Michael Setunsky, Your Commercial Real Estate Link to Northern VA

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Rainmaker
863,423
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

The difference between car salesmen and real estate brokers is a Grand Canyon sized chasm. It may not always seem like that, but it is. IMO, replacing car salesmen with robots would be a huge Improvement. In our business, however, we're bound to higher standards. If we did what some car salesmen do, we'd be in jail. Consumers need us.

Jan 15, 2018 04:00 PM
Ambassador
4,469,282
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Could be. There are already robots showing rental properties in Silicon Valley. While I think consumers need us no doubt there are soume who would love buying a home via app. Imagine the security issues.

Jan 15, 2018 04:11 PM
Rainmaker
5,570,474
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

no, they need us.... real estate is too complex to not have representation by an agent....

Jan 15, 2018 03:48 PM
Ambassador
2,992,691
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I do not believe so ... not in my lifetime. Who holds fiduciary without a humanoid with a license to practice?

Jan 15, 2018 06:02 PM
Rainmaker
6,323,045
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

There will be many changes in the industry.

We have a national surplus of several hundred thousand agents.

Jan 15, 2018 04:40 PM
Ambassador
2,054,897
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

If you watch the commercials on TV, you might think that. I guess, people could be "buying" real estate like that but then what? It's not an instant transaction like a car deal. Who is guiding them through the process and helping them solve issues that come up? 

Jan 15, 2018 04:05 PM
Rainer
4,380
Todd Phillips
AZHouseAZHome - Realty Executives - Phoenix, AZ
Buyer/SellerRep,CashOffers,Wholesale,Photography

Yes. It is already happening, and will continue to be a a method for Buyers and Sellers. Internet and Apps can help and hurt and industry.

Jan 15, 2018 03:35 PM
Rainmaker
1,596,146
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No, won't happened. 

Merry Christmas to All!!

And a Very Happy New Year!!!

Dec 22, 2018 08:12 PM
Rainmaker
2,061,599
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

I don't believe it. 

I got new car and worked with 2 dealerships. Not happy with both. 

In real estate at the closing our sellers and buyers smile and shake hands! 

 

Dec 22, 2018 07:11 PM
Rainmaker
3,867,343
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Somehow buying real estate is very different from buying a car; also a much bigger financial investment. 

Jan 16, 2018 03:49 AM
Ambassador
5,175,471
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Some companies will be trying this soon, I am sure that is will be somewhat successful, but not for everyone.

Jan 15, 2018 08:28 PM
Rainmaker
1,706,140
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

The industry will continue to change 

Jan 15, 2018 07:34 PM
Rainmaker
3,925,850
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Some think that day has arrived 

Jan 15, 2018 07:33 PM
Ambassador
2,540,249
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

    There are still a few travel agents out there, who cater to some select groups and individuals.   The same thing will happen to the real estate industry over the next few years... there will be a dramatic reduction in the number of real estate brokers.

Jan 15, 2018 07:30 PM
Ambassador
4,056,251
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

It may very well be but, I'll be 6-feet under by then!

Jan 15, 2018 07:19 PM
Ambassador
3,986,518
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Hasn't that been around in some fashion for a long time?

Jan 15, 2018 06:13 PM
Rainmaker
3,982,389
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

They will try but not in the cards for the forseeable future!

Jan 15, 2018 05:55 PM
Rainmaker
1,707,197
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Wait five years and we will see.

Jan 15, 2018 05:51 PM
Rainmaker
2,605,794
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Yes without a doubt...There will always be a need for a licensed coordinator, agent or expediter however but the big money days will definitely dwindle down with exceptions here and there. Being an agent will become less popular thus completing a full start to finish cycle for this industry. My advice? make hay while the sun shines. Hustle and work it while you can

Jan 15, 2018 05:36 PM
Rainmaker
522,853
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

 No doubt it will be tried and will inevitably fail, for many reasons.

Jan 15, 2018 04:04 PM
Rainmaker
1,374,408
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

You might buy the car on the internet but will still be in front of two eyes, two ears, a nose, and a BIG MOUTH trying to sell warranty, accessories and do the paperwork.

Jan 16, 2018 05:07 AM
Rainmaker
827,758
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

People are always coming up with new ideas. Some work, some don't.

Jan 16, 2018 01:04 AM
Rainmaker
1,088,301
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I believe it is Michael and it will be here before we can say lickety split. You'll see a home for sale, pull up the app and let your cryptocurrency do the rest. All you need to do is determine a closing date and reset the Kevo for access.   

Jan 15, 2018 08:44 PM
Rainmaker
1,164,311
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Well there are certain people and situations that are going to go this way and in fact they already have call on those apps are here.
the majority of people will not: there’s no app for what we do as Realtors
there’s no app that holds hands
there’s no after negotiates
there’s no after problem solves
There’s no app that puts out fires
there’s no app that thinks outside of the box

Jan 15, 2018 08:19 PM
Rainmaker
1,132,570
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I believe there still be realtors preparing documents as all states require them.

As for the commission it will be piece meal. Big brokerages (public companies) are offering 1% listing fee and 40% back to customers in most states where they are lawful.

 

Jan 15, 2018 05:02 PM
Rainmaker
1,621,047
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

No; I like the negotiation with real people.

Jan 21, 2018 08:30 AM
Rainmaker
4,697,407
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Buying a car is a lot less complicated than buying a home and feel the public needs professionals to complete their real estate transactions.

Jan 18, 2018 10:34 AM
Ambassador
3,016,737
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

well I can tell you an app isn't getting ANYONE in to look at my house.

Jan 16, 2018 11:38 AM
Rainmaker
1,357,243
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I probably missed that commercial, but sites like autotrader have been around for a while, allowing you to buy a used car w/o a salesperson.  I don't know how you'd go about getting a test drive done without a salesperson though.  When I bought my car last year, the salesperson was VERY helpful and I wouldn't/couldn't imagine buying the car without him.

Jan 16, 2018 09:34 AM
Rainmaker
1,693,563
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

No but I can see it personally for me.

Jan 16, 2018 05:58 AM
Rainmaker
3,293,205
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

NO and only a FOOL would by a car without looking at it. With both you need to see it. You need to check it and you need to research it. Then with homes, you need a real person to answer the personal questions, to be the rock, to guide, teach and negotiate the best deal. MOST important only a real person can keep a deal together given the inspection, the mortgage process and appraiser. 

Jan 16, 2018 05:50 AM
Rainmaker
4,799,256
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

They have been trying this for years without much success, yet. 

Jan 16, 2018 05:33 AM
Rainmaker
3,069,684
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Perhaps for mobile homes? 

Jan 16, 2018 05:23 AM
Rainmaker
4,433,483
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Yes.

Jan 16, 2018 02:47 AM
Ambassador
4,312,167
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Michael Setunsky - anything can happen! Though I may not be around by then.... lol!

Jan 15, 2018 11:29 PM
Rainmaker
804,437
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Most likely...

Jan 15, 2018 07:56 PM
Rainmaker
3,985,765
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

WEll if it is the courts will be unendated with cases

Jan 15, 2018 07:20 PM