808: The End of Buyer’s Agents and Most Brokerages: Industry Predictions with Kerry Grinkmeyer

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 24 July 2019

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What will the real estate industry look like in five years? If today’s guest, retired financial advisor Kerry Grinkmeyer, is right, it’s not going to be pretty. With companies like Zillow working to streamline real estate transactions, buyer’s agents will become obsolete. Most brokerages will be absorbed by the big players, leaving only a handful of companies in the game. Oh, and commissions – they’re going to drop significantly, forcing agents to rely on alternative revenue streams. Get details on these industry predictions and more on this Real Estate Rockstars. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0	So the big question is this, how do most agents who don't have access to the
0:10.6	secrets that most successful agents hoard to themselves grow and
0:16.3	prosper in today's competitive real estate environment. That's the question and
0:21.7	this podcast will give you the answers. I'm Pat Hyben and welcome to
0:27.0	real estate rock stars. And now for the review of the day.
0:35.0	All right, I got a review from a C a G1 the only podcast you need to subscribe to
0:49.7	This is the hands down best podcast for real estate agents bar none. I love
0:55.5	tactical information like I do you are doing yourself in your business a major
1:00.5	disservice by not subscribing to this show. Thank you. Keep the comments
1:06.9	coming guys. I love them and remember I eat feedback for breakfast so give me a
1:12.3	one-star review if you want or a five-star review if you want I don't care and the more reviews we get the better guests we get so please
1:21.5	subscribe first and then leave us a review or wherever you're listening.
1:27.0	All right, Rock Star Nation.
1:35.0	Listen, I've been communicating with a guy by the name of Phil, Phil Evans, and I
1:40.5	actually have him here with me now.
1:42.2	And you know, we've been talking about our flagship question that we ask on the show which is basically if I put you on a game show where I put you with several other brand new agents, not brand new agents, but several
1:56.6	other agents that are brand new to a market and I told all of you to go at it at once. Whoever sold the most amount of houses would get a million or five million
2:07.1	valid prize at the end of the game show. And Phil reached out to me and said, man, you know, I'm getting ready to go through that in real life
2:14.7	he's moving from California to Portland Oregon and he said can I mention can I come on the show and
2:22.4	mention I'm looking for somebody to some several
2:26.3	people to have a little contest with to if you're and so they basically this is for
2:31.6	you if you're a brand new agent in an area you haven't lived before or you're gonna move sometime this fall to a new area you haven't lived before and you want to join up with Phil in this accountability
	...

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