With more than $ 1.4bn invested into real estate agencies , according to Bloomberg , high street estate agents , who have been slow to embrace technology , are in danger of becoming obsolete . If you have photos or floor plans of a property, then why pay for them as one big package when the photos are exactly the same as they were 12 months ago and a floor plan doesn’t really change very often.” The new online estate agents , without the huge costs of paper - based rent and staff , can offer cheaper and more flexible services to consumers , 90 % of whom begin their search online .
With more than $ 1.4bn invested into real estate agencies , according to Bloomberg , high street estate agents , who have been slow to embrace technology , are in danger of becoming obsolete . The new online estate agents , without the huge costs of paper - based rent and staff , can offer cheaper and more flexible services to consumers , 90 % of whom begin their search online .