Agents Can Keep Afloat Despite Disruption with eXp World Holdings’ (EXPI) Cloud Brokerage
A study completed at Oxford University in the U.K. (http://nnw.fm/n8bWE) on jobs that were most likely to be replaced by computerization placed real estate brokers at number 40 out of the 702 positions surveyed, with a 97 percent chance of losing out to computers. Digital technologies are disrupting many industries, particularly those whose raison d’être is the reduction of information asymmetries. Upstarts like Airbnb and Uber Technologies have revolutionized business paradigms, and the waves of disruption are already lapping on the shores of the real estate domain. The real estate industry will have to keep up or give up. With…