Thomas J.  Nelson, Realtor,CRS,e-Pro, Co-Host of Mail-Right's: Real Estate Agent Podcast (Big Block Realty 858.232.8722)

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Rainmaker
3,818,263
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

I've never given Z a penny.... 

Mar 31, 2017 02:38 PM
Rainmaker
856,617
Corinne Guest, Managing Broker
Barrington Realty Company - Barrington, IL
The Choice of Professionals

Good luck to the desperate agents who pay Zippo for leads and now those leads will be sold again via the second site that consumer visits. Money for Zippo, maybe, competition for agents. Good luck, anyone who does not yet understand they need first a niche and second a proposition different that everyone elses, will die a poor agent.

Mar 31, 2017 02:38 PM
Rainmaker
2,376,517
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - Probate Broker

I saw that from Nina Hollander post yesterday and then again later in the day when the article hit my in-box.  I have nothing kind to say about the Zit Monster.  My blood pressure is down today and I want to keep it that way. 

May you enjoy your weekend with your lovely bride.  

Mar 31, 2017 02:23 PM
Rainmaker
586,243
Mitchell J Hall
The Corcoran Group - Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

It's funny but Activerain had that domain at one time. I think it was owned by Market Leader then Trulia bought market leader and activerain. They tried to push realestate.com. I wrote an article for it. It was going to be the next sliced bread then it disapeared. My first thought was Zillow is the better teckie name for millenials. RealEstate.com is generic and it never worked before. I wish them well. I don't buy leads and I don't like other agents buying ads or impressions as so-called experts on my listings. 

Mar 31, 2017 05:03 PM
Ambassador
1,168,053
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Again I'm thankful Z doesn't live in Canada!!  

Mar 31, 2017 06:38 PM
Rainmaker
277,449
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

They get ZERO $ from me.

Mar 31, 2017 03:41 PM
Ambassador
2,299,478
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

I don't really see it as much of a change.  It's directed to millineals.  Selling ad space to agents will still be their primary source of income.  Still don't see them going to selling houses directly or having their own brokerage because that would be cutting their own revenue stream.  No agent would pay to advertise on a competitor's site.

Mar 31, 2017 03:13 PM
Rainmaker
190,295
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

They keep pushing new things and getting new business. 

Mar 31, 2017 02:55 PM
Rainmaker
3,097,590
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Not surprised and am not going to waste any time on their adventures. Their out to make money off of agents and they aren't going to be making money off of me.

Mar 31, 2017 07:14 PM
Rainmaker
129,260
Diana White-Pettis
Exit Bennett Realty - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

I'm sure they have more tricks up their sleeves to unveil in the near future.

Mar 31, 2017 02:47 PM
Rainmaker
1,254,602
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Thomas J. Nelson, Realtor, CRS Another way for them to take our listings and sell them back to us.

Mar 31, 2017 02:40 PM
Ambassador
2,966,697
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, I saw this on Fb

Mar 31, 2017 07:07 PM
Rainmaker
3,221,859
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Until the desparate  agents stop paying these companies they will continue to be a thorn in our sides.

Mar 31, 2017 06:51 PM
Ambassador
2,527,252
Anna Banana Kruchten,CRS,CRB,GRI
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

Well I'm not surprised - they're about making money off agents so here they go again.

Mar 31, 2017 04:39 PM
Rainmaker
151,380
Abby Stiller
Premier Realty Homes of SWFL - Cape Coral, FL
Real Estate Agent Serving Southwest Florida

They should improve their customer services

Mar 31, 2017 04:27 PM
Ambassador
3,248,196
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

I had heard somewhere about this - thanks for the link. They won't get any money from me! I suspect there will be more to follow, too!

Mar 31, 2017 04:08 PM
Rainmaker
3,287,869
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding and Marketing

Nina Hollander wrote a post about this yesterday...All can say about this move is that it is similar to when they announced on CNBC that using Pokemon as a way to show the way to open house is a good way to bring people in...They are trying to appease their stockholders  A

Mar 31, 2017 03:55 PM
Rainmaker
1,560,304
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

They want all our $$$

Mar 31, 2017 03:28 PM
Ambassador
1,130,936
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Yes it is a for profit company and they will try to find whatever nitch has the best return. 

Mar 31, 2017 03:05 PM
Ambassador
3,218,600
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Read that yesterday and didn't surprise me one bit. We all knew something was coming and they would be working their way into the real estate business. I believe there is much more to come.

Mar 31, 2017 02:31 PM
Rainmaker
607,087
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

My thought is that it's very clever on Zillow's part to target the younger buyers as the old style real estate agent approach with their scripted spiels does not appeal to them.

Mar 31, 2017 02:20 PM
Rainmaker
550,447
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Nina Hollander just posted about this as well on her blog.  I don't really get it. I'm not entirely sure I understand how the new site will differ. -Kasey

Mar 31, 2017 02:14 PM
Ambassador
2,096,746
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

What Corinne Guest, Managing Broker said - we really need to figure out how to warn these newbies.  I don't work with a lot of them but, I would certainly like to help with a campaign to connect with them. I'd love for them to understand how to run a business...and it doesn't include buying leads (or a whole host of other things for which we are constantly being solicited). 

Mar 31, 2017 08:40 PM
Rainmaker
194,565
Chuck Mixon
The Keyes Company - Cutler Bay, FL
Cutler Bay Specialist, GRI, CDPE, BPOR

I have said it before and it worth saying again... Realtor watch out, look closely at the taxi industry they no longer number one  Uber has moved into that number one spot as a private  hauler ie. taxi. Closer to home the number one property rental company does not own one single property but is number one in the market can you guess?  Airbnb!  all these new tech companies are replacing the old business  models quickly.  Old brick and mortar are out, online are in!

I will be doing a post on Blockchain,  ie digital data again soon.

Mar 31, 2017 06:14 PM
Rainmaker
2,155,890
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Its competitive out there. Those that hesitate are lost....

Mar 31, 2017 05:03 PM
Rainer
330,132
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

I heard.

Mar 31, 2017 04:19 PM
Rainmaker
1,145,184
FN LN
Toronto, ON

Zillow does not operate in our great nation.

Mar 31, 2017 04:00 PM
Rainmaker
1,265,915
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

Well, that's just bleepin' great! How did they get that domain? Must have cost them dearly.

I am not concerned but miffed again at NAR's lack of vision on where we are headed. They are taking the lead again. 

I will say that I don't give a sh**% about millenials as they do not have any money! They are the group that is living in Mom's basement.

To save $$ they just should have rebranded Trulia.

Mar 31, 2017 03:13 PM
Rainmaker
907,507
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Man!  Now I really wish I owned that domain name!

 

My thoughts:

  1. This is a clever rebranding to get away from the zillow name and negativity around it.
  2. Will it replace Zillow or be run alongside it?
  3. Interesting to pick a domain name that NAR really should have had and that has a good competition with realtor.com 
  4. I can see them stealing a lot of traffic if they work it right.  Type "REAL" into the browser or google and suggested sites could very easily put their site up instead of realtor.com... eventually.  Would need an army of people searching on it... like their employees or some bots.
Apr 01, 2017 07:20 PM
Rainmaker
112,151
Julie Larson Realtor® Sarasota FL 941-882-0322
PalmerHouse Properties Florida - 941-882-0322 | Serving Sarasota, Manatee & Charlotte Counties - Sarasota, FL
When you're thinking of moving...ThinkSuncoast.com

I think it would be interesting to see what the millenial population is on a state by state basis. 

Creating a whole new website geared toward millenials seems kind of like a gimic to me. It makes me wonder if it's the same site as Zillow, but with images millenials would relate to!!!  

Apr 01, 2017 10:29 AM
Rainmaker
2,261,814
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Zillow gets nothing from me! A practice I intend to continue!

Apr 01, 2017 06:17 AM
Rainmaker
4,116,204
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Thanks for sharing this information.

Apr 01, 2017 05:57 AM
Rainmaker
2,466,877
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Lynnea Miller nailed this one!

Apr 01, 2017 05:37 AM
Rainmaker
3,785,050
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, they are.

Apr 01, 2017 05:35 AM
Rainmaker
2,341,470
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

They are really starting to bug me. 

Apr 01, 2017 05:31 AM
Rainmaker
2,693,072
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

I saw the article too.  Interesting.   

Apr 01, 2017 04:59 AM
Rainmaker
1,973,841
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Waxhaw/Fort Mill Area Realtor

Hi Thomas... yes, I saw this... in fact I posted about it minutes after the news came across. Unfortunately, Zillow is a fact of life for us all now and it will be hard to beat them at their game. Maybe more agents will stop "giving" them money.

Apr 01, 2017 04:01 AM
Rainer
192,270
Noel Mayer
FAIRMOUNT REALTORS - Montclair, NJ
YOU'RE RIGHT AT HOME WITH NOEL

Thanks for the information

Apr 01, 2017 02:39 AM
Ambassador
2,418,102
Paul S. Henderson, CRS, REALTOR®,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I bet they paid a pretty penny for that address

Mar 31, 2017 11:45 PM
Ambassador
3,510,363
Praful Thakkar
eXp Realty - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Thomas J. Nelson, Realtor, CRS - now that is the Game Plan!

Mar 31, 2017 11:44 PM
Rainmaker
1,143,878
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

I've seen it and it did not bother me a bit the first time. 

Mar 31, 2017 11:10 PM
Rainmaker
752,322
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Let it be

let it be

let it be

until we meet again.

Mar 31, 2017 09:14 PM
Ambassador
1,781,019
Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 That domain still redirects to Trulia.

Apr 01, 2017 08:40 PM
Rainmaker
2,149,857
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Thomas J. Nelson, Realtor, CRS I read the article. 

Apr 01, 2017 02:53 PM
Rainmaker
1,348,291
Sandy Padula and Norm Padula, JD, GRI NMLS#1483386
Realty One Group - Carlsbad, CA
Presence, Persistence & Perseverance

I have already positioned myself to avoid syndication of my listings to this site. I will manually and selectively syndicate my listings from now on! Allo real estate agents need to do the same.

Apr 01, 2017 11:39 AM
Rainmaker
564,560
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Great URL that will get lots of organic searches.

Yet another action by the darkside to control the narrative about real estate.

THEY are the voice of the industry, and very, very, very soon they will start influencing the industry.

Control the information and you control the society.

You can thank you associations, NAR, franchise and possibly your broker for looking after you best interests. The $2,500 transaction is coming your way.

Apr 01, 2017 08:34 AM
Ambassador
1,569,098
Harry F. D'Elia
Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Just a matter of time until they open full real estate brokerage

Apr 01, 2017 07:09 AM
Rainmaker
2,259,239
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

They want to run the show and set the prices

 

Apr 02, 2017 05:34 PM
Rainmaker
658,290
Jennifer Mackay
Keller Williams Success Realty - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Of course they are... they have unlimited financing

Apr 02, 2017 06:58 AM