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Zillow, NAR take gloves off in listings fight
The Real Deal ^ | August 02, 2018 | E.B. Solomont

Posted on 08/04/2018 1:06:02 PM PDT by AAABEST

“Real estate brokers and agents invest resources into obtaining property listings,” wrote NAR, which counts 1.3 million real estate agents as members. As such, NAR said agents have “rights and responsibilities to control the distribution of their listings.”

Any “appropriation of a commercial entity’s data, work product, or intellectual property for exploitation by another commercial entity is not justified,” NAR added.

But while Zillow argued for the “democratization” of data, NAR said calls for greater access to MLS data are “based on faulty expectations that unrestricted access to listing data will help consumers.” Instead, NAR said, “forcing brokers to provide unrestricted access to proprietary MLS information can alter important incentives for the creation of listing information.”

(Excerpt) Read more at therealdeal.com ...


TOPICS: Business/Economy
KEYWORDS: copyright; infringement; intellectualproperty; mls; nar; narmonopoly; realestate; realtor; uspto; zestimate; zillow
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I sell commercial and don't use Zillow, or the MLS for that matter.

That said, Zillow needs to be smacked down hard, then choked-out for good. They hold themselves out as some for of public do-gooders, but Zillow is a self-serving POS and a hazard to the public.

1 posted on 08/04/2018 1:06:02 PM PDT by AAABEST
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To: AAABEST

Please show us on this doll where Zillow touched you and hurt you.


2 posted on 08/04/2018 1:08:20 PM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: AAABEST

“but Zillow is a self-serving POS and a hazard to the public. “

Nonsense.

But they will kill the Real Estate “industry”.

Good riddance.


3 posted on 08/04/2018 1:08:57 PM PDT by Mariner (War Criminal #18)
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To: AAABEST

Zillow is part of the Matrix.

Relax and enjoy.


4 posted on 08/04/2018 1:09:15 PM PDT by Paladin2 (no spelchek, no problem...)
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To: Drango
Don't read anything - just be a douchebag.

As stated, I don't use it. I sell commercial.

5 posted on 08/04/2018 1:12:44 PM PDT by AAABEST (NY/DC/LA media/political industrial complex DELENDA EST)
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To: AAABEST

Another dinosaur business attempting to put the toothpaste back in the tube.


6 posted on 08/04/2018 1:13:15 PM PDT by Flick Lives (Suddenly someone'll say, like, plate, or shrimp, or plate o' shrimp out of the blue, no explanation.)
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To: AAABEST

Pithy and spot-on
Thanks


7 posted on 08/04/2018 1:15:09 PM PDT by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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To: AAABEST

Why is Zillow a hazard ?


8 posted on 08/04/2018 1:16:01 PM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000)
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To: AAABEST
I don’t understand how there can even be a problem when buying the house a Realtor offers requires paying that Realtor whatever that Realtor wants.

It’s free advertising. I sure as heck wouldn’t want MY Realtor to keep people from seeing MY listing.

9 posted on 08/04/2018 1:16:47 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Mariner
But they will kill the Real Estate “industry”.

No they won't.

They'll just go out of business when they have to start gathering their own data, as opposed to leeching it or demanding the court hand them proprietary material.

10 posted on 08/04/2018 1:18:11 PM PDT by AAABEST (NY/DC/LA media/political industrial complex DELENDA EST)
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To: AAABEST

Any non-source seller of info should always be suspect. I didn’t know Zillow was paid by the realtors for listing leads! What a crock!

I used to work for a realtor so I got used to using realtor.com. Now I can check out the new one. Got a link? Also, how is Zillow a hazard?


11 posted on 08/04/2018 1:18:27 PM PDT by huldah1776 ( Vote Pro-life! Allow God to bless America before He avenges the death of the innocent.)
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To: AAABEST

My parents recently moved cross country. Last summer, they contacted and met a real estate agent in the area they were planning to move to.

The property they eventually found was not due to the hard work of their agent, but due to a Zillow listing. The house had been on the market for roughly four months and owners were just about to de-list it. It was exactly what my parents were looking for, and in the price range they had given to the agent.

I’m not why you think Zillow is so evil, but for my folks, it worked to their benefit.


12 posted on 08/04/2018 1:18:41 PM PDT by kosciusko51
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To: ConservativeMind
I don’t understand how there can even be a problem when buying the house a Realtor offers requires paying that Realtor whatever that Realtor wants.

lol....really? That's what you think?

13 posted on 08/04/2018 1:21:21 PM PDT by AAABEST (NY/DC/LA media/political industrial complex DELENDA EST)
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To: AAABEST

Did Zillow ever touch you in your bathing suit area?


14 posted on 08/04/2018 1:22:23 PM PDT by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
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To: AAABEST

There are complex issues.

The “realtor.com” website used to be too slow to use.

They’ve made it very nice now. Therefore, third party websites aren’t as valuable to home buyers.

However, no monopoly should be able to extend its monopoly by monopoly power.

AT&T had to license the transistor.

RCA had to license color TV.

In Britain, third party websites like Rightmove and Zoopla rule the roost.

Zillow is useful in that it allows for searching by build date, so old houses for sale in say Loudoun County, Virginia are easy to find.

The selling agent should have to power to easily place information on his client’s property on appropriate websites.


15 posted on 08/04/2018 1:23:02 PM PDT by Brian Griffin
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To: AAABEST
Yup. When I sell my house, my Realtor gets all the money they agreed to for helping get it sold.

I can’t “not” pay it.

In what alternate universe do you reside? Are the clouds floating below or above you?

16 posted on 08/04/2018 1:24:32 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: kosciusko51
I’m not why you think Zillow is so evil, but for my folks, it worked to their benefit.

They way you used it is exactly how it should be used. Private owner, FISBO and Zillow put the seller and buyer together. I'm all for that.

But Zillow is demanding from the courts proprietary data, their business model is to leech/commandeer data from others- who worked for it.

17 posted on 08/04/2018 1:30:43 PM PDT by AAABEST (NY/DC/LA media/political industrial complex DELENDA EST)
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To: AAABEST

When the dust settles, 1% listing fee and 3% selling fee will be the norm when 6% was the norm. It’s already happening here in Southern California.

Disruption, yes but not devastation.


18 posted on 08/04/2018 1:33:18 PM PDT by cicero2k
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To: AAABEST
But Zillow is demanding from the courts proprietary data, their business model is to leech/commandeer data from others- who worked for it.

If this is true, and they are trying to profit off of others work products, I understand your issue with them. Thank you for clarifying.

19 posted on 08/04/2018 1:36:53 PM PDT by kosciusko51
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To: cicero2k

“1% listing fee”

Listing is a lot of work, so upfront compensation is appropriate.

However, houses are often put up for sale simply because their owners are in a financial bind.

Probably, a mix of payment models will have to exist.


20 posted on 08/04/2018 1:41:59 PM PDT by Brian Griffin
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