Why can't we get rid of Real-estate agents all together? Snipping off 3% of the house sale price is a ridiculous fee for shuffling some documents around and pretending to be acting in my interest. What's stopping Redfin/Zillow or SV tech scene to disrupt this arcane industry?
I haven't purchased a home before, but it seems like most things such as discovering homes, securing loans, touring the place, inspection, sending offers, closing and signing the deed - is very much automation-ready. There must be some reason.
Edit: I got a real estate agent to kick off house search from Redfin. We had a zoom call, he looked at what I've added as favorites and basically didn't do anything useful or provided anything more than what's already on Redfin wesbite. We browsed some homes together and had a bit of small talk. I didn't go as far as putting down the offer but why do I need to do this bullshit with a real estate agent? It's frivolous and unnecessary. May be he would be useful later down the process? If you've bought a home, would love to know what parts of that process are ripe for automation.
I haven't purchased a home before, but it seems like most things such as discovering homes, securing loans, touring the place, inspection, sending offers, closing and signing the deed - is very much automation-ready. There must be some reason.
Edit: I got a real estate agent to kick off house search from Redfin. We had a zoom call, he looked at what I've added as favorites and basically didn't do anything useful or provided anything more than what's already on Redfin wesbite. We browsed some homes together and had a bit of small talk. I didn't go as far as putting down the offer but why do I need to do this bullshit with a real estate agent? It's frivolous and unnecessary. May be he would be useful later down the process? If you've bought a home, would love to know what parts of that process are ripe for automation.