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MEP

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Reply with quote  #1 
http://www.newsday.com/business/real-estate-tech-company-aims-to-replace-agents-with-robots-data-1.13937907
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M. E.

"Don't call him a cowboy until you see him ride'
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Bobby

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Reply with quote  #2 
We are really going to need live appraisers to sort out this mess.[biggrin]

The greatest real estate scam in history has yet to be implemented, but the ground work is being paved.

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Lobatt

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Reply with quote  #3 
If this takes over the real estate industry it will be as if millions of marginally employed part time working housewife voices cried out in terror.  
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RubberStamp

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Reply with quote  #4 
Well in the agents favor is that they've yet to find a replacement for a good sales guy as relationships and referrals still rule human behavior.  But just like our industry it doesn't mean they can't do enough damage to make the industry no fun anymore so the smart and motivated go elsewhere.

The agent business is very smart.  Don't charge the buyers.  Leave the sellers to pay for it all or go it alone.  Then, snub the seller that goes it alone. 

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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