For almost two decades the industry has been concerned about the immense influence of real estate portals. In this report, T3 Sixty takes a deep dive into the impact of portals on the industry.
Two decades ago, the real estate industry waited with bated breath as terms like disintermediation and new business models were thrown around, and many thought brokerage companies and agents were going to disappear entirely as a result of changing technology, the Internet, and the collapse of commissions. While its been far from the doom and gloom anticipated, the industry is changing rapidly, and recently there have been increased calls to again look at reengineering the real estate brokerage model.
AI has enormous potential to impact the way real estate professionals sell homes.