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False information posted on FSBO Site about Realtor.com

By
Real Estate Agent with Team Momentum Keller Williams Realty Tacoma

Just got this from our Realtor Group here in WA, thought I'd pass it along.--

 

Contrary to what the ForSaleByOwner.com news release says....

1) They are NOT in a partnership with REALTOR.com
2) The settlement between NAR and the DOJ did NOT force REALTOR.com to accept FSBO property listings
3) Properties from sellers not represented by Realtors will NOT appear on REALTOR.com
4) MLSs still get to decide which listings to distribute to REALTOR.com

As Michael Wurzer explained on the Flex MLS blog, "So, this is just another version of a limited service listing, not some revolution in policy regarding FSBOs."

Also, as Laurie Janik, NAR's general counsel, told VAR Buzz,

"Please reassure your members that there are no unlisted properties on Realtor.com.

"We still cannot figure out the basis for the outrageous claims being made by ForSaleByOwner.com in this press release. No relationship exists between that entity and Realtor.com. Listings displayed on Realtor.com continue to be provided by the MLSs, and contrary to the headline, there is NO "agent free access to Realtor.com."

 

 

Want real representation in the sale or purchase of your home?  Team Momentum believes that everyone is better off well represented.  To find out more about navigating the waters of today's market call Anna Matsunaga, Team Momentum, Keller Williams Realty Tacoma, 253 212 1252

Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Anna - Thanks so much for this information!  I am so surprised that no one else has commented.  Funny, the posts that have inaccurate info have tons of comments - interesting.

Nov 18, 2008 09:06 PM
Tony Anderson
Century 21 Community Realty - Clarkesville, GA
Serving Habersham Banks White & Stephens Counties

Thanks for clearing that up.

Feb 05, 2009 11:58 AM