3 reasons real estate agents are worth their 6% cut

3 reasons real estate agents are worth their 6% cut

Even in this age of the Internet, real estate agents are still a “very integral” part of buying and selling homes, Zillow CEO Spencer Rascoff told CNBC’s “Squawk Box” on Wednesday.

It may seem like a counterintuitive statement from a pioneer in the online proliferation of housing data. But Rascoff said the efforts of his company and others will force agents to evolve.

Watch the below video for the Zillow chief’s three reasons why real estate agents won’t be going away anytime soon: