All of the following statements about the online real estate services market are true
except:
A) most people use the Internet to search for a home, but still use the services of a real
estate agent to complete the purchase.
B) real estate differs from other types of online financial services because it is
impossible to complete a property transaction online.
C) the primary service offered by real estate sites is a listing of houses available.
D) the Internet and e-commerce have created significant disintermediation in the real
estate marketplace.
Virtual merchants face potentially large costs for all of the following except:
A) building and maintaining a Web site.
B) building and maintaining physical stores.
C) building an order fulfillment infrastructure.
D) developing a brand name.