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-----------> This message was posted to the ONLINE-NEWS list. <-----------

cfm@maine.com wrote:
> 
> -----------> This message was posted to the ONLINE-NEWS list. <-----------
> 
> > I need to own up to misquoting Tony on this. In a phone call this
> > morning, he tells me that I misunderstood his statement. What he
> > actually said, he tells me, is that it certainly is possible
> > and likely that people will search Web real estate databases and walk
> > into an agent's office with a list of several homes that they'd like
> > to look at. But it's "ludicrous" to believe that except in a very tiny
> > percentage of cases, that they will end up buying a house that they
> > found through such a Web search. He thinks that this will be the same
> > thing as a potential buyer circling a home ad in a newspaper and
> > bringing it in to an agent's office: It's highly unlikely that the
> > buyer will purchase one of those properties. It's Tony's assertion that
> > in the vast majority of cases, that will just bring in the customer to
> > the agent's office and the agent will help the buyer find the house
> > he/she ultimately purchases.
> 
> We just bought a house two weeks ago.
> 
> AFAIK it's ludicrous to believe that the house you circled in
> the paper is still on the market given the proceedures and time lag
> for updating, so yes, it is very unlikely you can buy the house you
> circled in the paper.
> 
> Online listings **should** be different.  In reality they are not
> much different.  My wife did a number of online searches and found
> them equally out of date.  So yes, ludicrous....
> 
Well nobody paid attention the first time so I will repeat myself. The
problem above would be solved by the total integration of all aspects of
the transaction as discussed below. The moment a sale closes that
property would automatically be taken off the listings. To compare
Internet potential applications to a newspaper listing is ludicrous....

The crux of the matter is that if the information is in a database the
technology exists to make any transaction easy, even buying a house.
Forget about Bill Gates. Just get the local on-line classified service
hooked up with the banks or mortgage companies and throw somebody into
the mix (a Realtor) who can work with an Internet savvy programer and
you can reduce the process down to filling out a few on-line forms.
These will process financing, check credit and move the money. Viola
house bought. 

If a house is on the market it is listed. You as a buyer find some that
match your profile and go visit (virtually in some cases). All houses
listed could have a portable internet connected computer terminal.
Something like a small automatic teller in a phone both that could be
moved to different locations easily. You like it. Punch in the requested
info and press buy.

May seem a little far fetched but something like to this will happen.
The Realtor could still be in the picture as the transporter and
guardian of the computer link. Tech Realtors will emerge who specialize
in profile matching and communication by e-mail.
-- 
Michael S. Garber * click below for business card * Mexico Communicates
          -> http://www.tou.com/host/mgarber/buscard.html <-

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