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Privacy Over Innovation: A Brief History of Real Estate Data

17 pointsby davidwalker20over 11 years ago

3 comments

alistonover 11 years ago
I don't understand why the Broker/MLS system even needs to exist in the first place. I've noticed more people selling their homes directly through Zillow lately -- shouldn't the internet be the ultimate platform for selling homes without forking over 10's of thousands of dollars to a broker?
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ovulatorover 11 years ago
I don&#x27;t see withholding MLS listings from online listing sites helping brokers in the future.<p>These listings won&#x27;t get sold because people won&#x27;t be able to find them online. As a result people will stop listing their homes with brokers.<p>I recently bought my first home, and the negotiating started with &quot;since you aren&#x27;t using a broker we can take $10k of the listed price&quot;. That was the selling broker&#x27;s opening negotiation, before I even made my initial offer.
philipdlangover 11 years ago
I wonder if Zillow and Trulia would ever consider hiring brokers to grow their revenue...
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