Subject: Re: 'What, Me Worry' about real estate classified online From: wilt@rt66.com (bill wilt) Date: Thu, 16 Jul 1998 10:20:32 -0400

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Responding to Steve's post:


>My argument would be that a home sale is simply too complex for the agent 
>to get pushed out of the picture for the majority of sales. I forget who 
>gave me this tidbit, but the typical home sale and loan process is touched 
>by more than 40 people. (Having gone through it myself, I'm inclined to 
>believe that figure.) The stakes are just too high for me as a seller to 
>screw something up and to waste my valuable time figuring out all the 
>steps I have to take to do it myself. And as long as the majority of 
>home sellers remain intimidated by the process (whether that's based on 
>the reality of the situation or not I won't say, but that's the perception 
>even among otherwise intelligent people), agents will remain in the loop 
>-- ergo, newspaper real estate advertising will continue on, impacted but 
>not severely damaged. (IMHO)
>

Imagine if Gate's effort and Intuit's to become a mortgage lender were effectively focused, and the web-site had "time-management" or scheduling tools, and credit-worthiness checking tools, to help bring down the number of hands touching the process, or to have them all connected, focused at a web-site.

Wouldn't that make a dent in current practices.

bw

--
Bill Wilt                 http://www.rt66.com/wilt/
How do you add value in a two-way, all-digital world that you couldn't before?   
   e-mail: wilt@RT66.com      fax: 781-209.1983     voice: 781-209.1982
        145 Black Bear Drive, # 2028, Waltham, Massachusetts 02451-0225
--



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