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RE/MAX executives are confident that their experienced agents have what it takes to help the firm navigate the market shift.

Today’s RealTrending podcast features Robert Kennedy III, leadership expert and founder of Kennetik Kommunications to share his tips for coming up with the dialogue to tell your story in a meaningful way and how to boost your listing presentation in this insightful podcast.

The Fed has made several comments regarding the recent rate increase that may provide insight on the current and future market. Let’s take a look at what’s to come.

The number of first-time buyers decreased from 34% in 2021 to 26% this year. The typical first-time buyer was 36 years old this year which is up from 33 years old last year. Of these buyers, 18% were unmarried couples and 5% were other kinds of household compositions. These are record highs for both groups. 

As the housing market cooled in Q3, iBuyers Opendoor and Offerpad lost big while working to sell inventory bought at the peak of the market.

The real estate market is always full of uncertainty, but lately, there have been more significant concerns. Here’s what you can do to keep a positive mentality.

Casting a wide net in real estate can be a smart strategy. However, in a tight housing market, going broad means stiff competition with everyone vying for the same customers. Niche markets, on the other hand, may not be as competitive, especially if you’re targeting a niche in your specific region. 

The Real Brokerage, a cloud-based publicly traded real estate brokerage, acquired Redline Real Estate Group and expanded further into Canada.

United Real Estate | North Jersey partnered with New York-based brokerage Hudson Valley Edge to expand its footprint into the Hudson Valley.

Opendoor Exclusives is now available to both buyers and sellers, as home sellers can request and offer from both consumers and the iBuyer.