Can Zillow’s new approach leave RE agents out of the game?

Mortgage and Lending with PS Mortgage Lending 305-791-4874 or 888-845-6630 365768

Zillow has just made the buyer/seller real estate market a breeze, offering their new software (Zillow Instant Offers), which lets sellers automatize the selling and offering of their own house, giving  competitive offers (if the home qualifies), and erasing the middle man from the equation. 

Now, buyers and sellers are the main target and income base of all local real estate agents. My point being… Is Zillow taking the middle man away?

Job automation has become a hard and real problem in this new information era. The job market appears to be sliming, giving certain professions a run for their money when being compared to machines and apps that can do a quicker, faster job than the human mind.  

So, should real estate agents be concerned about this? 

In my opinion, there’s no comparison between the human treatment and the mechanical option (which sometimes can leave buyers or sellers in the blindspot). 

The thing is, Zillow will be giving options that are below market, there will be no one representing sellers or defending them from and evident lack of experience and business know-how. A concerned client will always look for a real life, flesh made agent that will help him understand the process, and get the best offer out there. There’s simply no comparison.


Posted by




Information and content in this blog is original to Phil Stevenson

Please click the "SUBSCRIBE TO MY BLOG" button on the right, and receive more Traditional and Reverse Mortgage information in Florida and other parts of the US & Puerto Rico.


Phil Stevenson

PS Financial Services

Owner and Principal Mortgage Originator

Certified Reverse Mortgage Professional (CRMP)

LO #365768

NMLS #968090

Cell: 888.845.6630

Miami Mortgages & Florida Mortgages

Copyright © 2013 by Phil Stevenson & PS Financial Services, LLC


This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Technology & Tools
real estate agent
real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ronald Curtis
Manes Realty Group - West Palm Beach, FL
Negotiating the best price and terms for my Buyers

Hello Phil....

I wish that I could be as optimistic as you.

If a seller feels that they will be able to sell without paying a listing commission, they will be jumping on it.

Mar 22, 2019 12:02 PM #1
Phil Stevenson, CRMP
PS Mortgage Lending 305-791-4874 or 888-845-6630 - Miami, FL
"Mortgage Nerd" in Miami, Florida and Texas

Very valid point, Ronald.  One could also say that by seller at that lower amount, it will hurt the market, via lower values.  At the same time, many thought that online trading platforms would be the end of the financial advisor, and that rocket mortgage would be the end of the mortgage professional.  Neither has happened that way. 

They have each become players in their respective games, and maybe they have only acquired the "do it yourself" traders and the clients who would walk into banks anywa.  The ones the FA's and Mortgage Professionals might not get anyway.  Only time will tell...

I also heard someone say, Zillow is not doing this to sell homes, but to sell the leads they get from those who do not sell to Zillow.  Would you buy listing leads?

Thanks again!

Mar 22, 2019 12:38 PM #2
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Phil, Z Offers are all much lower than a homeowner would get if put their home on the market.

Mar 29, 2019 03:05 PM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Phil Stevenson, CRMP

"Mortgage Nerd" in Miami, Florida and Texas
Ask Me About the NEW Reverse Mortgage Program!
Spam prevention