Birmingham Real Estate News & Market Trends

You’ll find our Birmingham blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Sept. 17, 2018

Death of The Real Estate Agent

Home Buying Goes Algorithmic.  Wall Street Journal article writes the obituary of real estate agents.  Are you going to be replaced by artificial intelligence or are you going to stand up and say "this is what I can do for you that an algorithm can't do for you."  This is either the start of a new beginning or the end of your career.

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Posted in Real Estate Advice
Sept. 16, 2018

2018 Real Estate Market Slowdown or Crash?

What's driving the current real estate market and where is it headed? Is this a temporary slowdown or the start of another real estate market crash?  Look at the history and how we got here and the answer is clear. What do we need to do next?  These are all questions answered by The Birmingham Real Estate Authority.. Kerry Grinkmeyer.  Hire a Salesman to sell your home not a listing agent.

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https://youtu.be/9hrhSNJFIyY

Posted in Real Estate Advice
Sept. 13, 2018

The Next Real Estate Bubble

When can you expect the next real estate bubble.  Past bubbles were caused by bad banking practices,  bank failures, which resulted in the stock market crash.  Let's look at the clues that will signal the next housing crises, the Dow, National debt, Case Shiller Index.

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Posted in Real Estate Advice
Sept. 7, 2018

Shout Out to Jeff Bezos, Gary Keller, Spencer Rascoff and Jason Hoback Real Estate 2020

The Real Estate industry is going to go through a revolution as Smart Homes become the home of choice. Demographic change, technology, predictive analytics, and artificial intelligence will change how homes are bought and sold as well as how homes and lives are managed.  Best of US Homes is showing the way. 

https://youtu.be/J04RqJ3PBmU

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Posted in Real Estate News
Aug. 28, 2018

How to Use Facebook Advertising to Promote Your Real Estate Business

Facebook Custom Audience Advertising is the only way to effectively use Facebook to promote your real estate business or any-other small business. Place a Facebook Pixel on your website to build your custom audience. Then promote your brand and your Unique Value Proposition.

 

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Posted in Real Estate Advice
Aug. 16, 2018

"I have a Dream" Real Estate 2020

The real estate industry will change by 2020 to better serve buyers, sellers, renters and agents. Artificial Intelligence, technology, and the Internet will bring Zillow, Keller Williams and Best of US Homes together to form the super broker that will revolutionize the real estate industry and change how homes are sold.

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Posted in Real Estate News
Aug. 13, 2018

Tomorrow's Real Estate Industry

If a real estate agent says, “we’ll buy your house for cash.  You move out and we’ll update, the house will be empty, so we’ll get the job done in half the time.  We employ these tradesman 365 days a year, so we’ll get the work done for half what you’d pay.  That’s why we can pay you as much as we can.  If you want to list it with our agent for 60 days and see what you can get, our offer is good for 60 days.”

Would you take such a deal, that's what I think you'll be offered in the future.

Watch this Video and tell if you'd sign-up

Posted in Real Estate Advice
Aug. 11, 2018

Would you become a Zillow Real Estate Agent

 

Zillow purchased Mortgage Lenders of America and has started Zillow Offerings in Phoenix and Las Vegas with plans to immediately expand into Denver and Atlanta.  This will put them in a position to gather both Buyer and Seller leads for distribution to, I suspect, their Premier Agents. 

Their CEO Spencer Rascoff, says he wants to make the purchase and sale of a home a one click experience and that will be possible with Zillow's Real Estate Package.

My question to you is, if Zillow comes to your community and offer you the same pay-out that you currently have with your broker would you become a Zillow real estate agent?

Consider that 75% of the real estate in the US is owned by Baby Boomers who don't have their homes market ready and could not do the updates and instead get a check from Zillow.  Add to that that in 2023 the Baby Boomer Die-Off will begin and kids, many out of state, will inherited those homes, will they except a check from Zillow and move on with their lives wit cash instead of a empty house out of state?

This looks like a Car-Max business plan to me and it's working great in the used car market.

Please SHARE this with every real estate agent you know, we need to have a voice in this.

Please leave your comments below.

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Posted in Real Estate Advice
Aug. 7, 2018

How New Agents Can Become A Top Listing Agent

 

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Posted in Real Estate Advice
July 31, 2018

State of The Birmingham Real Estate Market

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Posted in Real Estate Advice