GO
Loading...

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.

Read MoreHousing's mixed signals: Are we in a bubble or not?

Watch the above video for the Zillow chief's three reasons why real estate agents won't be going away anytime soon.

Introducing Morning Squawk: CNBC's before the bell news roundup

Sign up to receive Morning Squawk in your inbox each weekday › Sample


Contact Real Estate

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More
  • Diana Olick serves as CNBC's real estate correspondent as well as the editor of the Realty Check section on CNBC.com.

Latest Special Reports

  • Financial advisors stress that now is the time for investors to get serious about year-end financial planning checkup.

  • File photo: Participants at a hacking conference in Germany

    A series of high profile cyber attacks has created huge economic opportunity as businesses look to fend off future attacks.

  • Is an active twist on passive investing the right portfolio move? An inside look at the rise of ETF strategists.