Some people usually enquire about how one can buy a home online without necessarily using an 100 commission real estate brokerage agent. A house is majorly not a commodity, but for a real estate agent to remain relevant in the business, he/she must provide value to the clients. Real estate brokerage involves understanding some very crucial things. They include historical insight on neighborhoods, understanding the market forces, and connections with insurance agents to make it possible for a house to be acquired.
Technological usage in real estate
- Seller leads being sold to agents
Some websites charge a fee to setting agents who look to make money from buyer leads. When you click on the agents, one may stumble upon a person who knows nothing or expertise in an area where houses are located. Many people will soon be able to encounter agents the same way upon listing their homes for sale.
- Computer-generated analysis of the market
This method cannot replace the local inventory knowledge, although it’s advantageous. It includes a floor plan, home condition, and specific locations of a house.
- Immediate offers and i-Buyers
Some clients typically want to buy something that they can see. Most of them can fly to a destination to check for themselves when real estate brokerage has gone well. They even complete the deal and payment upon being satisfied by the final output.
Note – real estate agents who provide good value shy away from the travel agent ways while those who deliver product services can be replaced by technology.
Why technology is replacing agents
- Agents working in unfamiliar markets
Some agents call to show various listings, yet they are not part of Multiple Listing Service. They also lack access to the e-keys, leaving people wondering what kind of services they offer.
- Agents are buying online leads.
This technique cheapens the dignity of a real estate agent. When clients get in touch with the agents from websites such as Zillow, they may dismiss them at the end even after the agent had already paid the charge fee.
- Low value to the clients from agents
The internet today has plenty of invalid house descriptions and unresponsive agents who offer low services. Most even do not show up in showings to facilitate the real estate brokerage process.
Delivering a real estate’s value
The following are some of the ways where clients are provided value by agents;
Helping a client get two professional advice from experienced foundation specialists to ensure the house is not sliding.
Helping a client purchase land and allocating an architect and builder.
Helping clients pass flooding insurance, ensuring their house is safe.
We are assisting the buyer in replacing a broken glass door without necessarily replacing the whole door.
Such examples help in providing real value to clients. In addition to the above, writing and negotiating offers, market preparation, and advertisement listing increase clients’ value. By doing so, trust is affirmed between the client and the real estate agent.