In 2006, before the recession, the Charlotte Regional Realtor Association had 8,152 members. Today, its membership is thinner by about 1,407, a decline that, no doubt, is a byproduct of the market’s downturn. It’s not as much of an exodus as CRRA President Laurie Knudsen said she was expecting. “We don’t necessarily depend on membership [...]
Since the Carolinas Multiple Listing Service changed its method of describing square footage, Re/Max Metro Realty broker-in-charge Eric Strom says it hasn’t created the headaches some agents predicted. Beginning in 2008, CMLS’ system has reported the square footage of homes for sale in a range. That means that a prospective homebuyer doesn’t know from a [...]
In an effort to keep potential buyers from tuning out, some Charlotte-area real estate agents are encouraging them to log on — to custom street-address-based websites for individual listings. The basic marketing plan goes like this: Reserve a .com or .info domain name for a website devoted to one property using the home’s address, such [...]
Even though sign riders with customized websites for listings are growing in popularity with Charlotte real estate agents, they might be giving way to another trend. On “for sale” signs, some Charlotte-area agents are using Quick Recognition, or QR, codes, a black-and-white collection of dots and squares that can be photographed with a smart phone [...]
These days, trying to sell a home in Charlotte can be daunting. Owners face competition from a glut of properties sitting in a slow-moving housing market, not to mention low-priced foreclosure and short sale properties. All that can add up to homes sitting on the market for months or even more than a year. Some [...]
This month, the Charlotte Regional Realtor Association rolled out a new report designed to give more insight into the volume of foreclosures and short sales taking place in the Charlotte area. The report, free to CRRA members and the public, focuses on so-called lender-mediated real estate activity. But while the report helps to shed some [...]
With the Great Recession still packing a punch, the sweet spot for Charlotte’s residential real estate market continues to be homes priced at $120,000 or less. But real estate agents say a growing number of people with deeper pockets are starting to buy homes in the half-million-dollar range. Both sectors offer a glimmer of hope [...]