Want to be a SMARTER AGENT? It's all in your CELL PHONE

I was watching the morning CBS news over the weekend and noticed a little blurb about how internet technology is going to hit consumers by way of CELL PHONE for searching homes for purchase.  This intrigued me, so I stopped to watch and see for myself.

The business is called Smarter Agent http://smarteragent.com  The deal is simply this:

1. You drive around with your Cell phone with the Smarter Agent app downloaded at $5/month.
2. You see a home (ANY HOME for sale or not) and stop the car.
3. The phone will report your exact position to their servers (like a GPS)
4. You use the phone to inquire about the property and it reports back that it IS or ISN'T for sale
5. THEN, the phone will tell you its last date of closing and the settlement amount (scary huh??)
6. The phone will show you similar homes with same features in a 5-mile radius
7. If want to see these home, It will provide a map and guide you there as you drive.
8. When you get there, it will give #bedrooms, #baths, price, etc.
9. If you want to see it, you hit a button and your connected to a pre-screened Smarter Agent Agent.
10. Smarter Agent receives referral fees for the closings.

Smarter Agent is not yet in our market but I am thinking about giving them a try once they do get here.  I was wondering if anyone here on The RAIN has had experience with these people and is this the way of the future?  Comments are Gladly welcome.