Potential Impact Of AI On Agents' Commissions

Interesting story…

http://www.inman.com/2017/01/09/will-technology-kill-your-real-estate-commission-splits/

@sfdragonboy does your company pay for inman subscription? You seem to have subscriptions to lots of paywalled material… I am jealous…

Honestly no. I honestly peruse the internet like you do and have not paid a dime for anything.

http://www.inman.com/2017/01/09/will-technology-kill-your-real-estate-commission-splits/amp/

1 Like

Thanks, @intangible!!!

I don’t think agents will ever get automated away. I have said it many times. I think people will always need some emotional support and hand holding in the biggest transactions of their lives. You will never fully automate that away.

But I think we may see more and more listing agents representing buyers as well. Buyer agents don’t add much value. In the old days buyer agents gave advice to buyers on which homes to buy, how much to offer etc. But with more data and AI available online buyers are better informed than ever.