A resale home has too many potential areas of uncertainty, at too significant a cost to think any large numbers of buyers will ever have the guts to click the “Buy Me” button. For now, and the foreseeable future, some work will be required on the ground to provide buyers with an accurate representation of the property, deal with the buyer’s concerns and fears, and then bring the buyer and seller to agreement. Perhaps Amazon could prove itself to be a valuable venue to advertise properties and as a listing agent it would be worth a try. Having said that, I doubt that would be of much interest to Amazon as it probably wouldn’t be a good fit with their current business model.

However, I have been wrong before.

Thanks Norm.

A house is a little trickier to represent accurately online. Buyers are often surprised at what they see when they get to a house as compared to the online representation. “It looks a lot better than it did online” or “This home sure shows better on the internet” are the kinds of comments that every agent has heard. Until some technology comes along which can more accurately give people “a feel” for the property, the neighborhood, the neighbors, etc. purchasing a home online will only work for the odd gutsy buyer. Given the fact that a home almost always makes the buyers “biggest transaction list,” the cost to view in person is relatively small for the comfort it provides.

Love your blog!

I can see amazon getting into some kind of RE marketing though, even if simply as a third party platform for others to provide service through. Struggling to think exactly how though.