Are Real Estate Agents Becoming OBSOLETE?

[GetSmart]

So long as agents are cheaper than lawyers,

This is incorrect, using an attorney is cheaper than using an agent. attorneys only charge around $1,500 for both sides of transaction here in NC and probably $1,700 if you need them to draw up the purchase and sales agreement. here the average fee for a real estate agent on a $200,000 home is around $12,000, so you can save at least $10,000 selling by owner.

real estate agents are just a one stop shop. if you want to save the money you can do what an agent does and make a few calls. Once you get mortgage brokers, inspectors and closing attorneys in line, they will do the rest, and handle the closing. plus with flat fee listings, you can cut the commission in half, and have the buyers agent meet at an attorneys office and sign all the paperwork.

[lake agent]

"Price is what you pay quality is what you get"