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Updated almost 7 years ago on . Most recent reply

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Kyle Miller
  • Alhambra, CA
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Vague piece on using online brokerages/fsbo... Thoughts?

Kyle Miller
  • Alhambra, CA
Posted

I'm a relatively new agent. Came across this article outlining some online home selling services . Are these companies actually gaining in popularity? Anything to be worried about? Thanks

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Many of these companies operate at a loss. As is typical, companies operating at a loss have a high failure rate when we enter a recession. Expect somewhere in the range of 50% of them to go under during the next recession.

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