Nate Rice and Dan Noma have been close friends for more than 20 years. Some years back, Nate's mother in law passed away and they inherited a piece of property from her. Wanting to put it up for sale, Nate submitted his property directly to Open Door -- unbeknownst to Dan who is a realtor. Let’s hear from a consumer perspective on his experience working with an iBuyer and how Dan realized this as a failure on his side and how he overcame it.
In this episode, we talked about:
10:22 - Nate's AHA moment.
14:44 - Why we still need Real Estate Agents.
26:16 - An agent’s fiduciary responsibility.
32:20 - What motivated Nate to go with an iBuyer.
43:05 - The future of iBuyers.
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