data: The Internet Will Replace Realtors - The Fatal Flaw..... - 03/17/09 02:58 PM
The Internet Will Replace Realtors - The Fatal Flaw.....
Many of you remember the concern and controversy that came up several years ago when sites like Zillow and Redfin came on the real estate scene. They aren't very involved in our state but it still made local headline news.
Some people said, and still say, "the internet will replace Realtors" and "Real Estate Services will become a commodity."The theory was that people could appraise their home online and then buy and sell themselves, saving money by cutting real estate agents out of the equation.
This theory had a fatal flaw however,as … (80 comments)