3 reasons real estate agents are worth the 6% cut

Even in this age of the Internet, real estate agents are still a "very integral" part of buying and selling homes, Zillow (Z) 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.

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