Should Real estate agent's commission to be Regulated?

[Erez Jonathan]

As technology gets smarter and consumers are more educated the need of a real estate agent nowadays in selling and buying real estate becomes a big question. That means that the commission paid to real estate agents is in a very high danger.This is a question that many sellers and buyers have in mind. 

We all need an insurance company for our vehicles, for our medical and for our general insurance needs. We cannot insure ourselves and save the money we pay to those insurance companies.

So the question is what is the meaning of being a licensed real estate agent while in reality there is no real need for a real estate agent services to sell or buy real estate.