“It was the best of times, it was the worst of times…”
The first sentence of A Tale of Two Cities by Charles Dickens applies to our world today, just as it did in 1859. There is little doubt 2020 will go down in the history books for many reasons, including a tectonic shift in home buying and selling.
The slow migration from big cities like New York and San Francisco to so-called secondary cities like Austin and Denver accelerated to a rapid pace when Covid-19 hit in March—as did consumer demand for an entirely digital way to buy and sell homes. The only question now is this: will 2020 go down as the beginning of the end of the real estate agent?
The good news is that agents get to write their own ending.
Zillow and Opendoor both dropped a bomb on real estate agents within the last month,