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Fragmentation and Automation of Real Estate Services
The future of real estate services is moving towards a model where consumers can choose specific services they want help with and what they are comfortable doing themselves. This approach involves fragmentation and automation of services leading to a significant reduction in fees. By leveraging technology such as AI tools and direct listing services, consumers can take charge of tasks like diligence, negotiations, finding properties, arranging open houses, and even analyzing disclosures, eliminating the need for a traditional real estate agent in some cases.