Are Real Estate Agents Becoming Irrelevant?
Is the Internet slowly replacing the role of the real estate agent? What’s the future of the real estate industry as a whole? Here’s my take on the matter. Few other industries have been as heavily affected by Internet evolution as much as the real estate industry. In fact, if you look at what has happened online in the last few years alone, you can see it “unfolding” before your eyes. A wide variety of real estate self-help websites have sprung up, and they will continue to do so: • Websites like FSBO.com help homeowners sell their homes — without the use of a real estate agent. • Websites like HouseValues.com and Zillow.com help homeowners get a ballpark estimate of their home’s value using publicly available data — and without using a real estate agent. • Websites like Trulia.com help buyers find and research homes for sale in their area — without having to go through a real estate agent. In addition to all of this, you can use the web to learn how to prepare a real estate contra