Not according to a recent survey from the National Association of Realtors in the United States. Although these figures are not Canadian they still reflect what is happening in North America. Using the Internet among consumers in the homebuying process continues to grow, but buyer are more, not less, likely to use a real estate agent. About 91% of Buyers start their search on the Internet, but the internet does not replace the real estate agent in the transaction, the report said.
Among both buyers and sellers, the most common way they found their real estate agent was through a referral from a friend, family member or neighbour. The skills buyers valued in an agent was honesty and integrity, market knowledge, knowledge of the purchasing process, responsiveness and negotiating skills.
Although technology has made things easier in many areas, Real Estate is still a face to face business!