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Seconded on all things real estate. This is more of a legal/social problem than a technical one at this point. Websites like zillow.com make a real estate age
by yalurker 18y ago
Seconded on all things real estate. This is more of a legal/social problem than a technical one at this point. Websites like zillow.com make a real estate agents role largely obsolete, yet they still try to command a huge commission on every sale. Another poster above mentioned Title Insurance as well.
I suspect over the next 5-10 years we will see major changes in this industry. Huge savings to home buyers & sellers are available if the bureaucracy and traditions can be broken and replaced with a more consumer friendly system.
- kapitti 18y agoZillow hardly makes the role of a real estate agent obsolete - first off, their Zestimates are no where near correct in a lot of markets especially Today with all of the foreclosures and short sales. Second, the process of purchasing or selling your home isn't any easier because of zillow - only marketing a home is easier. A consumer friendly solution is needed - when we purchased our home last year, the amount of times I needed to initial and sign documents and then sign again after changes and again when the conditions were met, and again when we removed the contingencies, etc - and each time Scan & Email or Fax it back to the sellers or a third party; it was just annoying. With all of the e-sign technologies and document collaboration, there has got to be a way to make this process easier, smoother and less archaic. We got our home for a great price, and used a real estate agent, I could care less whether or not the realtor was removed from the process. What I want removed from the process is the pain.