Reply to How many years until realtors are replaced by Redfin/Uber/Zillow/etc?

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[quote=Steve][quote=Anonymous][quote=Steve]The DANGER report seems to indicate 3-5 years, but 14:36's guess of within 7.5 years seems more realistic. (https://www.dangerreport.com/)

When you combine the generations of a single method for an infrequent transaction with the large body of licensed salespersons out there, you can see why it's such an uphill battle.

I think we are the key to solving the current inefficiencies by turning the industry on its head [b]since we let homeowners search for buyers, especially pre-market. [/b]

RedFin is just a cheaper brokerage.

Zillow can change the entire game tomorrow if they wanted to. Half or more of the buyers and sellers already use them. [/quote]

You mean like Zillow's "make me move" pre-market listings?[/quote]

No, I think that's a different market segment of people who want unrealistic prices for their home. Our audience is more like people who know they need to move in a few months or years (jobs, retirement, etc) and would like to find the right buyer and cut down on unnecessary showings and even the prep and staging work that happens months before listing.

We also wanted to make our homeowners feel safer so we hid their homes from searches and don't even show addresses. Owners get alerts when buyers pop up in their area. Sellers can then review the buyer profiles to see if there's a good match (timeline, financing, wants/needs/dislikes/personal background) before reaching out to discuss/set up showings.

It's been satisfying to hear that pre-market showings are actually occurring on our site. We want to make real estate more open, friendly, and sensible. That doesn't mean agents need to be eliminated. It means that people need to be empowered.
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