Mobile Alabama Real Estate Blog

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Mobile Alabama Real Estate - Sales By Area Report - October 27 2009

Congratulations to Doug Martin for obtaining his CSSP Designation.

New Listings
202146 - 10425 TWO MILE CT, IRVINGTON, AL - $90,000 - Lee Martin
201950 - ALBERT CARL RD, THEODORE, AL - $8,600 - Brandi Cook
201951 - ALBERT CARL RD, THEODORE, AL - $7,700 - Brandi Cook
201952 - ALBERT CARL RD, THEODORE, AL - $10,000 - Brandi Cook
202036 - LANCASTER RD, #2, THEODORE, AL - $55,000 - Julie Martin

http://mobmls.net/MobileReports/ListitLib/show_report.aspx?ID=INJ3792780

More New Listings - Katie Baluyut
201670 - BEN HAMILTON RD, #1, THEODORE, AL - $119,000
201682 - BEN HAMILTON RD, #4, THEODORE, AL - $119,000
201686 - BEN HAMILTON RD, #8, THEODORE, AL - $119,000
201685 - BEN HAMILTON RD, #7, THEODORE, AL - $119,000
201684 - BEN HAMILTON RD, #6, THEODORE, AL - $119,000
201680 - BEN HAMILTON RD, #2, THEODORE, AL - $119,000
201681 - BEN HAMILTON RD, #3, THEODORE, AL - $119,000
201683 - BEN HAMILTON RD, #5, THEODORE, AL - $119,000
201688 - BEN HAMILTON RD, #10, THEODORE, AL - $160,000
201689 - BEN HAMILTON RD, #11, THEODORE, AL - $216,000
201687 - BEN HAMILTON RD, #9, THEODORE, AL - $317,000
194602 - BEN HAMILTON RD, THEODORE, AL - $1,413,400


http://mobmls.net/MobileReports/ListitLib/show_report.aspx?ID=INJ3792791

Accepted Offers
7300 Broadview Drive E. - Becca Fields -Julie Martin
3145 Wellborne Drive - Julie Martin - Becca Fields
Bryant - Joe Winans
6421 Live Oak Circle - Brandi Cook

Closed
24888 Wolf Bay - $90,000 - Lee Martin
770 Copperfield Drive E - $117,500 - Sarah Pugh

We will have a Short Sale Training class this Friday, October 30 from 8:30-12:00. The cost is $55. In order for you to list any short sale properties in the future you will need to take this class. It is a very informative class and should help you be very successful when listing short sale properties.

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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Mobile Alabama Real Estate - Sales Meeting October 27, 2009 - Part 2

We missed a sales meeting (due to my jury duty) so I have a lot to go over this week. I am starting with Part 2 so I don't forget this stuff. BTW Jury duty is as good for business as leaving town!

15 websites, besides the MLS where you can advertise your open house effectively and for FREE!

1.  Trulia.com

2.  Zillow.com

3.  Zipvo.com

4.  Realbird.com

5.  Iwantanoffer.com

6.  Craigslist.com

7.  Kijiji.com

8.  Backpage.com

9.  Findmyroof.com

10.  Seealllistings.com

11.  Facebook (on your business page)

12. PortCityRealty.com

13.  Listingvue.com

14.  Houselist.com

15.  Onlyopenhouses.com

 

I added this to our website:

Quote from the Wall Street Journal:
"There's a good reason homeownership has been such a central part of the American dream. It delivers security, pride of ownership, a sense of community and decent investment returns as a bonus...

For every hardship story, and no doubt there are many, others are realizing their dreams of home ownership and getting what may well turn out to be the deals of their lives."

From Steve Harney:
Many sellers want to know how long they would need to wait to again see the prices of 2005-2006. According to Moody's & Fiserv Alabama is on the listed to return to 2005-2006 prices before 2014. That of course, doesn't mean if a seller waits until next year they will get 2005-2006 prices. It may be a few years, but it will probably be sooner in Alabama than most states.

For more information go to  Steve Harney' KCM Quick Report

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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Mobile AL Downtown News & Happenings

Though the temperatures might argue otherwise, the holiday season is quickly approaching, and it's time to begin planning for decorations and activities to draw folks downtown. In recent years Downtown Mobile has been woefully unadorned for the holidays, but an energetic group of Royal Street businesses have decided to make downtown THE place to visit to see fun and fancy decorations. See the story below for details on how you can participate.Mobile AL Downtown

In the meantime, enjoy the fabulous fall temperatures... take a walk at lunch to see the new plantings...come down for the countless events... contribute to the great street scene the defines downtown!

 

For obvious reasons we love announcing new businesses that have located or moved downtown, but we especially love it when the business is an entirely new enterprise. That's the case with Boom Buggy, a pedicab operation that will carry passengers through the streets of Downtown Mobile during the day and night. The buggies will begin operation in about two weeks and will not charge a fee...instead, the passenger  will tip the driver (or pedaller as the case may be). June Reddix-Stennis bought two of the cabs from a manufacturer in England and plans to begin operation the first week of November.

In other development news:

  • If you grew up along the Alabama Gulf Coast you probably visited the Gulf Gate Lodge at the beach a time or two. You'll soon have a chance to relive those moments in an entirely different setting...Downtown Mobile! The son of the original proprietors will be bring the Gulf Coast seafood classics to 161 Dauphin Street as soon as renovations are complete.
  • BP has moved its offices from mid-town Mobile in the Bel Air Mall area to the  RSA tower. The 20 employees are occupying offices on the 20th floor of the tower. 
  • The Birmingham law office of Maynard Cooper & Gayle has opened an office in downtown. Headed up by local attorney Jay Watkins, the Port City office is located at 3 South Royal Street, above Serda's Coffee
  • Fine Dining and Catering just opened its doors at the corner of Jackson and St. Francis streets last week. The establishment is currently open for lunch Monday - Friday and dinner on Friday & Saturday evenings. The menu, which changes daily, features a soul food centered menu.
     


    In other news:

    • Haven't decided on a Halloween costume yet? If you have a yellow hard hat, a red checkered shirt, overalls and a tool belt, you could be Bob the Builder...and you could get into the Gulf Coast Exploreum for all the permanent exhibits as well as the Bob the Builder exhibit free on October 31st. The costume promotion is open to all ages.
    • The Mediterranean Sandwich Co. at 274 Dauphin Street is now open and offers a great $5 lunch during the week and late night on the weekends.


    Some Upcoming Live Entertainment:

    • Alabama Music Box:
      • Tornado River - Thursday, October 22
      • Entropy, SubjectMatters, Super Nice Bros. - Friday, October 23
      • TKO Indie Dance Party: Necrovita, Zombie Photography show by: Brett Moroun - Saturday, October 24
      • Or The Whale, Muskrat Hannah, Heath & Melody of El Cantador - Monday, October 26
      • Rise Up Howling Warewold, Heat Lightning Record Release Show - Thursday, October 30
      • Halloween Party music by DJ Charles III - Saturday, October 31
      • DooDoo Fest Night 1: An Albatross, Dark Meat, Cockfight - Tuesday, November 3
      • DooDoo Fest Night 2: Thomas Function, Yussuf Jerusalem, CCUSA & the HHR, Wizzard Sleeve - Wednesday, November 4
      • DooDoo Fest Night 3: Pinehill Haints, The Coathangers, The Underground Railroad to Candyland - Thursday, November 5
      • SoAl Film Fest After Party with Mob Towne Revival, Blueyes Soul - Friday, November 6
      • Today the Moon Tomorrow the Sun, Shotgun Lover - Saturday, November 7
      • Lucero "Ramblin' Roadsho and Memphis Revue" all ages - Tuesday, November 10
      • Tea Lights - Wednesday, November 11
      • Pygmy Shrews - Thursday, November 12
      • Bamboo Shoots, Too Far From Amsterdam, Kadesh & the Perfect Strangers - Friday, November 13
      • Captured! By Robots, Kid Midi - Saturday, November 14
      • Awesome New Republic, Bryan Scary and the Shredding Tears, Rosewood Thieves - Monday, November 16

     

    • The Battle House Hotel:
      • John Anthony (in the Tavern)- Every Monday through Saturday
      • Loose Cannons (Joe Cain Cafe) - Every Wednesday
      • Bay City Brass (Joe Cain Cafe) - Every Sunday

     

    • The Blind Mule:
      • Muskrat Hannah, Sugarcane Jane - Friday, October 23
      • The Curtis Jaywalkers - Saturday, October 24
      • You & What Army? Improv Comedy - Friday, October 30
      • The Sunshine Factory, TBA - Saturday, October 31
      • Free Show: A Bridge To Burn, Delirium Trigger - Friday, November 6
      • Phil Lee - Saturday, November 7
      • Come Up For Air - Friday, November 13
      • Muskrat Hannah, Whiskey Comatose, Renee Arozqueta, Spide, Octopus - Saturday, November 14

     

    • Grand Central:
      •  
      • Last Episode - Friday, October 23 and Saturday, October 24
      • Top of the Orange - Friday, October 30 and Saturday, October 31
      • Silver Tongue Devil - Friday, November 6 and Saturday, November 7
      • The Ugli Stick - Friday, November 13 and Saturday, November 14

     

    • Serda's:
      • Seeking Sui - Friday, October 23
      • Jon Cowart Music - Saturday, October 24
      • Lil Greenwood - Friday, October 30
      • Bruce Innes - Saturday, October 31
      • Elements of a Difference - Friday, November 6
      • Gentry Dodd - Saturday, November 7
      • The Curtis Jaywalkers - Friday, November 13
      • Scott Chism & the Better Half - Saturday, November 14

     

    • Soul Kitchen:
      • Once: Pearl Jam & Nirvana Tribute Bands - Friday, October 23
      • The Uglistick - Saturday, October 24
      • Galactic with Molotov Circus Side Show - Saturday, October 31
      • Jessie James and Push Play - Wednesday, November 4
      • Tim Reynolds and TR3 - Thursday, November 5
      • BoomBox - Friday, November 6
      • The Velcro Pygmies - Saturday, November 7
      • Perpetual Groove - Friday, November 13

     

    • Veets:
      • Jodyoke - Every Tuesday
    Doug Previto & the Family Jewels - Every Wednesday through Sunday

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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Mobile Alabama Real Estate - Sales Meeting October 13, 2009

New Listings:

201334 - 3145 W WELLBORNE DR, MOBILE, AL - $129,500 - Julie Martin
201263 - 9743 DEERFIELD DR, IRVINGTON, AL - $199,900 - Becca Fields
201380 - 236 MYRTLEWOOD DR, BUTLER, AL - $50,000 - Joe Winans
201197 - 5624 ELDER FERRY RD, MOSS POINT, MS - $3,493,500 - Joe Winans/John Morgan

http://mobmls.net/MobileReports/ListitLib/show_report.aspx?ID=INJ3760724

Accepted Offers:
8622 McBride Ct - Brandi Cook 
6809 Hillvale Ct - Brandi Cook

Mobile Alabama Foreclosures Statistics

Mobile Alabama HUD Statistics

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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Mobile AL HUD Foreclosure Sold Statistics

The below chart shows recent sold properties in the City of Mobile, for the past six months of HUD properties that sold during the first two weeks, with the percentages of List/Sold and List/Net. 

Purchase Price Net Price List Price % List/Sold %List/Net
$90,101 $82,893 $100,000 90.10% 82.89%
$38,000 $34,960 48,000 79.17% 72.83%
$72,000 $66,240 $72,000 100.00% 92.00%
$73,000 $67,160 $76,000 96.05% 88.37%
$35,127 $32,327 $45,000 78.06% 71.84%
$85,000 $78,250 $95,000 89.47% 82.37%
$150,100 $138,092 $159,000 94.40% 86.85%
$89,000 $82,750 $108,900 81.73% 75.99%
$32,000 $29,440 $31,000 103.23% 94.97%
$35,000 $33,250 $40,000 87.50% 83.13%
$53,000 $48,760 $53,000 100.00% 92.00%
$106,000 $97,520 $106,000 100.00% 92.00%
$91,000 $84,950 $108,000 84.26% 78.66%
$83,000 $77,350 $90,000 92.22% 85.94%
$21,000 $19,950 $23,000 91.30% 86.74%
$130,000 $119,600 $145,000 89.66% 82.48%
$90,000 $85,000 $100,000 90.00% 85.00%

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information  

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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Foreclosure Statistics - Mobile, Alabama Real Estate

Active Foreclosures as of October 13, 2009

of the 3586 Active Single Family Listings in Mobile County - 141 are Foreclosures 

89 are listed under $99,999
40 are listed between $100-000-$199,999
12 are $200,000+

The most expensive foreclosure is on Dauphin Island at $349,900

Foreclosures Under Contract as of October 13, 2009

Of the 500 Single Family Listings Under Contract in Mobile County - 67 are Foreclosures

43 are listed under $99,999
17 are listed between $100,000-$199,999
7 are $200,000+

The most expensive foreclosure under contract is in Springhill at $1,475,000

Sold Foreclosures 3rd Quarter 2009 in Mobile County

Of the 861 Sold Properties in Mobile County 3rd Quarter 2009 - 155 were Foreclosures

108 were sold under $99,999
34 were sold between $100,000-$199,999
13 were sold $200,000+

The most expensive foreclsoure sold was in Springhill at $800,000

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information  

 

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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Mobile Alabama Real Estate - Sales Meeting October 6, 2009

September 2009 - Top Producer - Lee Martin (over $750,000)

Top Listing Agent - Brandi Cook

New Listings:
201187 - 182 S CARLEN ST, MOBILE, AL - $185,500 - Lee Martin
201156 - CYPRESS CREEK DR, #39, MOBILE, AL - $49,900 - Julie Martin
201162 - CYPRESS CREEK DR, #40, MOBILE, AL - $49,900 - Julie Martin
201158 - CYPRESS CREEK DR, #20, MOBILE, AL - $145,000 - Julie Martin
201160 - CYPRESS CREEK DR, #25, MOBILE, AL - $145,000 - Julie Martin
201161 - CYPRESS CREEK DR, #27, MOBILE, AL - $185,000 - Julie Martin
200949 - 5185 LAURENDINE RD, THEODORE, AL - $139,000 - Joe Winans
201117 - 3760 MCFARLAND RD, MOBILE, AL - $409,000 - Brandi Cook

http://mobmls.net/MobileReports/ListitLib/show_report.aspx?ID=INJ3741911

Accepted Contracts:
4005 Michael Blvd. - Lee Martin
9576 Misty Leaf Drive - Connie Hamilton
459 Dauphin Island Pkwy. - Lee Martin
7232 14th Street - Lee Martin/John Morgan 

Closings:
404 9th Avenue - $63,000 - Brandi Cook
8741 Fields Lane - $67,800 - Brandy Lutz/Brandi Cook
9471 Burnt Ash Drive - $142,900 - Becca Fields
8500 Quail Road - $75,000 - Brandy Lutz
9694 Deerfield Drive - $248,000 - Julie Martin/Sarah Pugh
24888 Wolf Bay - $90,000 - Lee Martin
51 Carlen Street S. - $153,000 - Lee Martin

http://portcityrealty.activerain.com/post/1270593/how-to-tell-real-buyers-from-tire-kickers-one-question-

http://activerain.com/blogsview/1271146/i-want-your-fsbo-stories

Sales Manager/Recruiting

Schedule for rest of the year - including Christmas Party

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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How to tell "real" buyers from tire-kickers (one question)

I wanted to share this at sales meeting.

Via Dean Jackson helps Realtors make more money! (MarketingMonday.com - Weekly Real Estate Marketing Podast ):

Generating lots of leads is pretty easy. tirekicker

What most people seem to struggle with is "converting" those leads into clients.

The prevailing attitude seems to be that leads are somehow dirty...and need to be scrubbed.

Someone asked me just yesterday how to tell the "real" buyers from the tire-kickers - so it inspired me to write this post.

The truth about lead "conversion" is that you can't actually convert anybody to do anything. They either ARE or ARE NOT going to buy a home.

You can't create 5-star prospects - you can only discover them.

The very best way to tell the real buyers from the tire-kickers is to treat EVERY ONE OF THEM like they're a real buyer until they prove otherwise vs. treating them like they're a tire-kicker until they prove they aren't.

The implication in the question is that we don't want to "waste time" with people who are not going to buy.

I always answer the question with a question of my own:

How would you treat a lead if you knew for sure they were going to buy a home?

Would you give up on them after they don't return your ONE phone call?

Or, decide in advance that they're not a "good lead" because they didn't leave a phone number?

If you KNEW they were going to buy a home, you'd probably treat them differently.

Try pretending your next 10 leads are absolutely going to buy a home...and let me know what happens.

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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38th Annual National Shrimp Festival in Gulf Shores Alabama

Less than a week before the 38th Annual National Shrimp Festival in Gulf Shores Alabama starts.

October 8th - 11thGulf Shores Alabama

The festival will be held right on the beautiful Gulf beaches.

There will be over 300 vendors of fine art, arts & crafts and of course lots of great seafood!

Live entertainment starts 10:00 on Thursday morning, October 8th. 

This is a really fun festival for people of all ages and tastes. I go almost every year and there is no more beautiful place to enjoy a festival.

Besides the festival Gulf Shores, Orange Beach and Foley Alabama have so much to offer. From the beaches to the fabulous restaurants. Then there is the nightlife (including the Florabama). And in Foley you have some great outlet shopping.

I would like to invite everyone who has not had the opportunity to visit the  gulf beaches of Alabama to come on down.

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This Blog by: Julie Martin, CRB, e-PRO, Broker/Realtor, Port City Realty, Mobile, AL;

877-880-8110 toll free; 251-665-4665 my cell; julie@portcityrealty.com.

Search all the listings in Mobile County & Baldwin County any time for free with
no sign in requirement from PortCityRealty.com.

Current Foreclosure List and Information
Current Waterfront List and Information
Current Mobile Condo List and Information

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