Real estate lawsuits galore. The lawyers will have a field day with these new platforms and rules about agents not getting paid. Nobody to look out for the buyers and sellers. Good luck with that! The lawyers are scum.
A friend I grew up with, has a real estate team, and are ranked #6th in the state for volume sold. They have just over $1.75 Billion in all time sales.
They have said for years, that eventually the real estate agent will become obsolete, and move to exactly what Xome is now doing.