The traditional Real Estate “brick & mortar” brokers (Prudential, Coldwell Banker, Remax, Keller Williams, etc) have been feeling the pain of the last two years.  With less agents and less business to support their large infrastructure, their balance sheets have taken a major hit.

However, the number 1 reason for the decline of the brick & mortar broker’s business is technology.  In the past, buyers and sellers were dependent on these large companies for resale data, access to listings and agents.  Technology has changed the landscape of the Real Estate industry.  Now consumers can find all of the information they need on the internet, including agent referrals and lenders.

We have found that buyers come to us prepared and having selected us because they feel we suit there needs.

Let us know if you have questions.

Best regards,

Mark and Kari Shea
San Diego Real Estate Experts
Foreclosure, Short Sale & Investment Specialists,
Development Opportunities & Traditional Real Estate

This entry was posted on Thursday, April 30th, 2009 at 10:14 pm and is filed under Buying Real Estate, Real Estate Brokers, Technology and Real Estate, Real Estate Agents, Real Estate News, Marketing and Advertising. You can subscribe via RSS 2.0 feed to this post's comments. You can skip to the end and leave a response. Pinging is currently not allowed.