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!

Dec. 17, 2018

Is Zillow Going to Buy Keller Williams?

Zillow is moving to take control of the real estate industry through their dominance of their online portal technology and their 12 yeas of open access to MLS data.  They're now in the Mortgage Business, and are introducing Zillow Instant Offers which will put them in control of listings. They're going to need boots on the ground, agents and infrastructure.  Could that be Keller Williams with 120,000 agents or someone else.  The $Billion Question.


Watch This Video and tell me what you think.

Posted in Real Estate News
Dec. 11, 2018

How to get Rich Selling Real Estate

To get rich you need to change how things are  done.  99% of real estate agents offer the same service as every other real estate agent.  Amazon changed how you buy products, Uber changed how you move from place to place, Netflix changed how you watch TV.  They didn't invent anything, they changed how a product or service is delivered.  Learn how to change how real estate is sold and get RICH.


Watch Video

Posted in Real Estate Advice
Dec. 6, 2018

Puzzled Letter

 

Oliver, I read about your distinguished career in the navy and being honored with “The Energy Statesman” award, your marriage to Sally, her passing in 2014, then finding love again with a high school classmate.  Having graduated from high school in 1962 I was able to identify with your life adventure.  I lost my daughter in 2014 and became angry then found guidance to a second career in real estate, I to love again. 

I see that you are having difficulty selling your home in Highland Lakes.  You can blame that on the Baby Boomer generation; all reaching retirement age at the same time and moving to the beach, you’re part of the problem.  The reason it hasn’t sold is that the right person hasn’t come through your front door, the right person isn’t aware of your home, the right agent isn’t aware of your home.

I don’t know if I could have sold your home over the past 197 days, but I do know that I could have made the community and the right agents aware of your home.  I know this because I’m doing it with my other listings.  Have they sold?  No, not all of them, but with video, direct mail, email, Facebook advertising, LinkedIn advertising and conventional media I’ve made the community aware of my listings.

As an example, I have a listing at 3556 Spring Valley Court in Mountain Brook, the video that I produced to promote this home has been viewed over 2,100 times in the last 60 days. I know that most of the viewers can’t afford a $2.0 million home but there is an awareness that is a must to bring that right person through the front door.

We are in The Baby Boomer Sell-Off and we’re approaching The Baby Boomer Die-Off, this is what’s making the sale of your home challenging.  I’ve chosen to take on the challenge by bringing my clients the latest in social media marketing techniques which will in time, put me in the position of controlling the market that I choose to serve.

Give me a call if:

You’d like an agent that will do more than put a sign in your front yard and create an MLS listing.

You’d like an agent that will market your home using the latest technology, conventional media and social media.

You’d like an agent that will be present for all showings of your home to sell your home to potential buyers.

Oliver, you’re going to pay someone $60,000 or more to sell your home, what are you going to get for your $60,000?  You don’t need another listing agent, you need a marketing company and a salesman. Call me if you’d like to sell your home.

 

Kerry Grinkmeyer

205 919 6006

 

Posted in Real Estate Advice
Dec. 4, 2018

UAB's 2019 Quaterback??

What would it mean for UAB Football is Jalen Hurst became their 2019 quarterback?

What would it mean for Jalen Hurst if he became UAB's 2019 quarterback?

Watch this Video

You decide, would this be a Win-Win

Posted in Real Estate News
Dec. 4, 2018

State of Real Estate Market December 2018

Is the market shifting from a Sellers Market to a Buyers Market?  Let's go to the numbers.

 

Watch December 2018 Video

Posted in Real Estate Advice
Nov. 15, 2018

Las Vegas MLS to drop Zillow

“The Greater Las Vegas Association of REALTORS® (GLVAR) and its MLS knows that protection of MLS data is a priority for its members. While it has always been the individual brokerage’s decision as to syndicate its listing data and to which third party portals, GLVAR and the MLS played a role in facilitating syndication with a series of agreements with several third-party portals. After careful consideration and discussion, GLVAR and its MLS have decided to end that facilitation to all such portals. These agreements will end at the conclusion of each contractual term, with Zillow ending in January 2019 and ListHub in June 2019.

The idea behind this decision was that individual brokers here in Southern Nevada will now be able to decide where they send their individual listing data, and to what websites. Each individual brokerage will be free to negotiate agreements with the various third-party portals on their own or choose not to syndicate at all.”


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Posted in Real Estate News
Nov. 15, 2018

Zillow Stock Down 55%

Zillow stock drops another 20%, has Zillow lost their way or are they about to show the real estate industry a new way?  Are we looking at another Amazon.com in the making?  Is Spencer Rascoff going to bring us the three click home buying experience he promised?

Posted in Real Estate News
Nov. 1, 2018

State of Real Estate Market November 2018

Number of sales are down, dollar volume of sales is up, average price of sale is up, median home price in Birmingham is up and inventory is down.  Sears Roebuck filed for bankruptcy, student loan defaults passed 40%, corporate debt, consumer debt and national debt have hit new highs.

All these factors are and will continue to affect the real estate market.  If you're thinking of selling or buying in the next five years you must watch this video. …….

Learn More Watch Video

Posted in Market Updates
Oct. 9, 2018

Buyer Looking for Luxury Homes

If I could bring you a cash buyer for your home that could close in 30 days would you be interested?  Your home must be valued at over $1 Million, you must have at least 75% equity, you must be paying federal income taxes.

Watch this Video to Learn More

Posted in Market Updates
Oct. 3, 2018

State of the Real Estate Market September 2018

We're entering a market slowdown caused by higher interest rates and low inventory in the lower 2/3 of the market.  The higher end is still being effected by the Baby Boomer Sell-Off and the lingering effects of the Subprime Crisis.  We're entering a Buyer's Market.

Watch Video

 

Posted in Real Estate Advice