If you are involved in the residential real estate industry, you have likely experienced the seasonal boom that often accompanies the summer season. Even in a typically warm state such as Texas, the summer months are traditionally some of the busiest of the year for real estate agents, brokers and title insurance companies.
However, if you hope to take full advantage of this annual surge in transactions, it’s good to start preparing your team. Join us as we examine five tips for getting your business ready for summer.
What to Expect in Summer 2022
During Q4 of 2021, HomeLight surveyed over 1,000 of the nation’s highest-performing real estate agents. This survey revealed valuable insights that your real estate team can use to prepare for summer 2022.
Of the agents surveyed by HomeLight, three-quarters believe that inventory shortages will continue well into 2022. Another 36% of those surveyed expect additional Gen Z buyers to start to enter the market.
Perhaps most importantly, 83% of participants believe that 2022 will remain a seller’s market. If these predictions prove true, then a high supply of buyers will continue competing for a limited number of homes this summer.
If your team hopes to effectively serve your clients