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Why Real Estate Agents Are Dinosaurs

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seo expert2019

And, I'd never trust a real estate agent that I had not seen 'in action' ;.But this morning I discovered this short article about Sissy Lappin. She's a real, real-estate agent. Yesterday she fired the sharp arrow of truth into the heart of America's property industry.

June Fletcher describes the serendipitous moment she discovered Sissy Lappins's marketing email material in her inbox. She was so chuffed with a real estate broker 'heralding her very own profession as obsolete' that she chose to call Sissy.

Sissy talks tough...

Are Real Estate Agents Dinosaurs?

With that as her opening statement she was bound to get lots of her colleagues off-side. But she makes some great points. And agents in Australia should heed these lessons...

Home owners who would like to sell their very own home are discovering they can get all the information they should list, market, stage, negotiate, and 'close' the sale of their particular home - on the web

Tens and thousands of first-time Aussie buyers who pocketed significantly more than $20,000 from three separate schemes; - the first home owners grant - the initial home bonus - and the initial home buyers boost.

They are now struggling to repay loans on homes that have little if any equity.

What helped fuel this negative equity epidemic was the mechanism designed to guard our economy - mobs of first home buyers paying within the odds to claim their pot of gold being given out by state and federal governments.

Home sellers look for approaches to cut the expense of selling

Shrinking equity is currently forcing these home owners to look for methods to cut the price of selling a house. And the biggest cost in a house transaction is the real estate agent's commission. The average fee paid to agents by home sellers in Australia is about $10,000.

If you reside in the inner suburbs of any capital city agents will often charge $10,000 to $20,000 just to promote your home to buyers (if your house fails to sell say goodbye to the lot, and if it sells Belgravia Ace Floor Plan have to pay for the commission on top).

Why Real Estate Agents Are Dinosaurs;

Like bank tellers, travel agents, stockbrokers, and other middlemen, real estate agents are no further critical for the transaction.

The internet has reduced the necessity for agents.

Within the last 18 months, 15,000 agents in Australia have left the industry. And I believe the number of agents will continue to fall as more people turn to technology to help them sell their particular home.

Younger home sellers are specially confident they have the ability to sell a residence using the internet, and not with a conventional real-estate agent. One agent recently lost a juicy commission because a seller sold his home to a Facebook friend before the agent could list it. Another home seller paid his receptionist $1,000 to discover ways to sell his home on the web - and it sold.

The continuing future of agents

But regardless of simply how much technology redefines the property industry, I think that only the best agents will survive. And slowly the general public opinion of agents will rise as cowboy agents retreat and retire.

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