Where Agent’s Importance Particularly Diminishes

An agent’s importance particularly diminishes in scenarios of greater:

  1. automated processes
  2. firm pricing
  3. strong seller autonomy
  4. abundant buyer demand that limits negotiation leverage
  5. and/or markets where buyers and sellers have sufficient information to transact with minimal guidance.

In such cases, price and market signals dominate, while the incremental value of an agent’s/broker’s expertise diminishes.

In short, the real estate brokerage industry is about to hit the perfect storm.

  1. https://movewithmomentum.com/blog/why-real-estate-agents-are-mostly-broke
  2. https://kristamashore.com/why-some-succeed-and-others-dont-factors-that-affect-the-success-rate-of-real-estate-agents/
  3. https://creschool.com/how-does-a-down-market-impact-your-income-as-a-real-estate-agent/
  4. https://www.tomferry.com/blog/87-of-all-agents-fail-in-real-estate/
  5. https://www.propstream.com/real-estate-agent-blog/why-do-real-estate-agents-fail-10-reasons-how-to-avoid-them
  6. https://www.boxbrownie.com/b/why-do-most-real-estate-agents-fail-and-how-not-to-become-a-statistic
  7. https://myrealestatetutor.com/why-do-real-estate-agents-fail/
  8. https://relitix.com/the-data-on-why-real-estate-agents-leave-brokerages/