Vegas Realtors to leave Zillow and ListHub

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Real Estate Technology with Buying Buddy IDX CRM Suite

Leave it to Vegas to take a chance and roll the dice. Inman is reporting that the Greater Las Vegas Association of Realtors (GLVAR) is ending their syndication agreement with Zillow and ListHub. The question is, "How will the move impact Realtors, buyers, and sellers?"

David Crete, the multiple listing association board chair of GLVAR, said the move comes after Realtor's expressed a heightened desire to control their own listings data. Some are arguing that this could pose an unfair advantage for larger brokerages, though. This is due to the setup process for Zillow and ListHub syndication feeds, usually paid to a third tech party. Set up can cost thousands of dollars, and can easily be absorbed by larger brokerages.

It could be a bold move that could lend inspiration for other associations to follow suit. Outdated listings, data inaccuracies,  and false Zestimates have long been a nuisance for agents. Companies like Zillow and ListHub also profit off of the hard work of agents. Others worry that big groups like Zillow and ListHub are just one more step toward the homebuying process becoming monopolized in the digital age.

How does the move impact buyers and sellers? Will listing agents have trouble selling their services if they are unwilling to put listings on such recognizable sites? It is too late to walk away from these services because of the impact they have already made or is it time to take MLS data for agents to funnel into other Realtor-friendly sites? Should Realtors try to work with Zillow and other big companies, rather than against it?

Tell us what you think.

 

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Posted by

Paul Eastwood
Buying Buddy IDX CRM


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Re-Blogged 1 time:

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Topic:
Real Estate Technology & Tools
Tags:
mls
zillow
vegas
glvar
greater las vegas association of realtors
listhub

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Rainer
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Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

It'll be interesting to see what happens as time progresses. Hopefully they wont start opening Z offices and compete that way...

Nov 12, 2018 11:28 AM #1
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Paul Eastwood

Buying Buddy IDX CRM
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