This long-time local broker is fed up with the 3rd-party real estate websites using our listings to make money. It must be big money too, because there are now over 900 websites that advertise properties.
These websites (Zillow, Trulia, Realtor.com, etc.) are selling the advertising space surrounding each listing to other agents, making them look like the listing agent.
But does anyone frequent them? Maybe Zillow or realtor.com?
This doesn’t affect Redfin or Zip, they are brokers who actually sell real estate. He is willing to cooperate in our IDX system which allows each agent to distribute the properties on the MLS.
But it’s another sign of how chippy it is getting – our low-inventory environment is ripe for changes on how real estate is sold: