Should Realtors share listings on websites such as YouTube, Trulia, Zillow, Realtor.com, Etc.?


ARG Abbott Realty Group Broker and President Jim Abbott explains why ARG listings will no longer be permitted on 3rd party syndicator sites such as trulia, zillow, and realtor.com

Interesting opinion from Mr Abbott that has me wondering, do I agree with his opinion or disagree.

He has valid points.  Now what to do, since I use these syndication sites extensively in our real estate business.
I solicit your opinions, pro or con, to help us all decide on what path to follow.

Thanx

JB

This entry was published on January 29, 2012 at 9:44 AM. It’s filed under Canyon Lake Real Estate News and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post.

8 thoughts on “Should Realtors share listings on websites such as YouTube, Trulia, Zillow, Realtor.com, Etc.?

  1. Hi JB,

    Brad from Zillow here. Something to consider is will consumers agree?

    Sellers hire a brokerage to market and sell their homes, a big part of which is marketing the homes to the broadest audience possible. The real losers in this situation are home sellers, and the agents who represent them. If a brokerage isn’t marketing a listing on Zillow, it isn’t seen across the largest real estate network in the country, or across the most popular platform of mobile real estate apps.

    In December, more than 23 million unique users visited Zillow’s websites and mobile apps. On a mobile device alone, home shoppers viewed nearly 100 million homes in December via Zillow; that’s 36 homes per second on mobile!

  2. Brad thanx for the input. Zillow & other like orgs are an important part of the marketing.

    My biggest problem is I’m providing the information for free that you sell back to me. The Zestimates that Zillow issues are problems for Realtors & Sellers. I don’t know about other markets, but in my area Zestimates are wrong! This Automated Value Marketing stuff needs to go away.

    I don’t like the idea of selling a prospect to a Realtor who knows nothing of the listing or area in which the listing is in. I see it way to often in my area.

    JB

  3. JB – Thanks for your response.

    We do not sell back the information you provide for free, not sure what you mean by that? Setting up your profile is Free, your listings on the site via syndication is free, showing up as the listing agent on your property listings is free.

    Regarding the Zestimates, these are merely a starting point for consumers who are interested in accessing data and information via their home computers and mobile devices. Just like webmd.com, they are not appraisals or a diagnosis.

    You’ll find that we offer a Data Coverage and Zestimate® Accuracy chart located at:
    http://www.zillow.com/howto/DataCoverageZestimateAccuracy.htm for greater details and a breakdown of the Zestimates.

    We ALWAYS recommend consumers use a local agent or appraiser for getting the fair market value of their property, and many are finding those agents and professionals on our site.

    I hope this is helpful to you and your readers, if you ever need any additional information, feel free to contact me anytime, my door is always open. Thanks.

    • Well I would have to disagree. Today while zooming thru Zillow I came upon one of our listings. I decided to test Contact the Agent. It only works if you contact the agents that pay for the service.

      So I would call that selling what you are provided for free.

  4. We had a very strange occurrence today when Linda opened her email. She had 117 emails from Zillow giving listing reports with no data.

    This is never happened before and we never requested such info.

    So I went in to her profile to check & did not find any request or subscription to listing reports.

    I did find an email about mapping errors from weeks ago that is still unanswered.

    I checked the map you provide for our listings and found numerous errors with your mapping system on our listings.

  5. Hi JB,

    Due to an error in our email system, a high volume of Zillow Listing Report emails were sent to some Zillow users last night. This happened to a very small number of people, but unfortunately, you were one of them.

    We apologize for this error and any inconvenience this may have caused you. This email issue has been corrected and we are taking steps to make sure it doesn’t happen again.

    Again, we apologize for this inconvenience.

    Brad

  6. BTW – I just wanted to mention that Greg Schwartz posted an article regarding how Zillow works with Listing agents. I don’t want to appear as though I’m spamming here, but the post is relative. I know others will be interested in this too: http://www.zillow.com/blog/2012-02-03/how-zillow-works-with-listing-agents/

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