Real-estate agents are about to get slammed, big-time
measures how consumers are feeling about home prices, mortgage rates, their job security, and, most importantly, whether they think it's a good time to buy or sell a house. The index, which ranges from 0 to 100, came in at a middling 61.3 in March, near the all-time low set in October and down from a COVID-era peak of more than 80 in summer 2021.
This has left real-estate agents fighting over a dwindling pool of listings. In fact, there were more than twice as many Realtors in March as active homes listed on the market — a total of roughly 1.5 million agents compared with just 563,000 houses. "In a sense, Realtors like to see fewer Realtors due to the large amount of industry competition," he told me.
No two real-estate markets are the same. But when prices were rising across the board during the height of the pandemic, it began to feel that way. As the market normalizes, it's becoming increasingly difficult to paint the national housing market in broad strokes — prices are now falling in some areas while continuing to rise in others — and these diverging trends are helping some Realtors in steadier markets find their footing.
"What makes a successful agent is somebody who knows how to market themselves and get referrals," Moriarty said."What makes a good real-estate agent and what makes a successful real-estate agent have almost no crossover."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Target workers reveal downsides of perks, including wage and benefitsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Kylie Jenner and Timothée Chalamet Apparently Have 'Really Good Chemistry'An insider reveals that 'she likes what she sees' so far.
Leer más »
Millennium's tech hiring program, LEaD, for young engineers in MiamiInside Millennium Management's new engineering-recruitment program in Miami, from what applicants can do to stand out to why the city is becoming a key tech hub for the $58 billion hedge fund
Leer más »
Change.org CTO on using AI and other tech strategies to grow a companyAfter spending over 15 years in the fast-paced startup economy, Zhou shared insights into how companies can incentivize organizational growth while working on consumer-facing products with purpose. Presented by sapbtp.
Leer más »
The real reason bosses hate work from home, love employees in the officeEver since COVID began to recede, America's CEOs have been waging a determined campaign to haul their employees back into the office. Bosses think working from home is for sissies — they see the home as the woman's domain, AkiIto7 writes. 👇 longreads
Leer más »
Deepmind's CEO says AI could become self-aware one dayInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »