Comments on: Real Estate Brokerage: Time to Dance to the Music of Disintermediation http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/ A Future Look at Today Fri, 03 Feb 2012 22:38:37 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Disintermediation | Evolution Shift - David Houle, Futurist, Disintermediation, Future Trends, Future of Energy http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/comment-page-1/#comment-64399 Disintermediation | Evolution Shift - David Houle, Futurist, Disintermediation, Future Trends, Future of Energy Mon, 04 Aug 2008 00:36:38 +0000 http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/#comment-64399 [...] It is a force that is affecting numerous industries. Residential real estate, as I have written here, is one of those businesses. Any business that has historically inserted itself between buyer and [...] [...] It is a force that is affecting numerous industries. Residential real estate, as I have written here, is one of those businesses. Any business that has historically inserted itself between buyer and [...]

]]> By: Disintermediation, Freakanomics and a Case for Fee-For-Service Pricing at The Phoenix Real Estate Guy http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/comment-page-1/#comment-430 Disintermediation, Freakanomics and a Case for Fee-For-Service Pricing at The Phoenix Real Estate Guy Mon, 09 Oct 2006 01:18:43 +0000 http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/#comment-430 [...] There are some who feel the real estate industry is ripe for disintermediation. Steven Levitt and Stephen Dubner, the authors of the bestselling “Freakonomics” are strong believers that the real estate industry is in the middle of disintermediation (see Endangered Species: Why Real Estate Agents are on the Way Out). Countless “real estate bubble bursting” blogs either believe, or sincerely hope that disintermediation of real estate is here. David Houle argues the time is upon us. I can’t figure out of Declan McCullagh is saying disintermediation has arrived or is just around the corner, but either way it’s inevitable to him [...] [...] There are some who feel the real estate industry is ripe for disintermediation. Steven Levitt and Stephen Dubner, the authors of the bestselling “Freakonomics” are strong believers that the real estate industry is in the middle of disintermediation (see Endangered Species: Why Real Estate Agents are on the Way Out). Countless “real estate bubble bursting” blogs either believe, or sincerely hope that disintermediation of real estate is here. David Houle argues the time is upon us. I can’t figure out of Declan McCullagh is saying disintermediation has arrived or is just around the corner, but either way it’s inevitable to him [...]

]]> By: Grant http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/comment-page-1/#comment-362 Grant Wed, 06 Sep 2006 12:31:39 +0000 http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/#comment-362 Very well put, David. The forces of disintermediation are upon us, and those not willing to accept this will be left behind. Change is a tough thing, and forcing real estate agents to drop their commissions after they've been 6% "for all those years" is something most will not befriend. The problem I see with this disintermediation phase is the organization and usefulness of the end product. The internet is makinng it easier for people to sell their homes themselves, but there are so many FSBO listing sites out there that, unless there is a major collaboration between the sites, the marketing capability of the FSBO trend is fairly small. As I've said many times, it makes a case for a nationwide real estate database. Along the same lines, I have started a FSBO vs Realtor test on my blog. So far, the realtors have sold many houses in my neighborhood, yet the FSBO's signs are in need of replacing, they've been on the "market" for so long. -Grant TheCornerOfficeBlog.com Very well put, David.

The forces of disintermediation are upon us, and those not willing to accept this will be left behind.

Change is a tough thing, and forcing real estate agents to drop their commissions after they’ve been 6% “for all those years” is something most will not befriend.

The problem I see with this disintermediation phase is the organization and usefulness of the end product. The internet is makinng it easier for people to sell their homes themselves, but there are so many FSBO listing sites out there that, unless there is a major collaboration between the sites, the marketing capability of the FSBO trend is fairly small. As I’ve said many times, it makes a case for a nationwide real estate database.

Along the same lines, I have started a FSBO vs Realtor test on my blog. So far, the realtors have sold many houses in my neighborhood, yet the FSBO’s signs are in need of replacing, they’ve been on the “market” for so long.

-Grant
TheCornerOfficeBlog.com

]]> By: Imran http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/comment-page-1/#comment-360 Imran Tue, 05 Sep 2006 14:43:23 +0000 http://www.evolutionshift.com/blog/2006/09/05/real-estate-brokerage-time-to-dance-to-the-music-of-disintermediation/#comment-360 A very good piece. The real estate industry has taken notice and the big players are scrambling to partner with interactive media companies to respond to this change. We also see the rise of new players in the market to answers the need for a more open system. Two recent examples of this partnership are: Prudential real estate and Yahoo teaming up to provide listing and housevalues.com The middle man as we know it today may disappear soon but industry giants such as Prudential will find other more creative ways to continue to dictate how we interface with the real estate market. A change similar to the airline industry where the final consumer has complete freedom will take much longer time to take hold in the real estate industry. A very good piece. The real estate industry has taken notice and the big players are scrambling to partner with interactive media companies to respond to this change. We also see the rise of new players in the market to answers the need for a more open system.

Two recent examples of this partnership are:
Prudential real estate and Yahoo teaming up to provide listing and housevalues.com

The middle man as we know it today may disappear soon but industry giants such as Prudential will find other more creative ways to continue to dictate how we interface with the real estate market. A change similar to the airline industry where the final consumer has complete freedom will take much longer time to take hold in the real estate industry.

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