Real Estate agent’s job has been oneof the lucrative jobs that most business personnel have opt to consider. Technological invention such as smartphones proves to be a threat to the Real Estate agent’s job. Real estate agent jobs involve the real estate brokers, brokerage clerks and telemarketers. There is a lot of technological disruption that is seeing the real estate agent jobs fade away. Here is the reason why;
Young and vibrant consumers do require new ways of doing real-estate business.
Our current economy can be defined as “the sharing economy.” The sharing economy implicates that people do prefer rent or borrow goods rather than buying or owning their goods. This comes with its implications which includes ageing and doing away of the old real estate ideas.
Technology is taking over.
With the availability of smartphones and other robotic devices, most people do prefer them when in search of a home. This has placed the jobs pf the realtors at risk. Robotic devices can perform many tasks, and now they are incorporated in the real estate market. In addition to that, the automated systems do require a certain level of skills which the old real estate agent do not have.
Blockchain Technology is turning Realtors into Data Miners.
Data is very important, especially when making any investment decisions. The Blockchain technology Is of the forces that are highly dominating the real estate industry. This technology is what is leading to the automation of all the processors. In the long run, all the skills and jobs that the realtors were doing will be automated. Well, but for automation to work, it needs data. Hence most of the realtors will be turned into data collectors.
From the analysis above, it’s clear that all the blame goes to technology. Automation doesn’t have an impact on the Real estate agent’s job only, but it’s a force on all other job sectors. As a realtor its time you have to change our skills. You need to have all it takes to be a reckoning force in the market. Algorithms might look forward to taking over your job if you are not prepared.
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