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Can I Ask A Question, Zillow, Trulia, Frontdoor, etc.?

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Real Estate Broker/Owner

I have been reading a lot of blogs, the news, researching what is going on with Trulia, Zillow, Frontdoor and goodness knows how many other sites there are out there.  I searched here on Active Rain as well.  From what I can gather each of these companies are making deals for listing feeds from different sources.  Prudential's deal with Yahoo is ending and they will team up with Trulia.  Company B is with Zillow, Company C is with Frontdoor.

Do I understand this correctly?  If so does this mean that the consumer must go site to site to pick up all of the listings that might be for them?  So what is the advantage over going to Realtor.com or going to RE/MAX.com where you can get all of the listings?  Is the heat maps?  Can't be the incorrect valuations?  Am I missing something that the traffic on these sites is growing? Why?  Doesn't the public understand that none of these sites have a complete inventory?

Any insight into some of this would be greatly appreciated. 

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New Orleans Property Lady, LLC

Broker/Owner and REALTOR (r) 

New Orleans, LA 70125

504-908-2268 (C)            

 Licensed in the State of Louisiana, USA

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Copyright 2012, Miriam Bernstein, All Rights Reserved

Megan McGonigal
Integrity Real Estate - Northeast, MD
CRP - Cecil County, MD & Harford County, MD Real Estate

I think the public has some insight. According the Februarys stats on top real estate websites Realtor.com is #1 and we (RE/MAX) are #2. The below link lists the top 20.

http://www.inman.com/news/2008/03/1/remax-climbs-second-place-among-real-estate-web-sites

Mar 17, 2008 12:02 PM
Barry Smith
Excellent Service Realty - Saint Petersburg, FL
Good question. Here's a simple answer. The public will believe whoever advertises the most or "screams" the loudest.
Mar 17, 2008 12:05 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

I suspect that the consumer will just go to the one that they run into first on Google.

 

Mar 17, 2008 12:11 PM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
I agree with Lenn. They shop around until they find the right Realtor and then probably use their site if they have the IDX feed.
Mar 17, 2008 12:14 PM
Sandra Carlisle (Ayers)
Berkshire Hathaway California Properties - Newport Beach, CA
Real Estate Marketing & Sales
The consumer will always search all of them. I get e-flyers from friends and clients from every site. Usually it's something that is pending that hasn't been changed.
Mar 17, 2008 12:19 PM
Richard Weisser
Richard Weisser Realty - Newnan, GA
Richard Weisser Retired Real Estate Professional

Miriam,

It's all about the consuming public's thirst for information, and as technology grows, only a few will emerge successfully, and the Realtor's personal site will become glorified business cards. Don't fret over it, there's nothing we can do about it.

Mar 17, 2008 11:21 PM
Miriam Bernstei
Rochester, NY

Richard - I think that has happened already.

Sandra - yes Sandra but there is so much bad information.

Missy - then the trick is to have a site that makes us the right realtor.  Guess that's why we are here.

Lenn - you work so hard at being the most informative, having the most information and making sure that they don't have to go elsewhere.  They will choose you.

Mar 17, 2008 11:47 PM