According to ATTOM’s Q3 2024 U.S. Home Flipping Report, a total of 74,618 single-family homes and condominiums were flipped across the United States. These transactions accounted for 7.2% of all home sales nationwide, equivalent to one in every 14 sales, during the months of July through September. WATCH: ATTOM #FiguresFriday – Top 10 Counties with Highest Home Flipping Profit ATTOM’s latest home flipping analysis revealed that the share of flipped properties dropped to 7.2% in the third quarter of 2024, down from 7.6% in the previous quarter. This decline aligns with a typical trend during the Spring and Summer homebuying seasons, when other types of sales typically increase. The flipping rate returned to the same 7.2% level observed in the third quarter of 2023. The report stated the nationwide, home flipping in the third quarter of 2024 yielded an average return on investment of 28.7% before expenses. This marks a …

[PART 2] In today’s market, real estate professionals need to be just that — professional. That means more than giving the tour, explaining the steps involved in buying and selling a home and giving clients a to-do list to meet deadlines. Agents increasingly will be required to demonstrate their value by helping clients make sound decisions during what is often the biggest financial decision of their lives. To do that, you need to know the property, the neighborhood and local market, backed by the most current and reliable real estate data. Brokers need to become market insiders.  If you aren’t, clients will know. Providing reliable data on your city, its neighborhoods and the property is crucial in building trust. Establishing Trust with Data-Driven Insight To do so, the broker needs access to comprehensive and reliable property data to paint a nuanced picture about the home and neighborhood and compare that …

Did you know that 70% of high-stakes deals fail due to poor negotiation skills? Mastering the art of negotiation is crucial for maximizing returns in these critical situations. Effective negotiation can turn a mediocre deal into a game-changer. Understanding key strategies and tactics can empower you to secure better terms

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