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    Will Buyers Listing Service Eliminate REALTORS Like Travelocity Eliminated Travel Agents

    Revision as of 10:03, 9 April 2023 by 154.13.102.100 (talk) (Created page with "It's a great question to be asking in modern times with technology making our lives more empowered and efficient. When travel agents existed, they had a monopoly on the proced...")
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    It's a great question to be asking in modern times with technology making our lives more empowered and efficient. When travel agents existed, they had a monopoly on the procedure of finding hotels, booking airline tickets, car rentals, etc. This monopoly existed because they had technology the buyer did not have and thus added value to the process of booking travel.

    Along comes Travelocity which provided exactly the same technology travel agents had to consumers and the bye bye travel agent. Pick any shopping experience (travel, property, etc.) and the consumer will think they can execute a better job compared to the professionals (travel companies, real estate agents, etc.) Because of this , such website s as Travelocity.com, Realtor.com, Zillow.com, etc are so popular.

    In real estate, there is one technology the Realtors are trying to hang on to its monopoly status and that is the MLS, which is a database of homes listed for sale. Perhaps a far more appropriately name would be a Sellers Listing Service (SLS). The MLS is limited by only showing those homes for sale that the owners have hired an agent to input their house into their database. To generalize the nation, the inventory in the MLS is about 5% of the full total inventory in virtually any given neighborhood. Which means this MLS technology is actually limiting the home shopper to an extremely small collection of homes in any given neighborhood.

    Up until now, a house buyer was limited to what their Realtors could find in the MLS for sale, or what the buyer could find by searching on Zillow.com, Realtor.com, etc. A Buyers Listing Service (BLS) enables the house buyer to let everyone in a nearby know what type of home they would like to purchase. Whenever a home buyer (or perhaps a Realtor functioning on their behalf), selects a neighborhood and post their wish list in a home they would like to buy, both property owners and realtors representing sellers will dsicover this buyers listing and contact them if they desire to sell them their house. Access a Buyers Listing Service makes getting a home to get just got a lot easier. Buyers Listing Services are absolve to the consumer exactly like Travelocity.com is absolve to use.

    So will this result in the extinction of realtors? Most likely not, real estate agents still add value to the house buying process even though the consumer finds the home on their own. Once read more connects with the seller of a matching home an agent can still add value to the process in ensuring all proper disclosures, inspections, title transfer, escrow funding, etc. is completed correctly. Those are steps neither the sellers listing services or the buyers listing service should be able to provide.

    The BestBLS.com covers over 130,000 neighborhoods in all 50 states and the District of Columbia, is Absolve to use by consumers and realtors acting on behalf of home buyers and home sellers. Your dream home exists, ask for it. Click Best Buyers Listing Service