Real estate trends

Real estate trendtrend
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change.wikipedia
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Real estate

real-estateluxury real estateland
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change.
See List of house types for a complete listing of housing types and layouts, real estate trends for shifts in the market, and house or home for more general information.

Real estate broker

real estate agentrealtorreal estate agents
At one time, all real estate brokers and agents, or Realtors, practiced "single agency", meaning they represented only the buyer or the seller.
These services are also changing as a variety of real estate trends transform the industry.

National Association of Realtors

RealtorsNational Association of Real Estate BoardsNAR
At one time, all real estate brokers and agents, or Realtors, practiced "single agency", meaning they represented only the buyer or the seller. "An overwhelming majority (87%) of recent home buyers in the US say they used the internet as an information resource during their home-buying process, and nearly one-third say they first learned about their newly purchased home from an online channel, according to a study by the National Association of Realtors (NAR). Majority of real estate companies use popular internet marketing methods like SEO, advertising and social media.
) Meanwhile, various real estate trends such as expanded consumer access and the Internet are consolidating existing local MLS organizations into larger and more statewide or regional MLS systems, such as in California and Virginia/Maryland/Washington DC's Metropolitan Regional Information Systems.

Flat-fee MLS

Flat fee MLSflat-feeflat fee
Another trend is the emergence of alternatives to the commission model, including flat-fee, hourly home selling, and for sale by owner tools.
For changes in the industry also read real estate trends.

Multiple listing service

MLSMultiple Listingmultiple listing system
Among other findings, they report that certain new sales models can reduce consumer home sales costs "by thousands of dollars. For example, in states that allow open competition, some buyer's brokers rebate up to two-thirds of their commission to the customer, and some seller's brokers offer limited-service packages that let sellers list their homes on the local Multiple Listing Service (MLS) for as little as a few hundred dollars."

Mortgage loan

mortgagemortgagesmortgage loans
This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.

MSN

MSN.comMSN MoviesMSN Entertainment
MSN reports that home prices have dropped by a record amount and illustrates with a chart of historical real estate prices.

Buyer brokerage

Buyer's agentbuyer's brokerbuyer agency
In the 1990s, the concept of buyer agency became popular, allowing a buyer to retain an agent who would represent the best interests of the buyer alone.

Government Accountability Office

General Accounting OfficeGAOU.S. Government Accountability Office
Historical rates are presented in a report by the Government Accountability Office, Congress's investigative arm.

Internet

onlinethe Internetweb
The Internet has become a major lead generation method for real estate marketing, eclipsing local newspapers and all other sources as the consumer's most preferred method to learn about homes for sale.

Lead generation

sales leadonline lead generationlead
The Internet has become a major lead generation method for real estate marketing, eclipsing local newspapers and all other sources as the consumer's most preferred method to learn about homes for sale.

Search engine optimization

SEOsearch engine optimisationkeywords
"An overwhelming majority (87%) of recent home buyers in the US say they used the internet as an information resource during their home-buying process, and nearly one-third say they first learned about their newly purchased home from an online channel, according to a study by the National Association of Realtors (NAR). Majority of real estate companies use popular internet marketing methods like SEO, advertising and social media.

Craigslist

craigslist.orgadult services section of CraigslistCraig's List
Websites like Craigslist (United States), Daft.ie (Republic of Ireland) and Gumtree (UK) became in the 21st century the main sources for both buyers and sellers.

United States

AmericanU.S.USA
Websites like Craigslist (United States), Daft.ie (Republic of Ireland) and Gumtree (UK) became in the 21st century the main sources for both buyers and sellers.

Republic of Ireland

IrelandIrishRepublic
Websites like Craigslist (United States), Daft.ie (Republic of Ireland) and Gumtree (UK) became in the 21st century the main sources for both buyers and sellers.

Gumtree

Gumtree Australiagumgumtree.com
Websites like Craigslist (United States), Daft.ie (Republic of Ireland) and Gumtree (UK) became in the 21st century the main sources for both buyers and sellers.

United Kingdom

BritishUKBritain
Websites like Craigslist (United States), Daft.ie (Republic of Ireland) and Gumtree (UK) became in the 21st century the main sources for both buyers and sellers.

Mobile app

appmobile applicationapps
Mobile applications are also changing the way real estate agents conduct business.

Zillow

Zillow GroupZillow.comDotloop
Apps like Zillow, Trulia, Zumper and Rentberry are primarily accessed via mobile devices and have become very popular sources for listing properties for sale or rent.

Trulia

Apps like Zillow, Trulia, Zumper and Rentberry are primarily accessed via mobile devices and have become very popular sources for listing properties for sale or rent.

United States Department of Justice Antitrust Division

Antitrust DivisionU.S. Department of Justice's Antitrust DivisionU.S. Department of Justice Antitrust Division
The United States Department of Justice Antitrust Division announced the launch of a new website in October 2007 to "educate consumers and policymakers about the potential benefits that competition can bring to consumers of real estate brokerage services and the barriers that inhibit that competition."