Are buyers agents becoming obsolete?

The dealer or agents are never getting obsolete. Customers always need some authenticity of the significant price range products. The online real estate can perform a smooth online survey of the area. But when it comes to a buying option, the customers always prefer the right human touch.

What is the long term outlook for real estate agents?

The Bureau of Labor Statistics projects 2.3 percent employment growth for real estate agents between 2019 and 2029. In that period, an estimated 8,700 jobs should open up. Real estate agents buy, sell or rent properties on behalf of their clients.

Is real estate a happy career?

When you work as a real estate agent, you’re helping people make the most important financial decision of their lives. This gives many real estate agents a high amount of job satisfaction. In fact, 91\% of those surveyed ranked this as something important to their enjoyment in their careers.

Will real estate agents become obsolete in the future?

Some argue that real estate agents will become obsolete, while others believe the way real estate transactions are closed will evolve.

What will happen to real estate agents in 2019?

As home sales volume continues to slump and home prices keep climbing through the second half of 2019, expect discouraged agents to slowly drop out of the active population. The number of brokers will begin to stabilize following the next economic recession, expected to arrive by mid-2020.

Is technology shaping the future of the real estate industry?

Essentially, many of the reasons that real estate agents were needed or had value have vaporized. It’s not unlike many other jobs. Still, this technology shift in the real estate industry is likely to be one of the biggest and most impactful yet.

Is the real estate industry facing disruption?

The real estate industry is facing disruption, and not just on one front. New real estate brokerages are offering an alternative to the way agents do business, tech startups are providing more information and ease of access to consumers and professionals, and companies are helping consumers bypass the need for a real estate agent altogether.