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Confessions of a Real Estate Junkie/Data Feed Landscape
With the recent acquisition of ListHuB by Move, Inc, the possibility and in fact likelihood that the landscape for moving real estate listing content around the Internet will change is very real. Sami Inkinen C0-Founder and COO of Trulia.com recently blogged about this topic and made some very clarifying observations. I agree with his observations about the risk associated with the data syndicator now having another, larger agenda.
Interestingly, he went on to talk about how this might accelerate the movement of marketing dollars from offline to online. I don't see that, as fifteen years into the Internet revolution for real estate marketing, the relative value and inherent qualities of offline media and online media for keeping the Agent and Broker front and center in home seller's and home buyer'smind is quite clear. I have posted Sami's original blog post and then my comment so you can see the larger discussion in more complete context.
Sami makes some very valid points. Consolidating any part of a market into too few hands increases costs and discourages innovation as the leader has a lot to lose by introducing better and less expensive solutions.
But I part ways when Sami concludes this will further accelerate the offline ... more
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