Reinventing Real Estate 1031 Bank Exchange Red Tax, Part 2: Online and Empowered Consumers are Taking Charge and Paying
Demanding consumers"Internet buyers tend to be better informed on market conditions and better prepared to act on the home they want when they start working with a realtor. Luckily for realtors, these changes don't necessarily hurt, as long as they are able to adjust to the new relationship and realize that the new-style buyers value speed and efficiency over guidance when finding a home."? E-marketer, Internet Home Buyers Changing the House RulesThanks to the Internet and other technological innovations, more real estate information is freely available than ever before. As a result, consumers are demanding new choices, improved services, faster transactions and lower prices. According to a recent NAR survey, the number of sellers stating that they didn't want to pay a sales commission fee rose from 46 percent in 2003 to 61 percent in 2004. In 2004, 23 percent of Florida home sellers opted to sell independently without an agent, up from 14 percent in 2003 and nearly double the 14 percent national average, according to Planet Realtor.And Web-enabled consumers are demanding a high digital IQ when working with real estate professionals. In addition to being well-versed on their own industry-specific technology, real estate professionals now are expected to utilize laptops, mobile phones, digital cameras, personal digital assistants and global positioning systems to keep pace with Internet buyers and sellers.Downward pressure"If consumers are going to do their own home-shopping online, they expect to save some money, just as they would for using the self-service lane. That's why they are susceptible to online discount brokers and the new affinity companies that are promoting lower commissions if only the consumers will use their agents. These business models promote the idea to consumers that they ought to be paying less money in commissions."
For advises about Stock, Trading, Market Exchange, Investing Online, click the link.
For advises about Stock, Trading, Market Exchange, Investing Online, click the link.
More articles about money, investing, real estate, 1031 exchange tax law, foreclosure, trading, market exchange online and Loan, Mortgage, Credit, Leasing, Auctions, Debt Consolidation
About the Author
Mikeal is a specialist in stock investing. After 15 years in looking magical solutions, he consider is no easy method : You need to read and follow your instinct and increase your self-esteem in your dreams...Trust you mind and see the results.
Tell others about
this page:
Comments? Questions? Email Here