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

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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]There seems to be a lot of anger out there towards realtors and many people seem to believe the 6 percent is ridiculous and undeserved. [/b] It's only a matter of time before a better "product" is offered.  I doubt many would have predicted uber or dollar shave club.  These companies are successful because a vast majority of the population was frustrated with taxi service and sick and tired of paying too much for razors.  I personally would jump all over an opportunity to avoid paying 6 percent.  My parents have sold multiple properties without a realtor but have always had the benefit of time.

Bottom line is the Internet has been a game changer.  Real estate agents were a necessity in order for access to knowledge.  Now anyone can research comps and find a home.  One of my relatives is an older and very successful realtor and said it is only a matter of time.  My relative also was making close to 500k a year selling real estate, which I find ridiculous.

I've found each home I've purchased on my own and simply don't believe the agent worked hard enough or brought something special to the table to earn tens of thousands of dollars from each sale.  No way.  [/quote]

I think you're confusing the two or three people who post here incessantly with "a lot of anger out there."

There's not. [/quote]

New poster here. Yes there is. People have similar feelings towards realtors that they have towards lawyers (or worse).[/quote]

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