You might be surprised who is touting the value of real estate agents

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A REALTOR® gesturing while standing next to another man while both look at something behind the camera

04/18/2014 | Author: Marty Kramer

I do not expect real estate agents to go away at all. In fact, I think that they’re a very integral part of the transaction. I don’t think that will ever change.

Sounds like something a real estate agent might say. Or maybe the chairman of the Texas Association of REALTORS®. The quote, though, comes from Zillow CEO Spencer Rascoff.

Yes, the head of one of the real estate valuation websites that some pundits thought would hasten the demise of real estate agents recently went on CNBC’s “Squawk Box” to tout the great value real estate agents bring to real estate transactions.

The praise from Rascoff appears to be based at least partially on first-hand experience, as he complimented his real estate agent’s advice for his own home purchase in 2012

Categories: Buyers, Sellers, Landlords, Renters
Tags: buying, sellers, selling, buyers, consumers, negotiation, renters, leasing


Comments

Art on 04/18/2014

Right. Ever heard of passive aggressive back stabbing?

Judy McKee on 04/18/2014

Why would he not say that, Spencer Rascoff, CEO of Zillow! He makes money off of agents who sign up for Zillow services. Agents who sign up have fallen victim of being sold their own leads, plus giving Zillow the same information the REALTOR family provides through MLS. Falling for the saying the public always goes to Zillow first is false and misleading. He has our industry believing it when MLS Uploads to every search engine out there. They do not have anything the REALTOR family all ready has! Hey fellow REALTOR quit being so naïve!


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