Times have been rough for relators lately. Not only has the real estate market experienced a dramatic change the past year, technology (sites like zillow.com) and discount brokers are exacting a squeeze on the traditional realtor-broker business model. Here is an interesting article worth reading and thinking about. I think realtors just need to do a better job of explaining their role and proving their worth by providing a service second to none. A lot of times this involves working with the right lender.
Embattled real estate agents play hardball – Selling Your House – MSN Real Estate: “Depending on how you feel about real estate agents, claims about their obsolescence can seem either flat wrong or just early. What is far less dubious is the fact that traditional agents have an increasingly challenging battle to retain their stronghold on local listings as technological and legal threats continue to emerge. “