1,052,211
OK:
I do not think Costar will choke out Zillow . . . but they have sure become LIKE Zillow which is why I won't give them my specific data, and I do not believe I am alone in this . . . their 'research associates' change as frequently as undies and they call incessantly usually on a Monday morning or Friday afternoon, yeah the best times to bother a broker, to ask for free data that they charge us for, then sell to others? F dat. They never get a hold of me and I keep my listings updated which is all they need to know!
MLS can't protect itself; they screwed the pooch when they invited the Z-vampire into their lives. But Costar is not residential and Z is not commercial. So most MLSs should be focusing on better residential solutions and tools for THEIR members.
PS: our MLS is proactive AF, the penalty for sharing passwords is high (relative to our area), and they fine folks and then they share the stats - how many fines and for what - so we know they're not just giving warnings. Violations went WAY down when they quit giving chances.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Mimi Foster
Colorado Springs, CO
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Bob "RealMan" Timm
Minot, ND
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Wanda Kubat-Nerdin - W...
St. George, UT
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Eileen Burns 954.483.3912
Fort Lauderdale, FL
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Lyn Sims
Schaumburg, IL
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Carla Freund
Raleigh, NC
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Brian England
Gilbert, AZ
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Kris Collis, Associate...
East Stroudsburg, PA
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Pete Xavier
Pacific Palisades, CA
6,393,609
Zillow never really had an impact on my business, I suspect I will be able to ignore this disruptor too.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Bob Crane
Stevens Point, WI
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Brian England
Gilbert, AZ
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Kris Collis, Associate...
East Stroudsburg, PA
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Bob "RealMan" Timm
Minot, ND
3,345,091
Well now, I learned more today reading this ... searching Mr. G, and reading the comments. I am glad Emily Medvec asked for more information and you provided it Caroline Gerardo
How do we protect our MLS? Great question!
I see this as another opportunity for MLS's to let more horses out of the barn.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Brian England
Gilbert, AZ
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Kris Collis, Associate...
East Stroudsburg, PA
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Kathleen Daniels, Prob...
San Jose, CA
3,125,842
Candice A. Donofrio is a commercial agent and may have some insight here.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Lyn Sims
Schaumburg, IL
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Brian England
Gilbert, AZ
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Kris Collis, Associate...
East Stroudsburg, PA
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Candice A. Donofrio
Fort Mohave, AZ
459,182
First, I am clueless beyond knowing about the CoStar 250mn purchase of homes.com and homesnap. Can you provide more info on how they are going to zap our MLS system.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
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Bob "RealMan" Timm
Minot, ND
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Brian England
Gilbert, AZ
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John Pusa
Glendale, CA
2,781,173
The MLS reminds me of a type of sitting duck i.e., vulnerable to something better, faster and cheaper coming along. THINK: the game king of the mountain where the existing ruler gets pushed and another takes the reigns for now...always for now
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Richie Alan Naggar
Riverside, CA
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Emily Medvec
Santa Fe, NM
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Bob "RealMan" Timm
Minot, ND
4,693,341
I know nothing about Costar but I know that I don't care much for zillow, haha.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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John Pusa
Glendale, CA
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Bob "RealMan" Timm
Minot, ND
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Candice A. Donofrio
Fort Mohave, AZ
4,160,899
Hello Caroline Gerardo it is an important topic to fallow, and hopefully all will benefit and protect MLS.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Brian England
Gilbert, AZ
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Kris Collis, Associate...
East Stroudsburg, PA
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Bob "RealMan" Timm
Minot, ND
1,196,798
Competition creates more focus and efficiency, imo. That which will survive will do so because they stayed involved and made adjustments to stay competitive
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Kathleen Daniels, Prob...
San Jose, CA
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John Pusa
Glendale, CA
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
378,517
my wife runs my local MLS and it's small and very unique. And if people start photographing listings in my state to advertise without written authority they are going to have a problem.
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
821,135
When CoStar acquired Loopnet they forced signups for information that agents willing provided to them to build their commercial business model. Not only do they have a broker program that includes multiple monthly payment investments for often times accurate information; but they then go after each agent in that office to sign up for their own account for access. National companies have no problem with this model. However, boutique offices have limited budgets.
CoStar is becoming a monopoly with their acquisition campaign. Make no mistake they have very deep pockets and can penetrate any market space.
My local Board has made a contract with One Home to deliver our status information and I feel they do not deliver accurate updates every 15 minutes as Realtors advertise to differentiate themselves.
Why is it Zillow will haunt you with your criteria imput at locations outside the scope of your 4 counties and we have to pay for that information from our local Boards?
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Candice A. Donofrio
Fort Mohave, AZ
337,854
We don't have a true MLS here in NYC. Citysnap (Co-star) just launched a few months ago. I don't find Citysnap usable as it exists today- typically missing a huge percentage of listings. Streeteasy (owned by Zillow) is the most comprehensive listings site for my market that I have accessible- but I prefer using a NYC home grown site for brokers - despite missing a lot of the listings and that it's ridiculously slow- it does have the most searchable ways for me to search for properties for clients- and then supplemented by Streeteasy.
Costar is still trying to win over the brokers here with Citysnap...but they are going to have to make massive changes to their systems before they win me over (and lots of other brokers here too). I think they spent too much time, energy effort launching a generic system without considering our market and a lot of the brokers I have spoken to tried it once and have not used it since.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Candice A. Donofrio
Fort Mohave, AZ
1,844,301
Costar/Homesnap is not choking out anything. Another 'upstart blend' that's got too much 'wind' in the media.
MLS problems with shared passwords? Since when? It's been made a top offense in all boards. A rare problem.
Do you really believe Notorious Bob's OPINION. Dude has never sold a house in his frickin' life yet he has lots & lots to always say.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Pete Xavier
Pacific Palisades, CA
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Candice A. Donofrio
Fort Mohave, AZ
763,883
I don't promote any other company other than my own. Zillow isn't going anywhere for quite a few decades. They are well established. It took a century and general motors is still around just like general electric.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Kris Collis, Associate...
East Stroudsburg, PA
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Bob "RealMan" Timm
Minot, ND
5,230,113
I don't sell commercial property but, I feel that our MLS Boards are always behind the 8-ball. So, not sure what will come of this for commercial brokers.
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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John Pusa
Glendale, CA
1,502,998
Homes.com and Homesnap are not major players. Was not aware of CoStar buying them, but I don't have any issues with it. Their expertise is commercial. I think this is the wrong move for them and it'll take a large capital expenditure to make either of those companies viable competitors in the residential space.
I don't see this ending well for them. With so many "disruptors" on life support and the US and world economies in turmoil... I would not be pursuing this purchase at this time if I were CoStar.
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Debe Maxwell, CRS
Charlotte, NC
2,061,864
I am familiar with CoStar, but am unfamiliar with the controversy. Thanks for bringing it to my attention.
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
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Bob "RealMan" Timm
Minot, ND
901,535
I honestly didn't know a lot about this. I thought CoStar was only commercial. I've also heard they weren't very good at the commercial piece but I've never personally used them. Let Z and Costar waste their time trying to outdo one another.
On another note, I really wish our MLS would come up with a way to protect data. Honestly, we work hard to collect data and share with good intentions. Others are benefiting from it and exploiting it.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
5,216,409
Being retired, no skin in the game! So parked and reading.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
2,390,620
What is my opinion? I don't have a horse in the race Caroline Gerardo but when I listed commercial I enjoyed working with Costar and never had a hassle with them. Never heard the accusation of them being litigious so I'll ask you: With who? Over what?
As you know I am now retired so maybe I missed something here.
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Debe Maxwell, CRS
Charlotte, NC
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Brian England
Gilbert, AZ
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John Pusa
Glendale, CA
131,374
Hi Caroline, When Z raised its head 16+ years ago, I warned our Long Island MLS to do more online advertising to compete. Was there a law that we had to provide them with all our listings? Not sure, but that is what did us in and those who paid them crazy money to sell back to their agents the client information. From what I understand their monthly budget is around $12,000,000, which is paid for by all the agents paying for their subscriptions. The majority of MLSs around the U.S. were way late to the game and allowed the techs to infiltrate our business. But was it really better for the sellers and buyers? If you base it on the sometimes crazy and sometimes inaccurate info and the way that they do their marketing and advertise properties to have your phone ring, I truly don't think so. Especially when you find out that what is advertised is noted in small print as "not on the market" but seems to be unless you have 20/20 vision, lol