real estate revolution: California Association of Realtors sees "the light"
- 05/30/08 09:03 PM
Better late than never: "The (California) state Realtor group announced this month that 61 MLSs and local Realtor groups in the state have sent non-binding letters of intent to participate in the statewide MLS effort. There are 70 MLSs in the state." "The goal is to launch the statewide database either in the last quarter of this year or the first quarter of 2009." Trulia is setting not a bad example on how the search could (or should) look like that MLS' cannot disregard anymore. Have you seen new Trulia's listing capabilities? Quite remarkable. At the sam time Trulia is getting … (6 comments)
In December 2006 I posted information on progress of MLS consolidation in the Bay Area: California: MLS in Turmoil A few month later, in my post Who Started the Real Estate Revolution? I lamented at that time that MLS owners don't seem to understand what clients want and pointed to these companies that know: Trulia and Zillow. Many things happened since and most of the Bay Area MLSs joined either Quattro or NCREX (NCREX changed its name since to MLSListings). Despite all these changes – Quattro was in denial of the reality (clients’ demand for better public search … (3 comments)
real estate revolution: Directory of my NAR and MLS related posts
- 08/31/07 01:35 PM
Following are posts regarding NAR and MLS issues: California: MLS in Turmoil - recent changes real estate market prompted MLSs to action. In the Bay Area we see the consolidation and much better responsiveness of MLS' than ever before. Why the attack against realtors? - My reply to Dan Lowery - discusses the reasons behind recent attacks on Realtors Who Started the Real Estate Revolution? - emergence of Zillow and Trulia create new market dynamics prompting MLSs to actionCan Zillow annihilate Realtors? is Zillow Realtors' ally or foe? It really doesn't matter. It has a lot to offer to clients and agents … (2 comments)
real estate revolution: Call for Supplanting NAR
- 08/30/07 08:10 PM
Greg Swann, created another interesting post Bloodhound Blog: Supplanting the National Association of Realtors will turn it into a toothless vampire overnight Greg's post was triggered by another call of the Minnesota Association of Realtors for some of its members to quit to give other members a chance to make money (doesn't it reminds you the Animal Farm's statement that some people or more equal than others?). Greg calls for supplanting NAR and argues that: "What is needed is an analogue to the Underwriters Laboratories for residential real estate agents, an objectively determined standard of excellence — hard to … (8 comments)
real estate revolution: Who Started the Real Estate Revolution?
- 06/30/07 08:26 PM
My vote goes to two companies, Zillow and Trulia. To be more precise, I believe that revolution started shortly after dot.com collapse (2001?). There were new efforts undertaken by a number of dot com companies, but other than spectacular collapse of a few over funded start ups, there is not much that can be attributed to the period before 2001. But the end of dot com era caused a tremendous influx of talented people, including large numbers of developers to real estate. Over last several years we are witnessing development of new technologies and process automation. Progressive MLSs embraced new capabilities, … (12 comments)
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Better late than never:
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