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Rainmaker
1,056,363
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I believe we will see changes that we will need tgo adapt to

Jul 02, 2019 04:54 AM
Rainmaker
801,638
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

No  People want to work with people when buying a home... its a trust factor along with the knowledge and information.

 

Jul 02, 2019 01:04 AM
Rainmaker
2,080,887
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

No, I don't even see artificial intelligence forcing out those agents we all know who have NO INTELLIGENCE  Paul S. Henderson, REALTOR®, CRS .

Jul 02, 2019 05:49 AM
Rainmaker
538,326
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

Artificial intelligence is a joke. they can't get spellcheck, voice to text, or operating systems to work properly and they expect us to believe they are on the verge of creating AI.
Our business is safe.

Jul 02, 2019 05:20 AM
Rainmaker
2,156,177
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Not at all. 

Jul 02, 2019 04:16 AM
Rainmaker
981,713
Peter Mohylsky
PMI. Destin - Miramar Beach, FL

Not at all, it requires too much pers

Jul 02, 2019 04:09 AM
Rainmaker
4,353,693
Richard Weeks
Dallas, TX
REALTOR®, Broker

I don't think so.

Jul 02, 2019 03:30 AM
Rainmaker
468,849
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Paying for leads or otherwise supporting entities that want to get between RE Agents and the public will only aid or facilitate any deterioration of our position and/or our profession.

Jul 02, 2019 06:21 AM
Rainmaker
3,384,796
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

NO, the more big business takes over with discount models, the more consumers appreciate great personal service. Those providing great service rise to the top while order takers will get displaced

Jul 02, 2019 05:13 AM
Rainmaker
1,598,130
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

I don't think so.

Jul 02, 2019 05:06 AM
Rainmaker
4,570,487
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No, the small operators will always have a place. People, most people, want some human contact

Jul 02, 2019 04:25 AM
Rainmaker
3,622,907
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Not so much, the law suit about commissions ,may or will ,change the way business is done, should the litigant that filed it wins

Jul 02, 2019 02:42 AM
Rainmaker
432,539
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

That is a big question. Right now real estate is hot. There is money to be made with a minimal of effort. That scenario is ripe for corporate involvement. What happens when the market turns? When it gets harder and more costly to sell, corporations may find it difficult to justify their involvement. They may remove themselves.

Even if the process is mostly automated, they may find other ventures to make more money. I have sold properties where I made only a few hundred dollars. I did it because it was a piece of the pie. I am not sure that a corporate brokerage could support such a small commission.

Jul 02, 2019 08:40 AM
Rainmaker
1,000,152
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

1. Only if we let it...if you rely on big business to generate your business, very possibly BUT those agents who adapt and adjust will be fine.

2. Our world has become so impersonal and continues to be more so every day so there will always be a place for the personal touch, not just in real estate. We need to learn to use AI to our advantage rather than being intimidated by it.

If you think you are doomed, you are.

 

Jul 02, 2019 07:15 AM
Rainmaker
945,991
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I'd settle for HUMAN INTELLIGENCE many days! LOLLL

Jul 02, 2019 05:50 AM
Rainmaker
5,580,884
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

OMG....no.... people need people.... not artificial intelligence of any sort....

Jul 02, 2019 05:43 AM
Rainmaker
4,494,195
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Can't say I've given this a lot of thought. I'll be long retired by the time this comes around, if it comes around. In a sense, companies like RE/MAX, Coldwell Banker, Keller Williams, Century 21 and some of the huge brokerages in NYC are already "big business."

Jul 02, 2019 04:49 AM
Rainmaker
2,066,224
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Not really.

Jul 02, 2019 07:28 PM
Rainer
117,085
Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

Thiings are changing  and we as an industry need to adapt or willl go by the wayside.  CAb companies Vs Uber,    Blockbuster vs Netflix and downloads. We just need to be on the cutting edge and evolve as needed.  

Jul 02, 2019 05:02 PM
Rainmaker
1,025,002
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Change is always afoot. I an unable to forecast the future.

Jul 02, 2019 12:29 PM
Ambassador
3,158,850
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

No. AI does not make connections of trust and cannot give hugs. 

Jul 02, 2019 08:28 AM
Rainmaker
584,093
Jason E. Gordon
AmeriFirst Financial Inc, San Diego, CA - San Diego, CA
Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE

Advancing technology will continue to allow these companies to infiltrate more of our collective market share (real estate & mortgage professionals). It is best not to underestimate these companies who are fueled by deep pocketed investors...especially if they successfully convince our future clients that we are overpaid and/or unnecessary (and/or that their technology process is more consumer-friendly).  Perception is reality, and the Consumer is the one who gets to decide what they perceive. 

There will still be Clients who appreciate our personable service, the question is what percentage of total market share this population will represent.  

Jul 02, 2019 07:58 AM
Rainmaker
2,691,624
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Yes but in the end it will be technology that will become the "new" age agent

Jul 02, 2019 05:55 AM
Rainmaker
916,048
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It will not end. However, the big business to which you refer will dig their hands deeper into agents pocket and make it increasingly difficult and expensive for the agent to connect with the home owner/buyer.

Jul 02, 2019 05:08 AM
Rainmaker
508,854
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

This business is evolving but I think in the end it is a people business.  

Jul 03, 2019 09:27 AM
Ambassador
5,756,461
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Things will change, we do need to keep our game changing along with it.

Jul 02, 2019 01:20 PM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Change is inevitable, but how it breaks out is anyone's guess.

Jul 02, 2019 12:38 PM
Rainmaker
5,767,466
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Artificial intelligence is as intelligent as the programmer, and is an oxymoron.  A

Jul 02, 2019 12:38 PM
Rainmaker
1,430,661
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I think it will come to pass.  It will be a fad and people will use it with disasterous results.  Then it will fade away.  May take a few years for the cycle to fully happen, but agents will never be out of the picture.  There will always be a need for real intelligence... until SkyNet takes over and wipes us all out...

Jul 02, 2019 10:53 AM
Ambassador
2,784,629
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
St. George Utah Area Residential Sales Agent

No.

Jul 02, 2019 10:43 AM
Rainer
155,427
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

Big business and artificial intelligence will change the business, but not take over.  When the internet was invented, people said that would take over the business.  It has undoubtedly changed the business, but there are still agents who go door-to-door.

I think Darwin said something like, it's not the smartest or even the strongest who survive, it's those that are most adaptive to change.

The industry will have to adapt to artificial intelligence and big business just like it had to adapt to the internet.  But the industry will not disappear because of it.  

Jul 02, 2019 06:46 AM
Ambassador
4,554,616
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Not at all. For as long as I've been in the business, I have been a believer that this is a relationship business.

AI is a force to be reckoned with but, I believe the consumer will speak - and personal will win over AI, hands-down.

Jul 03, 2019 05:19 AM
Rainmaker
1,672,415
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

It already is occurring and is driven by the free and easy information on the net empowering the public to think they know more than we do

Jul 02, 2019 11:47 AM
Rainmaker
4,265,115
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I wonder about artificial intelligence.  Actually I have heard the search for intelligent life is an ongoing adventure.  I imagine this is true in all things real estate-related as well.  

Jul 02, 2019 09:03 AM
Rainmaker
7,039,508
Roy Kelley
Retired - Gaithersburg, MD

Not this year.

Jul 02, 2019 06:58 AM
Rainmaker
1,184,075
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

For about 10 years. Robots are doing open house. 1% solution is getting bigger force #1 in America taking concessions. 

AI has been around for 30 years. With better internet these SQL queries, image recognization database get everything blown out of proportion.  The theories have been around for decades.

Jul 02, 2019 08:29 AM
Rainmaker
5,327,204
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It does seem AI is taking over! 

Jul 25, 2019 07:31 PM