Will Realtors Disappear? What Changes 2019 And Blockchain Bring To The Role Of Agents

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All signs currently point to blockchain technology as a force that will eventually dominate the real estate industry

As a result of these changes, real estate agents will need to adapt, or they will risk being left behind by the competition.Fast advancements in novel business models impact the real estate industry. According to, a General Partner at Andreessen Horowitz, home-buyers and sellers have grown accustomed to the rapid, on-demand delivery of services and goods brought on by the recent advancements in technology, and they expect no less when they decide to enter the real estate marketplace.

eXp Realty’s business approach makes the roles of its agents unique. For instance, as part of the company’s recruitment program, agents receive incentives for attracting other agents to join the brokerage. Proactive agents participate in revenue share, and successful realtors become shareholders in the company.market cap of eXp World Holdings Inc. is $605M

Despite these “back-office” organizational and management changes in large brokerages, the client-facing side of the agent’s role does not change much. Regarding the question of whether the role of a realtor is changing, Glenn Sanford, CEO at eXp World Holdings, stated, “I don’t think the role changes that much. [With technology, there is] still the trusted advisor working with a consumer through the entire transaction given the size and complexity of a real estate transaction.

On the subjects of technology for the real estate community, Richard Teed, the first founding partner at Compass, San Francisco and the principle of Teed & Co, stated, “Real estate is just one area where smart contracts will record just about everything there is to record.”

 

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No. PR points there but it’s only smoke

Exactly! Blockchain spread through the world consistently and I know that in a moment most of poeple even won't know they will use this tech in daily basis. Blockchains as blockstamp_info'll cover most of our public activities as fundraising or banking. Blockstamp's promising

blockchain is a hoax.

All a product of AI. HEY MAYBE we should start paying attention to this AndrewYang guy who is running for president. He's got a plan to fix this shit. YangGang Yang2020

What do you guys think you are presenting with this illustration?

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Will Realtors Disappear? What Changes 2019 And Blockchain Bring To The Role Of AgentsThe traditionally stale real estate industry is starting to evolve faster due to advancements in automation and new technologies such as AI and blockchain. These technologies bring the opportunity to tackle the well-known inefficiencies of the real estate sector. By far the biggest waste of money besides ridiculously spending $ on home staging. Oh and the mortgage corps. U actually have to pay extra because mortgage corps R2 corrupt n lazy so u have to get title insurance on property that does not move but u can be conned out of. Dumb.
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Will Realtors Disappear? What Changes 2019 And Blockchain Bring To The Role Of AgentsThe traditionally stale real estate industry is starting to evolve faster due to advancements in automation and new technologies such as AI and blockchain. These technologies bring the opportunity to tackle the well-known inefficiencies of the real estate sector. I work in the Real Estate 🏢 industry and in my opinion, we’ll not disappear. For Sale By Owners are ALWAYS a nightmare for sellers and buyers. Having a Broker/Agent is the best thing when purchasing real property. 👍🏽 I hope... this is what my realtor sent today...
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Navigating The Enterprise Blockchain WarsAs the enterprise blockchain wars heat up, harnessing the real potential of this technology, like all digital transformation efforts, has more to do with management decision making, fundamental design principles and creativity than the technology itself.
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Navigating The Enterprise Blockchain WarsAs the enterprise blockchain wars heat up, harnessing the real potential of this technology, like all digital transformation efforts, has more to do with management decision making, fundamental design principles and creativity than the technology itself.
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