With the first quarter in the rearview mirror, real estate professionals across the board are working hard to make sure they’re positioned for success and profitability in order to maximize the spring and summer real estate markets. And while the real estate marketplace is going strong, it’s still uncertain—making it more important than ever that real estate professionals understand the trends that will impact the industry as we continue to make our way through 2021.
The topic was discussed at RISMedia’s virtual “Spring Into Action” event, held on April 8—co-presented by the National Association of REALTORS®.
One of those trends? The iBuyer movement, including Zillow’s move into the all-in-one brokerage space. Buffini addressed the elephant in the room, no holds barred, telling the audience, “I told you so.”
RISMedia made this session accessible to the public. Watch below:
Stay tuned to rismedia.com for additional coverage of RISMedia’s “Spring Into Action” virtual event.
Spring Into Action 2021 Sponsors
Diamond Sponsors
National Association of REALTORS® Center for REALTOR® Development
Real Estate Webmasters
Master Sponsor
CENTURY 21®
The Corcoran Group
Host Sponsor
Lone Wolf Technologies
Qualia
Realtors Property Resource, LLC
Rocket Mortgage
Event Sponsors
CoreLogic
David Knox Productions, Inc.
The Institute for Luxury Home Marketing
Pillar To Post Home Inspectors®
Sherri Johnson Coaching & Consulting
Have showed Zillow listings and you are absolutely correct. There is no personal interaction. Hard to get any answers on the particulars of the house. What I don’t understand is they purchase a home, title is in their name, purchase price listed in public records show they sell the home just adding to the purchase price closing costs and commission. So how does that make them money? Guess if they have W2 agents then those agents work on a different pay scale. Think they are counting on volume of listings and not customer service or agents who provide knowledge of the market.
Have found the same with Open Door listings. You can request an agent call you back but they only text and then my experience has been they do not answer your questions.
I don’t understand how a Zillow was able to obtain all this information, how they got hold of the MLS which was sacred to realtors. Is Zillow paying all the boards across the United States and overseas?I have never gotten an answer to this not even from NAR. I believe we need to be transparent with big corporations as we are with small Realtors. That said in my opinion if there’s no answer. There must be something corrupt in the real estate higher echelon. I think that ethics has gone right out of the window.