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I wonder about the breach of fiduciary duties when agents work so hard to limit the number of places where their listings are shown.
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Bob Crane
Stevens Point, WI
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630,251
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Gabe Sanders going forward it appears That the parent company of Realtor.com-- is going to fight to the death -- very interesting time
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Gabe Sanders
Stuart, FL
4,319,773
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Great suggestion, Caroline, on embedding our info into photos. The problem with that is that we are prohibited from doing that by our mls/RE/MAX agreement. Even our virtual tours needs to be neutral.
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They can order it direct from each mls service or through a 3rd party. Association will sell idx to anyone who signs up and pay.
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Ron Marshall Injuction is only a temporary stay until the suits get in there and start billing hours.
BIRDHOUSES ? really me too I make them from pallette wood as presents - going to look :)
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John Pusa since is smells like Monopoly I think it is going to be a long battle. Meanwhile make sure you have your other efforts that you own and control
HAPPY SELLING AND CLOSING AND GETTING EVERYONE INTO A BEAUTIFUL NEW HOME
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Debbie Reynolds I agree. I get more hits from my silly Pinterest page than many other efforts, go figure
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Silvia Dukes PA, REALTOR Then you will be immune to any lawsuit/ injuction/ slow down. I tried the paid ads - for lenders it is burning money on a bond fire
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Rudy Sedano That's a big portion of your business. Zillow has an office within walking distance of mine and they must grow to survive. They took the position of many Corporations to grow by aquisition. There are many new smaller contenders using the MLS - I myself use Home Scouting direct on MLS very effectively with buyers, shoppers, and even people who just like to snoop about the current value of their home. What other online rescources could be used to shore up or back up or be already up and running if somehow Zillow loses?
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Evelyn Johnston I'm always planning and thinking ahead. I believe this is a long term war. I'm surprised no Realtors see what many agents I know (whispered but not typed on Active Rain also owned by Zillow) that Zillow's rise to dominance is a major change for how real estate is sold.
Anyone using drones for photos and video 360 degrees as used in luc=xury hotels in Europe? As more costly images and listing preparations are completed upfront will everyone still want to give it for free?
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Debbie Laity some local Boards and state ones are balking about sending them. Of course each Realtor could upload to all the sites themselves this infographic reminds me of the Doctor Suess Book : All the Places You Will Go
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Inna Ivchenko it will change our marketing - the value of your own website, blogging, writing, and sharing becomes fresh news and Realtor.com may rank up higher than Zillow eventually when a consumer google searches. The value of keeping information on you own personally owned website (in case you leave) and own controlled blog about local information will end up being seen more frequently.
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Kathleen Luiten I think in Hawaii locals still want face to face contact but someone shopping online from snowy Massachusetts might use them and not call one of the 3 agents on the right who pay for the ads
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Sham Reddy for years Zillow has gained influence (and stock ticker price) by making consumers feel they are the go to source for listings and property valuations when infact they don't provide those services well. Listings can be a year old but the business model is to get advertising revenue. I suspect Zillow was ready to roll out its pilot of actually selling real estate direct in certain markets... ohhh thats a hot topic
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Nina Hollander Remax will continue to provide information - but does the listing agent get any calls from these sites? I suggested a year back that all listing agents should embed a clickable link to their own site in each image and put in contrasting color their phone contact
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- Teresa K. Nelson I would cancel the "paid" ad too - Trulia took down the ability to blog or do anything exciting and interactive - keep your unpaid information fresh! thanks
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I just cancelled my worthless Trulia paid subscription from which I have never received a good lead from. The my Zillow rep called to tell me my current ads world increase nearly 30%. Since my leads have gotten few and far between I cut my ad dollars in half and will use them else where.
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Not really, as RE/MAX syndicates to these sites. And you can always enter it manually.
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Trulia feed has been court ordered to continue until a hearing in March. Though it appears the gloves are off between the big boys in the game.
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I am hoping that as an industry we will try not to let someone else exploit our own data to sell it right back to us
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No. These aren't big players in our market on Kauai. Truila and Zillow leads have shown me they are mostly people just dreaming and not serious buyers in our market.
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I don't see a big deal in it. I personally never used List Hub.
Why do you think, it might change results of our marketing?
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I won't be changing anything if this happens. Although I think it will get worked out, and if you check with your local MLS I'll bet they are already working out a legal agreement to submit information to T.
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Eh, I think they are just playing hard to get, and a deal will be worked out.
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Caroline, myself and my team were at the Zillow conference here in San Antonio about a month ago where this was discussed. In numerous locations Zillow as direct agreements with area real estate boards and direct MLS feeds.
Trulia currently accepts feeds from other smaller syndicators.
Based on information provided, my understanding is that in our area specifically Zillow will have a direct feed from MLS. They did not discuss Trulia since their purchase had not been fully finalized and inidcations where that Trulia will continue to operate as a separate company.
All that being said, Zillow has been about 1/3 - 1/4 of my business and as I have grown my team, I have increased my investment with Zillow. If what I understand is correct in my area specifically, nothing changes with my strategy. We have a multi-avenue approach with marketing and advertising. If I see a severe down-turn in leads from Zillow, then I would adjust my strategy a bit.
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Caroline, except for the feeds, I'm not utilizing T nor Z. I don't anticipate this to change.
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No change at all. I planned to do more internet and social media exposure and that is still the plan. Z and T are not part of the equation.
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Caroline, court ordered listhub to continue feed information to Trulia for now.
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There was an injuction that has made List Hub still feed listings as of yesterday. Did that change?