teresa Roemer, the 17,000-square-foot home — along with its 3-story closet — has sold after 6 years on and off the market
Working with skittish sellers? 7 ways to ease their worries
In today's confusing world, agents need to do everything they can to ensure a smooth transaction. These tips can help your sellers feel heard, comforted and in control of the process
by Grattan Donahoe Oct 3
What is an 'Amazon room,' and why do luxury buyers want one?
With online orders increasing, many buildings are looking for ways to get more space for residents' packages
Propy gets cash infusion from 'legendary investor'
Venture capitalist Tim Draper, an early backer of Tesla and Skype, has invested an undisclosed amount in the blockchain transaction startup
Get a look inside LeBron James' new $37M mansion
In the thick of NBA playoffs, Los Angeles Lakers star LeBron James recently closed the deal on a $36.75M Beverly Hills mansion
RealScout's Buyer Graph comes to Washington DC
The tool will allow brokerages in the nation's capital, including Century 21 New Millennium and Keller Williams Metro Center, to share anonymized buyer data and habits
by Patrick Kearns Oct 1
Toronto's Properly to expand alternative brokerage model with $100M infusion
Seeking to provide Canadians with a new option for buying and selling, Properly has been funded by U.S. proptech players Silicon Valley Bank and I80 Group
by Craig C. Rowe Sep 30
These 5 marketing campaigns are tailored for today's market
With the last quarter approaching, agents should strive to finish 2020 strong and step into the next year on the right foot. In other words, now's a great time to implement these marketing campaigns and generate new income streams for your business
by Bernice Ross Sep 30
Closing Center 2.2 offers an enhanced, ramped-up preclosing experience
A recognized name in digital closing long before the pandemic, eOriginal's newest version ramps the critical preclose process with secure buyer-document review and execution
by Craig C. Rowe Sep 29
John Legend and Chrissy Teigen drop $17.5M on new home
One month after putting their Beverly Hills property on the market, John Legend and Chrissy Teigen have purchased a larger home for $17.5M
Bel Air megamansion returns to market with a mega price cut
Dubbed 'Unica' and evoking a resort within a home, the spec mansion returned to the market asking $78M after originally listing for $100M in May
Could empty hotels be converted into high-end housing? Some say yes
'There will be survivors and there will be casualties, and I think those casualties will be ripe for redevelopment,' says Boston-based developer Ted Tye
New home sales break 1M mark for first time since 2006
Low-interest rates and a lack of existing homes pushed new-homes sales to a new high, according to the US Census Bureau and Department of Housing and Urban Development
by Marian McPherson Sep 24
Homeownership affordability drops in two-thirds of U.S.
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
by Lillian Dickerson Sep 23
$35M penthouse is SoHo's most expensive sale ever
The three-floor penthouse of 421 Broome Street set a new record for the priciest home ever sold in this part of Manhattan
Condo lined with Budweiser cans comes with free beer for life
If the buyer of this Florida condo agrees to leave the interior untouched, Anheuser-Busch has promised that person free beer for life
Home prices soared to 30-year high between May and July: FHFA
Home prices rose 6.5% year over year in July and 1% month over month, according to data released Wednesday by the Federal Housing Finance Agency
by Patrick Kearns Sep 23
Overwhelmed with multiple offers? Here's how to handle them better
In our current market, listing agents are finding their clients being met with multiple offers on their home. To ensure both sides leave the transaction happy, here are a few tips for effectively handling multiple-buyer situations
by Clarence Webb Sep 20
Fires haven't extinguished buyer activity in the Bay Area
Compass' latest Bay Area market analysis shows strong buyer activity despite recent wildfires, with listings under contract declining only 3%
by Marian McPherson Sep 18
Redfin: Homes are selling like hot cakes in swing counties
According to Redfin's latest market analysis, the home sales pace is growing fastest in swing counties as urban homebuyers migrate to suburban locales
by Marian McPherson Sep 18
A Zillow TV spot, dissected
Zillow and independent marketing agency The Perception offer their thoughts on a new Zillow advertisement that acknowledges the changing face of 'home'
by Andrea V. Brambila Sep 18
Single-family home construction increased from last month
Although housings starts, permits and completions all declined from July, Thursday provided some good news for an inventory-starved industry in the single-family home sector
by Patrick Kearns Sep 17
Lennar predicts strong home sales 'for the foreseeable future'
The homebuilder also said its move-up program with Opendoor 'is becoming an industry standard'
by Andrea V. Brambila Sep 16
The pandemic impact: Buyers want more space, less density
Redfin's chief economist and AirDNA's CEO discuss the trends they're seeing in the housing market at Inman Connect Now
by Patrick Kearns Sep 15
Two years after divorce, Chris Pratt and Anna Faris sell LA home
Pratt and Faris accepted an offer of $4.75M for their 4,700-square-foot home in the Hollywood Hills West neighborhood of Los Angeles
7 buyer's agent behaviors that need to stop
Opinion
It’s an aggressive seller’s market out there. As a buyer’s agent, what are you doing to get your offer accepted? If it’s any of these behaviors, now’s the time to stop
by Michelle Shelton Sep 14
Down payment assistance programs remain strong during pandemic
According to Down Payment Resource's latest report, 81% of down payment assistance programs in Q3 still had funding for homebuyers
by Marian McPherson Sep 11
Willow Smith, 19, drops $3.1M on waterfront Malibu estate
The home is LEED-certified, energy-efficient and boasts ocean views from nearly every room
Sale of Doris Day's $7.4M home will go to her animal foundation
Surrounded with flowers and other greenery, the two-floor main home is painted yellow and sits on a knoll overlooking a local golf club
FHA homeowners have the most to lose during economic upheaval
Three chief economists share how FHA homeowners have been disproportionately impacted by 2020's coronavirus-induced unemployment boom and what it means for next year's market
by Marian McPherson Sep 4
I bought a home during a pandemic. Here's what I wish had been different
Opinion
I went in search of an agent the old-fashioned way, by asking for recommendations. Six agents ended up replying, and I sent them each 61 questions. Yes, 61.
Hamptons season extended into fall and winter, agents say
'We've done more business for October than at any other time in the past that I can remember,' local broker Angela Boyer-Stump told Inman
With app launch, MoveEasy becomes agents' branded platform
Continuing to grow throughout the pandemic, online moving concierge company offers fully white-labeled relocation platform for real estate industry
by Craig C. Rowe Sep 3
Is it time to liberate real estate?
Opinion
As the pandemic has made clear, companies who tailor toward the consumer succeed in both good and bad economic times. But buying and selling homes isn’t like other online shopping experiences. Why?
by Kris Lindahl Sep 3
55% of those who bought homes during the pandemic now regret it
A new survey commissioned by LendEDU found that low rates lured in new buyers, but now many are struggling to pay their mortgage
Justin Bieber buys Beverly Hills home for $25.8M at steep discount
Overlooking Beverly Hills in the Beverly Park neighborhood, the 2.5-acre home has gone on and off the market since 2018 and was originally listed for $42M
Majordomo releases app for pre-inspection home ratings
The 4-star rated inspection analysis tool now has an app for quickly rating the quality of a home before an official inspection
by Craig C. Rowe Sep 1
Corcoran follows the suburban boom into Westchester County
The New York City-founded brand is setting up shop in the suburbs north of the city — just as President Trump seeks to characterize it as 'ground zero' for crime and violence
by Patrick Kearns Sep 1
Preparing for an inspection? 10 things sellers need to do
There are many obstacles that can derail an inspection, especially in today's COVID-19 climate. As an agent, you should step in and offer sellers advice on what to do to make the process go a bit smoother
by Cara Ameer Sep 1
Losing bidding wars? 10 strategies for victory
With a red-hot seller's market, listings are now getting multiple offers — and agents have to be prepared for bidding wars. Here are a few tried-and-true strategies agents can use to beat out the competition
by Kseniya Korneva Aug 30
Gary Gold: 'If I was ever going to top what I've done already, this was it'
Gary Gold talks to Inman about his ambitious plan to sell 15 ultra-luxury homes as director of sales for the Malibu Series. 'When I saw this, I went, 'This is it."
The Real Word: When should buyers walk away?
Opinion
This week, Byron Lazine and Nicole White discuss when buyers should walk away from a property, buyer beliefs and Jerry Seinfeld's thoughts on New York City
by Byron Lazine Aug 28
What's the future of iBuyers in light of COVID-19?
Opinion
Although no one knows exactly what the future holds for real estate, things seem particularly uncertain for iBuyers. Here's a look at the advantages and disadvantages these companies are facing as they navigate the current housing market
by Luke Babich Aug 28
Openhouse Live makes Matterport tours a group event
Opinion
The trend of multiple viewers partaking in virtual and 3D home tours and open houses continues with this U.K.-based Matterport embed
by Craig C. Rowe Aug 28
One foot forward: Reebok founder sells Boston-area home for $23M
The 27,000-square-foot estate, which Paul Fireman originally put on the market in 2016 for $90M, was cut in price several times and last listed with an asking price of $33M
Most buyers would blow their budget for the perfect home
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
by Lillian Dickerson Aug 27
7 tips for protecting your commission when staging
Staging adds value to the sale — but it should not break your bank. As an agent, use these seven tips to protect your income when incorporating home staging into your listing process
by Jennie Norris Aug 27
Eli Manning lists 'Giant' New Jersey estate for $5.25M
Hallee Dangler of Prominent Properties Sotheby's International Realty is the listing agent
Coldwell Banker CEO: Consumers have 'freedom' in housing market
The freedom to expand search areas is giving buyers a variety of options — even in a tight inventory market, Coldwell Banker CEO Ryan Gorman said on CNBC
by Patrick Kearns Aug 26
Aspen's most expensive home of the year sells for $31.85M
Local agent Carrie Wells facilitated the sale of the property, a 10,014-square-foot spec mansion designed by Ro Rockett Design
Cindy Crawford lists Beverly Hills home for $16M
Kurt Rappaport of Westside Estate Agency is the listing agent representing the property
6 tips for crafting stronger buyer offers
Opinion
If you’re having to compete in a multiple-offer situation on every offer, you have to find a way to give your buyers as much of an edge as possible
by Alex Neir Aug 25
It became more difficult to buy a house in these cities in June
First American's 'real house price index' surged in certain cities as the median income plummeted while home prices rose
by Patrick Kearns Aug 24
10 outrageous buyer beliefs agents should debunk ASAP
Opinion
When buyers first walk through the door, they're bringing with them a lot of false truths. It's your job to open their eyes
by Nicole Solari Aug 23
6 reasons your client should walk away from buying a house
As a buyer's agent, it's your responsibility to represent your client's best interests. If one of these scenarios presents itself, you should advise your client to rethink the sale
by Vance Kellogg Aug 23
Existing home sales skyrocket amid pandemic, inventory down
July also marked the first time ever that the median home price across the entire U.S. rose above $300,000, according to NAR's data
by Jim Dalrymple II Aug 21
It's a seller's market all right, and home value growth is accelerating
During July, the typical home value was up 4.5% year over year to $253,527, the fastest value rate increase since May 2019
by Lillian Dickerson Aug 21
How COVID-19 has altered LA's luxury market — maybe for good
David Parnes, the star of 'Million Dollar Listing' Los Angeles, talks to Inman about the luxury landscape and how the pandemic has changed the market
Elementary schoolhouse-turned-real-house on sale for $2.375M
Both the owner and the agent who sold the property were one-time students
'Million Dollar Beach House' goes inside the world of Hamptons luxury
The new Netflix series 'Million Dollar Beach House' premieres August 26 and provides a deep dive into five Nest Seekers agents and brokers working in the Hamptons
'Seasonality is out the window': The late summer housing market is hot, hot, hot
But Redfin warns that lack of economic stimulus plan from Congress could lead to a housing downturn
by Andrea V. Brambila Aug 19
Frank Lloyd Wright's historic spiral house sells for $7.25M
The iconic architect built the house in 1952 for his son and daughter-in-law, but didn't complete some finishing touches before he died. The buyer plans to restore it according to Wright's original designs
Luxury market shows signs of recovery as home prices rise
A new Redfin report found that the median price of a luxury home in the US is $825,000, a 1.2 percent rise from the same period last year
Housing starts soar 22.6% in July
'Strong builder confidence and heavy buyer traffic point to further production gains in the near term,' said Chuck Fowke, chairman of the National Association of Home Builders
HomeLight meets 'end-to-end' goal with acquisition of Disclosures.io
HomeLight announced on Tuesday the acquisition of listing management platform Disclosures.io and its rebrand to HomeLight Listing Management
by Marian McPherson Aug 18
Agent/broker perspective: Should listings highlight new or traditional preferences?
Opinion
The pandemic fast-tracked a number of paradigm shifts that were already reshaping our living habits. So, should agents try to appeal to these new buyer desires or stick with traditional, tried-and-true features?
by Anthony Askowitz Aug 18
Let it go! 8 seller beliefs that no longer hold true today
Opinion
When it comes to real estate, people still hold on to a host of tired, old-school beliefs that are hard to shake off. But to ensure a successful sale, agents need to educate their sellers on how the process actually works today. Here's how
by Cara Ameer Aug 18
Rural home prices jump 11% in July: Redfin
Suburban and urban areas also saw home price growth during this period, although not to the extent of rural areas, according to a Redfin report
by Lillian Dickerson Aug 17
Remote or not, these 10 mistakes are costing you the listing
For many agents and teams, the opportunity cost of lost business might actually be costing them far more than a new shiny marketing approach. Here's what you might be doing wrong — and how to fix it
by Kathleen Black Aug 15
'Everything is cash': Prince Harry and Meghan take Santa Barbara
Competition is fierce in the affluent California enclave that Oprah, Ellen DeGeneres and Katy Perry call home. 'If you have a turnkey home and it's vacant and has a pool, you're likely to see an all-cash deal and a 14-day close,' Sotheby's Realtor Dusty Baker told Inman
'The teamwork is hard to detect': An outsider's take on teams
Although some agents sing the praises of being in a team environment, Teresa Boardman isn't impressed. Here's why she would rather work with an experienced solo agent versus a team
by Teresa Boardman Aug 13
ActivePipe rolls out custom content campaigns
The Australian email marketing company's newest offering lets agents send emails according to categorized personas for more accurate targeting
by Craig C. Rowe Aug 12
Startup AerialSphere takes 360-degree 3D IDX search to 26 new markets
After a successful beta test in December, Pheonix-based startup AerialSphere is expanding its 360-degree, 3D map coverage to 26 new markets nationwide
by Marian McPherson Aug 11
Biotech CEO buys $57M Vail mansion, smashes sales record
The sale is nearly double the most expensive sale in Vail, Colorado
Does the housing ladder still work?
Opinion
The idea is that most people begin their homeownership journey with a starter home and make their way up to more expensive housing. But is that theory still valid — especially now during a pandemic?
by Steve Cook Aug 11
Planitar partners with Floorplanner and adds powerful multiparty home tours
The Canadian real estate software company's new partnership with Floorplanner and its fast, browser-based virtual showing feature adds significant horsepower to its proptech stable
by Craig C. Rowe Aug 10
Get real! 3 tips for helping buyers stop chasing shiny objects
Because they're often distracted by shiny objects, homebuyers might be missing out on opportunities to purchase with little or no competition. Here are a few things agents can do to help clients adapt their behaviors and increase their chances of success
by Carl Medford Aug 10
Why you should treat your relationship with clients like a partnership
Opinion
Here's why working together, side by side, as partners is the best way to build rapport, establish mutual trust and create loyalty between real estate agents and their clients
by John Giffen Aug 9
July unemployment report shows a long road to recovery
Despite improvements in unemployment and payroll, the July unemployment report shows the US is still far from its pre-pandemic economic strength
by Marian McPherson Aug 7
This whimsical 'Hobbit' home hit the market 3 weeks ago. In a hot market, it's already in contract
'I didn't know if this was going to be the hardest sale of my life or if this was going to be so unique that it goes viral,' agent Nick Fallico told Inman. 'Luckily it was the second.'
A $100M condo? In Los Angeles? Amid a pandemic?
If sold, the 20,000-square-foot penthouse atop The Residences Tower in West Hollywood would nearly triple the largest condo deal ever transacted in Los Angeles County
Doors open, doors close: 6 strategies that generate (and kill) business
What habits or practices make you more successful — or diminish your chances of getting to the closing table — in today’s market?
by Troy Palmquist Aug 6
Where are the best and worst COVID-19 rebounds?
A recent Clever Real Estate report looked at the national trends that were spurred this year by COVID-19. Here are a few of them — plus the top five metros with the biggest increases as well as drops in buyer demand
by Luke Babich Aug 6
The typical 2020 home seeker? A millennial woman who wants more space
A new report from Point2 found that searches for houses have exploded post-lockdown and that women are doing most of the house-hunting
Aiming for 21 markets by '21, Knock now swapping homes in Denver
After rebranding its Home trade-in model, Knock is now helping sellers swap homes in Denver. Its goal is to reach 11 markets before the end of 2020
by Craig C. Rowe Aug 5
Quarter of homebuyers are moving — and moving sooner than expected
Twenty-five percent of homebuyers reported the pandemic has caused them to move — or speed up their moving timeline, according to a survey conducted by Redfin
Why now is the time to hold a seller seminar — and how to do it
Buyer seminars have worked for years. But what about seller seminars? Zoom provides a great way to do seller seminars today, especially in light of COVID-19 restrictions. Here's how to get started
by Bernice Ross Aug 5
Which Canadian markets are the hottest right now?
'Even in this time of strangeness that we're going through, we're feeling pretty confident across Canada,' Sandra Kirkland, a broker form Ontario, said at Inman Connect Now
How are agents in the Southeast thriving? By mixing the old and new
During Inman Connect Now's Southeast Regional Breakout, agents shared how they're using the digital and analog worlds to thrive through the pandemic
by Marian McPherson Aug 4
Social media influencer drops $24.5M on flashy Miami mansion
Douglas Elliman agents Eloy Carmenate and Mick Duchon represented both the sellers and the buyer
Late July home sales prices reach record heights: Redfin
The median home sale price soared 11% year over year during the week ending July 26, bringing that figure up to a record-high of $315K, according to a market report by Redfin
Home prices continued upward trend in June: CoreLogic
Historically low mortgage rates continue to draw in first-time buyers even amid the difficulties wrought by the pandemic
8 truths about buying new construction in 2020
Understanding how to deal with builders in the current climate can set the tone for what to expect, should your clients decide to buy new construction
by Cara Ameer Aug 4
Fair housing laws: How you can prevent discriminatory practices
The current national conversation on racial equality calls into question institutionalized housing discrimination and the possibilities for the road ahead
Sight-unseen buying is not the future of luxury, according to this top agent
Inman spoke with agent Branden Williams of Hilton & Hyland about the luxury real estate trends that will outlast the pandemic
The Real Word: What is the future of urban living?
Opinion
More this week: what to expect when scooping up low-priced fixers and how listing descriptions are now highlighting Zoom rooms
by Byron Lazine Jul 31
Losing leads? Can't afford to? Try ConnectNow
Opinion
Apps that focus on only one aspect of the sales funnel are rare. ConnectNow is a value-add web and mobile app for capturing leads quickly and connecting to any CRM or source you use
by Craig C. Rowe Jul 31
TopHap empowers real estate data like no other
Opinion
Set to go live in California next week, the data analytics platform has shifted from a data geek's new toy to a powerful, market-data-know-it-all, now runway-ready and gorgeous
by Craig C. Rowe Jul 30
National median listing price reaches new high amid pandemic
The national median listing price reached $349K in July — the highest price hike since November 2018, according to realtor.com's latest market report, released Thursday
by Marian McPherson Jul 30
Zillow partners with nation's largest homebuilder
The partnership allows consumers working with D.R. Horton the freedom of a flexible closing date and cash credits at close for eligible deals
by Patrick Kearns Jul 30
Coronavirus has made real estate tech mainstream — but more innovation is needed 
Opinion
Although the bulk of the real estate transaction used to occur offline, this year, things have changed. Innovation is now a priority, and consumers are widely adopting digital solutions — but are the efforts enough?
by Tom Willerer Jul 30
Search With Style helps agents market architectural styles
Founded in part by agents at Compass Nook Real Estate Group and a proptech entrepreneur, the new portal lets buyers find specific architectural styles and agents offer sellers a new marketing resource
by Craig C. Rowe Jul 29
As bidding wars spike, 20% of winning offers waive inspection contingency
Low mortgage rates, a severe inventory shortage and pandemic-related uncertainty are pushing buyers to take risks in a hot market
by Andrea V. Brambila Jul 28
Here's where wealthy millennials are moving
Washington, Colorado and Texas are the top states attracting wealthy millennials, according to a new SmartAsset study
Home price gains hold steady in May
Home prices rose 4.5% in May, down slightly from a month ago, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index
by Patrick Kearns Jul 28
9 realities your clients will face when buying as-is properties
Opinion
A ‘Money Pit’ is funny when it stars Tom Hanks and Shelly Long, but when it’s your clients, make sure your buyers aren’t actors in a real-time remake — and you’ll be a big star
by Nicole Solari Jul 26
Summer’s hottest amenity? A private pool to wait out the pandemic
Once considered a nice-to-have, private pools are becoming essential for homeowners as the pandemic rages on
'We don't need another $30M home': Mauricio Umansky on the LA luxury market
The founder of The Agency discusses what types of high-end homes are selling now
Endpoint offers the industry a great start to mobile e-closings
Opinion
The result of a chinwag between First American and Boston Consulting Group's Digital Ventures, the app keeps every party in check with the closing process in a hybrid tech-team solution. It offers terrific promise for the future of e-closings
by Craig C. Rowe Jul 24
Amid acquisition dustup, CoreLogic releases visual marketing services portal HomeVisit
Tested by the Rhode Island Association of Realtors & State-Wide MLS, the new portal will allow agents to streamline ordering of multiple marketing services
by Craig C. Rowe Jul 23
As New Yorkers flee city, Hamptons median home price soars past $1M
The median sales price of a home in the Hamptons rose a whopping 27.1% to $1.08M in the second quarter, according to a new Douglas Elliman Report released Thursday
NY congressman announces first-time buyer coronavirus relief plan
Rep. Sean Mahoney's (NY-18) First Time Homebuyer Pandemic Savings Act would allow buyers to use retirement savings to fund their down payment penalty-free
by Marian McPherson Jul 22
Median existing-home prices rise for 100th-consecutive month
Meanwhile, existing-home sales in June rebounded 20.7% month over month, according to market report released Wednesday by the National Association of Realtors
by Marian McPherson Jul 22
FaceTime showings and drive-thru closings: How 1 team handles crisis
Elite Nebraska Real Estate owner Troy Benes has been leading a 30-agent team amid the virus and an unexpected rise in clients that came as his area began opening up
Agent/broker perspective: Can an agent be held liable for COVID-19 contractions?
Opinion
In the midst of this year's health crisis, what should a broker say to an agent who's worried about the ramifications of a client contracting COVID-19 as a result of home showing?
by Anthony Askowitz Jul 21
Doing home showings? Here's how to do it safely and effectively
These tips might not be new information, but in today's sensitive and stressful time, agents should do everything they can to ensure a productive and enjoyable showing experience
by Cara Ameer Jul 21
Making sense of the headlines: What consumer confidence looks like today
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner dives into Fannie Mae’s National Housing Survey and what consumer confidence looks like right now
by Matthew Gardner Jul 21
6 sales tips for agents who hate sales
As a new agent, you might be hating the sales process, worried to come across as pushy. But it doesn’t have to be scary or unethical. Instead, sales can be an enjoyable process for both you and your clients. Here's how
by Ricardo Mello Jul 20
Hawaiian agents bank on wave of post-pandemic luxury buyers
The island state has been facing unique challenges during the coronavirus outbreak
Florida title search company enters remote closing field with ProperSign
PropLogix of Sarasota reacted to COVID-19-era requirements by developing its own solution to socially distant deal-making
by Craig C. Rowe Jul 16
'Versailles of Manhattan' price is cut in half after 17 years on, off market
The owner of the Upper East Side home, famed commercial broker Ken Laub, first put the property on the market in 2003, then raised the price to $35M in 2007
This is the 'sweet spot' for when to buy a home
Is there a sweet spot for homebuyers when it comes to matching ample inventory with a reasonable sales price? According to a new analysis by NerdWallet, the answer is yes
by Lillian Dickerson Jul 15
5 facts that will change your perspective on investing in empty land
Land investing can be a great opportunity for someone willing to look beyond the dirt and see the potential. You will be surprised at how profitable it can be
by Erika Benson Jul 15
'There goes the neighborhood': The history of race and homeownership
Homeownership is often the single largest factor in wealth-building that creates a generational legacy. But for Black Americans, there have always been more than legal hurdles at stake for land and learning
by Lee Davenport Jul 15
Say hello to BoxBrownie's 3D tours of virtual homes
The image marketing technology company from Down Under has combined interior rendering with the market's desire for 3D tours
by Craig C. Rowe Jul 13
Who said what? 5 communication obstacles that can derail a transaction
From misinformation to misunderstanding, so many communication errors can occur during a real estate transaction. That's why agents need to better understand how they happen and how to prevent them
by Cara Ameer Jul 13
Uncle-nephew team on what luxury buyers want amid pandemic in New York
'The profile of the buyer right now is somebody who's upgrading,' says Darren Sukenik of the Sukenik Glazer Team in Manhattan
Should real estate agents disclose if their clients have COVID-19?
The National Association of Realtors and brokers advise agents to have conversations with clients but to refrain from disclosing medical information without prior approval
by Patrick Kearns Jul 9
More than 1 in 5 Americans moved or know someone who moved during the pandemic
New data from the Pew Research Center shows that the pandemic is driving a huge amount of migration
by Jim Dalrymple II Jul 8
Compass Lens to help agents envision, value major renovations
The tech-leaning brokerage announced today the launch of a computer vision-based tool that searches and categorizes room renovations to help agents price homes
by Craig C. Rowe Jul 8
Making sense of the headlines: What’s holding millennials back from homeownership?
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner looks at the factors that influence millennials' ability and will to buy a home
by Matthew Gardner Jul 7
Black, Hispanic homeowners slapped with higher property taxes: study
Based on panel and taxing entity data, researchers found Black and Hispanic homeowners pay up to 13% more in property taxes, according to a joint study by Indiana University and the University of California-Berkeley
by Marian McPherson Jul 6
Want more leads? Widen your reach by establishing a geo-farm
By determining and dominating a geo-farm, agents can become the go-to resource in that area. Although, yes, it's a method that takes time and commitment, the long-lasting results are worth it. Here are a few factors to think about
by Brandon Doyle Jul 6
6 tips for increasing your listing's sales value today
The current situation has real estate agents scrambling for the best home improvements that can help increase the value of their properties. So, how can they do that? And how can they market properties in a post-COVID-19 world? Here are six tips
by Jona Jone Jul 6
Homeownership is the greatest kind of freedom — and it should be for all
Opinion
With the overwhelming effects of the pandemic and the racial injustices people are facing and fighting every single day, one common need is emphasized now more than ever: the American dream
by Troy Palmquist Jul 4
The Real Word: Should we end open houses?
Opinion
More this week: A few ways agents can practice safety at open houses and the Houston Association of Realtors' decision to change the term 'master' bedroom
by Byron Lazine Jul 3
Stop the name-calling! Let's fix the broken system
Opinion
Agents need to find the discrimination and exclusive institutions in the industry and start dismantling them one at a time. It's time to rebuild them to be inclusive and anti-racist. If not now — when?
by Teresa Boardman Jul 3
David Terbeek knows when to tell a client it's not the right time to buy
'The relationship and long-term benefit of working with the client is much more important than that one single sale,' the RE/MAX Haven Realty founder told Inman
Mortgage rates hit all-time low heading into July 4th weekend
The average 30-year mortgage hit a new all-time low of 3.07% this week, according to data from Freddie Mac released Thursday
by Patrick Kearns Jul 2
The closing process is painful! Someone disrupt it already
Opinion
If electronic signatures can cement a purchase agreement, why can’t they be utilized for all the other closing documents? Doing that would, if nothing else, save the trees — and our sanity
by Jay Thompson Jul 1
Realogy unveils first-ever benefits program for AARP members
The benefits program will allow AARP members to receive $300 to $5,500 when buying or selling a home with one of Realogy's residential real estate brands
by Lillian Dickerson Jun 30
Home price gains are holding steady: Case-Shiller
Home prices were up 4.7% year over year in April, according to the S&P CoreLogic Case-Shiller US National Home Price NSA Index, released Tuesday
by Patrick Kearns Jun 30
What agents need to know about mortgages during (and after) COVID-19
As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have even more responsibility to educate clients on what's happening in today's market
by Salomon Chong Jun 30
Pending-home sales climbed record-setting 44% from April to May
It was the biggest monthly gain in pending home sales since NAR began recording the forward-looking indicator in 2001
by Patrick Kearns Jun 29
Bad connection? A luxury home's slow internet can kill a sale
While high-speed internet was once one buyer perk among many, it has become an indispensable part of a home — one that can make or break a sale
Summer outlook: Pandemic impacts may linger, but agents expect to close deals
More than a dozen agents who spoke with Inman said that inventory shortages and masks will probably be around for some time. But they're also seeing an active market in which offers are pouring in
by Jim Dalrymple II Jun 26
Home tours rebound 21 percent in May: ShowingTime
According to ShowingTime's latest report, virtual showing technology and loosened shelter-in-place restrictions boosted May homebuyer traffic by 21 percent
by Marian McPherson Jun 25
How is COVID-19 affecting new construction?
To understand the state of the housing market, economists often turn to stats on new residential construction for indicators on where the market may be headed. Here's what the data says
by Lindsey Hood Jun 24
How the pandemic is impacting Americans' decision to move
According to a recent Apartment List survey, 30 percent of Americans are canceling their moving plans because of coronavirus-induced financial strain
by Marian McPherson Jun 23
CFPB to adopt price-based approach for qualified mortgage standards
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access
by Marian McPherson Jun 23
Millennials are confused about real estate
Although millennials will likely make up the largest percentage of homebuyers this year, the generation appears to be woefully under-informed about the real estate industry, according to a recent survey by flat-fee brokerage Homie
by Lillian Dickerson Jun 23
Zillow now displays local LGBT legal protections on all home listings
On Monday, Zillow launched 'LGBT Local Legal Protections,' a data-powered resource on all Zillow listings that shows whether for-sale and rental listings are located in communities that explicitly protect individuals who identify as lesbian, gay, bisexual or transgender
by Lillian Dickerson Jun 23
6 ways to set buyer and seller expectations for today's housing realities
Although it's hard to know how long this pandemic will last, one thing seems certain — the drive to find the ideal home remains a priority. That's why it's important to let buyers and sellers know what to expect. Here's how
by Cara Ameer Jun 23
Summer outlook: A slowing recovery may wait in the wings
While housing has thus far seen a strong recovery, experts say prices may actually fall later this year. Factors such as unemployment and foreclosures could also weigh down the market
by Jim Dalrymple II Jun 23
Sotheby’s International Realty launches 4 new website features
Sotheby's new mobile site includes Instagram-style listing pages, agent profiles with direct texting capabilities, 15 translations and 60 currency conversions for global consumers
by Marian McPherson Jun 19
Digs app unearths the saving secrets to homebuying
Opinion
With its own FDIC-insured savings account and a sharp, well-executed experience, Digs is part fintech, part proptech, and it's designed to help agents help clients buy their first home
by Craig C. Rowe Jun 19
Why isn't luxury real estate more inclusive?
Black people often get left out of high-end real estate for a host of interconnected reasons: income disparities, home value disparities and outright discrimination
Who says you can't go home again? 2.7M adults have moved back home since March
Among 18- to 25-year-olds, a 12% decline in individuals living on their own translates into a $726M slash in rent revenue, according to Zillow. That's 1.4% of the US rental market
by Lillian Dickerson Jun 19
NAR releases 5-point plan to bolster homeownership amid pandemic
The National Association of Realtors' plan calls for expanding down payment assistance programs, improving FHA loans and alternative credit scoring models
by Marian McPherson Jun 18
Can a Donald Trump campaign sign scare away homebuyers?
With elections less than 5 months away, campaign signs are studding lawns. With political divisions growing, some agents say the charged climate could have an impact on sales
by Lillian Dickerson Jun 18
Suburban housing market to experience post-lockdown boom
Buyers are eyeing suburban ZIP codes as coronavirus lockdowns lift across the country, according to a realtor.com report released Wednesday
by Marian McPherson Jun 17
7 emerging real estate trends in the new normal
As an agent, you currently have a unique opportunity to reinvent yourself and create the business you want in the 'new normal.' Use these seven trends and action steps to guide your decision-making
by Bernice Ross Jun 17
Ariana Grande buys $13.7M mansion above LA's Sunset Strip
The purchase comes not long after the pop star revealed that she was dating a real estate agent
Online searches for single-family homes hits 4-year high: Redfin
In May, 36% of saved searches created by Redfin.com users were filtered exclusively for single-family homes, up from 33% in February and the highest level its reached in 4 years
by Lillian Dickerson Jun 16
Supreme Court ruling on LGBTQ protections could set precedent for housing
The Fair Housing Act currently doesn't list gender identity and sexual orientation as protected classes
by Patrick Kearns Jun 15
Today's homebuyers are twice as anxious as buyers from 5 years ago
Homebuyer sentiment has changed significantly over the past few months, from largely positive feelings before the start of 2020 to mostly negative ones in the ensuing months
by Lillian Dickerson Jun 15
What you should know about fair housing
Agents have to work to protect people from discriminatory practices and educate other professionals on the laws we have in place. So, here's what you need to know about discrimination in the industry — plus the fair housing laws that prohibit it
by John Giffen Jun 14
PlanetRE's consumer app is more MLS than search friendly
Opinion
Partnering with MLSListings, Inc. of Northern California, the software company's consumer search app misses the mark on several fronts but mainly in its core purpose: consumer home search
by Craig C. Rowe Jun 12
The Real Word: What changes can be implemented in the industry?
Opinion
More this week: a discussion on the future of office space and some insight into why your marketing should look different right now
by Byron Lazine Jun 12
Green is the new black: 3 green living misconceptions debunked
Opinion
As we move to a healthier and more conscious way of life, our homes will, too. Here's how making eco-conscious choices will come into play for consumers in a post-COVID-19 world — plus, a few myths debunked
The line between iBuyer and brokerage is blurring
Opinion
Opendoor and Offerpad will now list homes directly. Ultimately, this new service, still in the early stages and not fully rolled out, represents a way for iBuyers to make money without having to actually buy houses
by Mike DelPrete Jun 11
Entertainment mogul David Geffen buys LA luxury estate for $68M
The home, which Geffen bought from Los Angeles Olympic Organizing Committee President Casey Wasserman, has a long Hollywood history
Helping buyers? Learn about down payment assistance
Lack of a down payment is the main obstacle stopping first-time buyers from purchasing a home. As an agent, here's how you can put down payment assistance programs to work in your business — and help buyers fulfill their dream of becoming homeowners
by Bernice Ross Jun 10
How my agent has been invaluable during this pandemic
Opinion
Don’t underestimate how difficult this time can be for your buyer or seller. Know your market, understand its nuances and be able to explain your contracts and addenda in plain English
by Jay Thompson Jun 10
Congress highlights alleged HUD discrimination against DACA recipients
45 Congressional Democrats have asked HUD Inspector General Oliver Davis to investigate allegations that HUD denied DACA recipients' FHA home loans
by Marian McPherson Jun 9
More than half of homebuyers likely to buy a home within next year
53% of homebuyers say they now plan to buy a home within the next year as a result of factors surrounding the pandemic, according to online lending marketplace LendingTree
A superior virtual tour will answer these 10 questions
Answering these questions live will give your prospective buyers the best virtual tour experience
by Nicole Solari Jun 8
Homesnap's Mazur: It's time for agents to go all in
In multiple talk tracks at Tech Connect, leaders in sales, fintech and proptech all agreed on one thing: The COVID-19 pandemic has totally changed how people market, sell and buy real estate
by Craig C. Rowe Jun 4
How the coronavirus pandemic is changing home financing
Vishal Garg and Adena Hefets discussed how the pandemic is impacting financing for homebuyers during a panel titled 'Advances in Ways to Buy a Home' at Inman Connect Now
Manhattan real estate sales fall 84%
Only 160 contracts were signed in the New York borough in May — an 84% drop compared to 992 last year, according to a new UrbanDigs study
These are the 2 things luxury buyers want right now
At Inman Connect Now, top luxury agents discussed how the pandemic has changed the wish lists and priorities of luxury buyers
'We're watching recovery happen as we speak': Economists
The long-term prognosis is more optimistic than many think, economists from Zillow and Windermere said during a panel at Inman Connect Now on Wednesday
9 ways to turn a 'no' into a 'yes'
Opinion
Real estate is a problem-solving business. As an agent, being able to turn a 'no' into a 'yes' is a crucial skill to have under your belt. Here are 9 ways to do it
by Bernice Ross Jun 3
41% of homebuyers would go over budget by $25K for the perfect home
Although 80% of homebuyers consider price to be the most important consideration of a purchase, 41% were willing to go above budget by an average of $25K for the perfect home
5 challenges sellers are facing and how to overcome them
Although it may be difficult to find a buyer with an ideal situation these days, there are a few things you can do to cut through the uncertainty and make the homeselling process as productive and seamless as possible
by Cara Ameer Jun 1
Why I recommend Credit Karma to my clients
Opinion
By understanding what Credit Karma does and how it works, you'll put yourself in a better position as an agent to help potential buyers improve their credit score
by Bill Gassett May 29
Elegran's Alfred is light, smart proptech for NYC agents
Opinion
The small New York City brokerage has always been tech-focused, but growth and the need for more business efficiencies led to the development of Alfred, an in-house lead and marketing solution
by Craig C. Rowe May 29
Even as virus spread in March, home prices grew modestly
Home prices rose 4.4% in March, up from 4.2% during the previous month, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday
10 tips for buyers putting in offers sight unseen amid coronavirus
Buying a property without seeing it in person is hardly ideal. But, in the new world created by COVID-19, virtual touring is becoming increasingly common
by Nicole Solari May 26
How Ivis Suarez saved a deal and a family's dream of going back home
Florida-based Century 21 agent Ivis Suarez shares how she persevered through the toughest transaction of her career to help a family get back to Puerto Rico
by Marian McPherson May 25
They hate their homes, and they want out — NOW!
Real estate agents say quarantine has convinced homeowners that they need more rooms, a backyard and plenty of kitchen space — and they want it all now
by Lillian Dickerson May 22
Read all of Inman's state-by-state market snapshots here
The pandemic's market impacts have varied across the country. Inman has put together data on those impacts, and talked to dozens of agents on the front lines
by Jim Dalrymple II May 20
Read all of Inman's coronavirus coverage here
Inman has published more than 785 stories on the coronavirus. Here's our comprehensive list of coverage
by Jim Dalrymple II May 20
Louisiana market snapshot: Consumers coming 'out of their shells' as market rebounds
The coronavirus pandemic hit Louisiana hard, and the real estate industry there suffered. But agents say their business is now on the road to recovery
by Jim Dalrymple II May 19
Making sense of the headlines: How will COVID-19 impact real estate long term?
Opinion
From owner-occupied to high-rises to rentals of all kinds, Windermere Chief Economist Matthew Gardner gives his take on probable outcomes for residential asset classes
by Matthew Gardner May 19
Builder confidence rises slightly amid historic lows: NAHB
The National Association of Home Builders' Housing Market Index rose from 30 to 37
5 critical steps to maximize your listing's sales potential
Opinion
This year brought significant changes in the way homes are bought and sold. To accommodate this new reality, sellers need to be prepared — and agents need to provide the necessary coaching. Here are five important steps
by Carl Medford May 18
How to get your house-hunting clients to sign a buyer-broker agreement
A signed buyer representation agreement solidifies the partnership between you and your client, while protecting them during the buying process
by John Giffen May 17
April's hottest markets were in cities you might not expect
Although Colorado Springs ranked as the hottest market for the third consecutive month, Fort Wayne, Indiana, and Topeka, Kansas, also rose the ranks to make the top 5 hottest markets
by Lillian Dickerson May 15
Builders predict renewed focus on sustainable living after pandemic
Fifty expert builders told remodeling platform Fixr they expect homeowners to focus on healthier living after the pandemic, starting with their homes
by Marian McPherson May 15
New York market snapshot: Agents are busy, but inventory is scarce
Agents in New York state can't do in-person showings or open houses. But they told Inman that at least some price points are still seeing a lot of action
by Jim Dalrymple II May 15
7 things your first-time buyer should know about getting a loan right now
Ohio-based loan officer Breon Price shares what your first-time buyers can do to increase their chance of approval despite tighter lending standards amid the coronavirus pandemic
by Marian McPherson May 14
Finger Lakes agents prepare as New York begins partial reopening
Although the effects remain to be seen, agents in Rochester and surrounding areas are uncertain whether or not Friday's partial reopening of the economy will have a palpable impact on buyer or seller confidence
by Lillian Dickerson May 13
Home sales to pick up by late summer before falling again
Realtor.com predicts a summer rebound, but notes that sales could drop by 15 percent by the end of the year