DORA to Colorado agents: Don’t keep listings off market to boost pay
Recently, Edina Realty made national news by pulling their sellers’ listings from two of the most popular websites frequented by home buyers, Realtor.com (the number 1 real estate website in the country) and www.Trulia.com (in the top 4). Both of these sites are free and provide valuable information to consumers. Industry critics and real estate … Continue reading “Will more Realtors pull MLS listings from Trulia & Zillow in 2012?”
Zillow just released a new “feature” called “Coming Soon.” This feature seeks to advertise one of the most anti-consumer practices in real estate called, “pre-MLS,””pocket listings,” and “pre-market.” These arrangements are bad for sellers, buyers and the marketplace.
googlea198c6af8c9d2ddd Pocket Listing – when a broker severely limits the marketing of a client’s property to collect a double commission. In a truly misleading and anti-competitive move, the National Association of Realtors (“NAR”) has announced a new rule that directly attacks brokers who discount their fees. Instead of calling it, “A Conspiracy to Eliminate Discount Brokers,” … Continue reading “NAR is Gunning for Discount Brokers”