Will digital middlemen become toll booths for real estate agents?

How the balance of power between the industry's old and new intermediaries could evolve

Tech giants like Zillow Group, Facebook and Google are charging increasing fees for access to a growing share of homebuyers and sellers and tipping the scales in favor of agents and teams who can spend big, invest in technology and operate at lower margins. Smaller agents and big brokerages are under rising pressure to keep up.