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Realtyzoom-socal.com works to meet consumer demand for lower fees while attempting to the challenges that have prevented more established names from scaling in a manner consistent with other large franchise operators like Keller-Williams, RE/MAX, Southeby's and Warren Buffet's company, Berkshire Hathaway.
Discount real estate brokerage fees by a full service firm has entered the Los Angeles market. While there have always been discount agents, the service provided was often missing key elements necessary to have real estate marketed in the same manner as a full service firm....until now. Realtyzoom-socal.com has bridged the divide and offers full service brokerage and marketing services at a discounted real estate fee.
Is real estate the next industry to be disrupted by Blockchain Technology? Many say it is and will soon follow the travel industry and brokerage firms in the financial services industry. Firms like Charles Schwab, E-Trade, TD Ameritrade and others dominate the market for stock brokers. Firms like Travelocity and Priceline.com have changed the travel industry. However, this form of disruption has not come to real estate. Why? The same reason Blockchain Technology will have a challenge. The human factor. Unlike the financial market and travel industries, real estate transactions are actually labor intensive and requires disclosures that don't lend themselves well to a distributed ledger. We will further examine this subject in our next Blog Post.