Dear Monty: You wrote an article about technology replacing real estate agents last fall. It was a view of the changes taking place in the industry from 30,000 feet. What would the process look like if we went down to ground level and envisioned a home seller’s role in the transaction? We are planning on selling our home next year. We are curious about what a home seller will have to do if there is no agent to guide us.
Monty’s Answer: You will still have the guide. We build the guide into the online platform. You receive your options in writing before you make decisions instead of reacting to a problem after you own it. Full disclosure: I work in a team currently building the platform that will offer the product described below to real estate customers. As a seasoned career real estate veteran, I believe this is the future of the residential real estate market. The current real estate models are over 100 years old. Their methods are highly inefficient, opaque and obsolete. Technology delivers a superior product at lower costs. Here is the column I believe you referenced.
