- Joined
- Jul 26, 2007
- Messages
- 2,215
Rep Bank
$1,830
$1,830
User Power: 23%
So many business models have changed dramatically due to the internet--except real estate. I mean, sure--there's Realtor.com, but it seems to me the whole foundation of how real estate is being transacted is due for a major overhaul.
Here is my frustration: I think the vast majority of Realtors are idiots--expensive idiots at that. There is no way to tell a good Realtor from a bad one, except for word of mouth--and then you have to take into account that most people don't know how to tell a good realtor from a bad one either, so who's to say what you are really getting until you are right in the middle of a transaction--ugh. The vast majority of Realtors unlock doors and fill out paperwork and make 3% of the sales price for doing so. This seems like such an antiquated way of doing business.
I would love to see some sort of yellow pages/yelp site for people to go to research their Realtor before they do business with them. I'd like to read reviews and see what type of transactions they've done. In addition, I'd love a site where I could post my needs, what I want to pay, and then have Realtors "bid" on my business (or where I could invite certain Realtors to bid on my business)...kinda like elance but for real estate. There would be so many different ways to monetize a site like this--title companies, home inspections, escrow companies, attorneys--and of course not to mention you could take a percentage of each transaction. Just a thought for someone.
Here is my frustration: I think the vast majority of Realtors are idiots--expensive idiots at that. There is no way to tell a good Realtor from a bad one, except for word of mouth--and then you have to take into account that most people don't know how to tell a good realtor from a bad one either, so who's to say what you are really getting until you are right in the middle of a transaction--ugh. The vast majority of Realtors unlock doors and fill out paperwork and make 3% of the sales price for doing so. This seems like such an antiquated way of doing business.
I would love to see some sort of yellow pages/yelp site for people to go to research their Realtor before they do business with them. I'd like to read reviews and see what type of transactions they've done. In addition, I'd love a site where I could post my needs, what I want to pay, and then have Realtors "bid" on my business (or where I could invite certain Realtors to bid on my business)...kinda like elance but for real estate. There would be so many different ways to monetize a site like this--title companies, home inspections, escrow companies, attorneys--and of course not to mention you could take a percentage of each transaction. Just a thought for someone.

Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today