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Updated over 4 years ago on . Most recent reply

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32
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7
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Grace Navera
  • Cincinnati, OH
7
Votes |
32
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Future of home sales - no agent?!

Grace Navera
  • Cincinnati, OH
Posted

I came across an article about a new start up In Cincinnati called Homeshake. It claims their product will replace the services that a real estate agent provides in a home sale. Has anyone looked into this? I’d be curious to hear thoughts- will it be successful? Would you try to use it?

Most Popular Reply

User Stats

506
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331
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Sean Cole
  • Investor
  • Cincinnati, OH
331
Votes |
506
Posts
Sean Cole
  • Investor
  • Cincinnati, OH
Replied

@Grace Navera, the article (I also read it) said that they'd just completed their first transaction.  I'm guessing that neither party is on BP since it was a retail sale.

Lots of folks have said that their product or service was going to replace real estate agents, and it hasn't happened yet.  Heck, there's even limited service real estate agents that will list your house for $500.  

Homeshake really just puts a lot of pretty words around the fact that it's just another FSBO platform, and charges you $1,000 to list your house on their platform. Without the benefit of a listing agent, your home won't be listed on places where 90% of homebuyers are looking - the MLS and feeds from the MLS.

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