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Sign into your accountCan Blockchain Restore Trust in Real Estate Transactions?
January 07 2018
Why are we even talking about trust in real estate transactions?
In a poll of 1,147 adults, 67.5 percent of Americans reported that they do not trust real estate agents. This poll, sponsored by Choice Home Warranty, and released by Google Consumer Surveys in October 2013, rated real estate agents just slightly higher than journalists, who were not trusted by 74 percent of respondents. Based on a Gallup poll in 2012, real estate agents are trusted roughly as well as bankers and chiropractors.
An August 1, 2016 post on Houwzer.com reported that the level of mistrust was nearly 73 percent for those between 18-24 years old.
Houwzer, of course, has a personal stake in this discussion. Their agents are on salary, which they find supports trust more than commissions. But that does not negate the data.