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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (12507)	12/15/2021 10:25:28 AM
From: w0z	Read Replies (3) \| Respond to of 26629

Just as used car profits have been whittled away from the internet so too will real estate commissions. Blockchain will eliminate middlemen (and their fees) in numerous segments allowing direct peer-to-peer transactions. No need for title companies, RE attorneys, brokers, etc. It's coming to almost any middleman segment you can imagine.

To: robert b furman who wrote (12507)	12/15/2021 11:52:35 AM
From: Elroy	Read Replies (1) \| Respond to of 26629

That being said one of my best friends is a realtor with home construction and masonry experience. His guidance and experience regarding buying a home in need of repairs is more than worth his usual 2% fee. I'm sure there are realtors who's knowledge is worth much more than their fee. That's what friends of mine have told me. Smart and talented realtors are able to gin up excitement before a listing hits the market, and then sell it over asking price within a day or two of listing. That's worth money. The issue for me is I'm a newbie from out of state (out of country, actually). How do I know which realtor is this "smart talented realtor"? We're living in a friend's home currently as she is stationed in New York, but we may buy a home in the next few years. I have no idea of anything about even the process, so I don't really have strong opinions about the real estate industry. I don't have enough knowledge. Z and OPEN seems like their in a good long term growth sector (digitization of real estate businesses), but other than that I don't know much about them. I understand Zillow recently decided to exit it's newish home flipping segment, but that's it.