4 ms·
I mean the premise of your product appears to be that I'd be interacting with an AI. If I were to use it, I would not be hiring Raffi---would I? I was in a sit
by rpearl 2y ago
I mean the premise of your product appears to be that I'd be interacting with an AI. If I were to use it, I would not be hiring Raffi---would I?
I was in a situation where the seller of the house, after signing our contract, halfway through closing, decided to try to accept another offer that would close faster. The seller attempted to get out of our contract when we wanted to enforce it and close.
An AI wouldn't be calling escrow companies for us. An AI may have a recommendation about whether lis pendens is necessary but it wouldn't be personally taking it to the courthouse before close of day on a Friday. An AI would not be able to watch the property in case the other buyers showed up.
Obviously with a smooth transaction none of this is necessary. Most transactions are smooth, and that's great. But ALL the value of a real estate agent is in the edge cases. I'm asking what would happen to me if I would've used a tool like this instead? When abruptly this sort of work becomes necessary but I've never spoken to a person. In such a time, I don't just want advice, I want an actual agent to help me make a real decision, quickly, and then act on my behalf.
Is that Raffi? How many people is Raffi helping? Is this just Raffi's fancy tech driven real estate office that will be slightly larger than the usual due to leveraging tech?
- greenfish6 2y agoThe vast majority of agents communication is over text and email. It is quite rare that it is required that a realtor must make an in person appearance somewhere, usually that's just for first meetings. But yes, when stuff like this happens, we'll have a person do the required representation. Put it like this: if 90% of realtor time is spent on communication that is done over text an email, then each realtor will be able to serve 10x the clients. But that still leaves time for them to show up at a courthouse on a Friday, as you mention
- in_cahoots 2y agoHow many residential houses have you personally bought or served as a realtor for? In my experience everything other than rote paperwork and sending over information is done via chat or in person. No realtor is going to walk a first-time buyer through an inspection report via text message or email.
- greenfish6 2y agoWhen I bought my house as a first time buyer in sf, my agent walked me through my disclosures over email..
- in_cahoots 2y agoSo you bought one house with a bottom-tier agent who wasn’t worth the money and now you’re trying to recreate that experience at the same cost? You don’t even understand what your competition is. A good buyers agent- one who actually does this full-time and makes a hefty profit- is worlds away from what you experienced.
- poulsbohemian 2y ago> It is quite rare that it is required that a realtor must make an in person appearance somewhere This might be true in urban markets - I have seen agents with a good book of business who are able to work remotely - but it isn't at all true in rural markets where the culture is entirely hands-on. I still do far too many deals with ink and paper in someone's living room or on the back fender of a pickup truck.