Real Estate Confronts Bundled Services
Stefan Swanepoel Ann Randolph-Murray
26 pages, RealSure 2005
Real Estate Confronts Bundled Services
Real Estate Report: On an average business day 20 to 25 thousand residential real estate purchase or sale transactions take place. These are complex transactions involving multiple companies in the industry that provide a wide range of real estate services: brokerage, mortgage, title insurance, legal, escrow, home inspection and warranty, property and casualty insurance, utility, communication and a host of other transactional and post-transactional services. As is so frequently the case, the current system in place is antiquated and fails to provide the emerging and changing buyers what they want. This real estate report / white paper discusses “one stop shopping,” "bundling" and "packaging" and how these new services are required for closing an integrated home purchase transaction.
|