Do people need dentists? I do my own dental work in the garage with a dremel tool. I don’t think everybody is ready to do that. Newguy does not need Realtors.
I don’t think real estate is going to change that dramatically. Too many people need the consulting on the market,intricacies of the loan, the transaction, construction isues,how to avoid getting hurt ect. When people realize that every escrow is like giving birth it will become less popular.The paper work is simple when things go well. The deals and the decisions about choosing to write offers or accept them and for how much are not. An experienced Realtor is way better at screening houses and real estate players than the average person. A realtor frequently helps shield the lying buyer from the lying seller or visa versa in a high stakes game and that social service shouldn’t be underestimated.Some sellers and buyers get along fantastically but way too many shouldn’t get too close to each other.I have made sellers be honest who would have gotten themselves sued big time.Many couples really need help figuring out who is going to make the ultimate decision. Social work again. Many really do need an impartial third party. As stated by all, many people don’t need one for the easy transactions. Just make sure that house you or you and your partner falls for ends up being the one that comes with the trouble free transaction.Oh and when it gets really screwd up ,which it shouldn’t if someone knows what they are doing(but does sometimes even for the best of them), is the lawyer going to stick around until the dust settles for free?
Disclaimer: I don’t care what anybody does.I don’t think we are indispensable to everyone.If something better comes along good.