Search Results for: price

How To Ask for a Price Reduction: Scripts & Tips for Real Estate Agents

How To Ask for a Price Reduction: Scripts & Tips for Real Estate Agents

The Market Has Shifted - But Have Your Sellers’ Mindsets on Their Asking Price Shifted? At no time in history have we seen such a quick rise in the percentage of housing inventory and such a sharp decline in home sales. While inventories typically rise in the summer, what we are witnessing today is a shift from pre-covid boom to post-covid bust. The statistics cannot be denied: In the month…

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AI-Powered Recommendations: A New Personalized Real Estate Marketing List Designed Uniquely for You

AI-Powered Recommendations: A New Personalized Real Estate Marketing List Designed Uniquely for You

Recommendations combines your preferences and successes with artificial intelligence, predictive analytics and machine learning. We’ve all heard the buzz about artificial intelligence (AI) and machine-displayed intelligence that simulates human behavior – but the apps that seem to be getting the most attention are focused on lifestyle assistance (customer support and chatbots, for example) and not business growth. Despite the recent hype, it’s important to keep in mind that AI is…

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Five Top Producers Discuss Their Biggest Challenges and 2024 Real Estate Goals With Mike Ferry

Five Top Producers Discuss Their Biggest Challenges and 2024 Real Estate Goals With Mike Ferry

At the January 2024 Production Retreat in San Diego, Mike Ferry spoke with five of his top coaching clients, Natasha Johns, Dan Mumm, Sam Williams, Justin Torres and Dimitrios Kalogeropoulos. The discussion was insightful and enlightening. Here are a few highlights if you missed it. Natasha Johns, Carpenter Realtors, Bedford, IN Natasha has been selling real estate for 19 years and averages 160+ units a year. Natasha has been an…

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Martin Zamora Talks About the Challenges He Faces in Today’s Real Estate Market & How He Overcomes These Obstacles

Martin Zamora Talks About the Challenges He Faces in Today’s Real Estate Market & How He Overcomes These Obstacles

Martin Zamora, a top-producing agent in the Moreno Valley-Rancho Belago-greater Los Angeles area, talks about how he has overcome the current market challenges, particularly by increasing his neighborhood prospecting using the likely-to-list analytics and expired listings.  Martin discusses the challenges of mortgage rates, how he addresses the lack of inventory, and how he handles sellers seeking to over-price properties. Martin emphasizes his prequalification process and how he handles the…

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Low Housing Inventory + Pent Up Demand = Opportunity. IF You Know What to Look For

Low Housing Inventory + Pent Up Demand = Opportunity. IF You Know What to Look For

On the surface, the housing market may seem bleak. Realtor.com reports 754,846 single family and condo/townhomes had active listings as of 11/2023 Forbes reports the average 30-year fixed mortgage rate is approximately 7% Redfin reports median home prices are north of 400K Realtor.com reports median days on the market is 52 The rate for pending sales that fall out of contract is about 16% Of the homes listed for sale,…

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