-
A new collaboration with Pinnacle Realty Advisors
Dear Realthy Community Members We recently announced that Realthy has been acquired by Pinnacle Realty Advisors. This has been under...
-
The best CRM tools for real estate professionals
- Tools
Most real estate service providers today rely on customer relationship management (CRM) software to streamline their day-to-day activities and boost productivity by eliminating time-consuming bottlenecks. In this article we’ve compiled a list for you of the best CRM tools out there in terms of functionality, price, and suitability for specific businesses.
-
People are increasingly choosing rent over home ownership – how can realtors adapt?
- Tips & Tricks
- 3 min read
As incomes stagnate and people struggle to remain employed in the face of a global pandemic, homeownership in the US is unlikely to start rallying anytime soon. Case in point, compared to early 2021, mortgage rates are up by 55%, and the median existing-home price hovers 15% above its former level ($357,300 vs. $310,600). To make matters worse, over 90% of home builders now report delays and materials shortages due to the ongoing supply chain pandemonium. In addition, brokers at Redfin predict a historic decline in the number of available homes for sale in 2022.
-
How can real estate professionals mitigate rising mortgage rates?
- Tips & Tricks
- 5 min read
Real estate professionals are usually among the first to experience changes in the broader economy. This can be explained, at least partially, by homebuyers factoring in a diverse set of variables before committing to a purchase – from the breadwinners’ career prospects to market forecasts. Given the centrality of mortgage rates to this equation, the recent 55% hike in average monthly payments (as compared to early 2021) will have many potential homeowners asking, “Is this the right time to buy?”. Needless to say, this will also affect the bottom line of realtors, real estate agents, and brokers across the US.
