12/17/2022
Thinking about using an iBuyer? Here's why you should reconsider. "The evidence proves that there’s more people using agents now than ever before. We’ve had billions of dollars come into this industry [to disrupt it through technology], but the gravitational field of the traditional industry and agents and expert advisors is really strong."
Professional Real Estate Advisors stand the test of time & shifting market conditions because of 5 things:👇
➡️🏠 are not commodities, every one is different;
➡️People are not commodities, every single person and situation is different, and every sale has several people involved in it👨👩👧👦;
➡️Professional advisors are self-reliant & self-driven. 💪 We have to rely on our own money, patience, and faith to persist in this business, which we have full control over;
➡️Professional advisors don't rely on selling related services. While we may have services that our brand offers or is affiliated with, we aren’t relying on clients to use them to earn our income. 💵(We actually can’t receive compensation when you use an affiliated service); and
➡️Professional advisors are always prepared for a market shift. 💥 What many people consider “hot” or “good” 📈market conditions are often the toughest for real estate agents. The past couple of years were no picnic, despite the fact that many people probably considered it a great time to be one. In fact, there’s probably never a market that’s “easy”; they all have their challenges but we're certainly used to having to weather the changes. 📉
Interested in learning more? Check out TheRealDeal article below. A key issue they touch on is affordability. "What we’re going to see now is [models targeting] home affordability." Definitely keeping an eye on innovation and solutions that are trying to help address the issue. 🤑
https://therealdeal.com/national/2022/12/07/ibuying-on-the-brink-where-does-the-controversial-homebuying-model-go-from-here/?fbclid=IwAR0JtnIUv6tIK8L0co987Rnz2VucDvHcV85gmfK8TTpQqs_Zpg74nwvYWk8
A conversation with residential analyst Mike DelPrete about Opendoor's troubles, the iBuying model and whether homes can ever be commoditized.