FROM THE TWILIGHT ZONE THAT IS REALTOR.COM - or Move, Inc.

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

Realtor.com has a new look.  Looks fine.  Clean, crisp, easy to read.  I didn't stay long because something from the Inman article today got my attention. 

. . . . .  Realtor.com's "What's Your Home Worth" tool provides a wider range that's based on sales in the last 18 months.

For years, we've had to overcome the innacurate property valuation models used by Zillow.  Now we'll have to overcome useless and innacurate property valuations from Realtor.com. 

As ActiveRainers may or may not know, Realtor.com is operated by Move, Inc.  That same Move engaged in litigation with ActiveRain.  Seems that Move made a move on ActiveRain with an offer to purchase our beloved ActiveRain Real Estate Network.  Then, once Move had obtained a bucket full of trade secrets and proprietary information, reneged and withdrew from the acquisition only hours prior to closing.  That's my recollection.  See ActiveRain vs. Move, Inc.

Good luck Real Estate Agents and Brokers.  Our job just got a lot harder. 

 

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail.

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Topic:
ActiveRain Community
Groups:
Club Chaos
Realtors®
The Ninety-ninth Percentile
Tags:
move

Comments 74 New Comment

Ambassador
1,200,789
Erica Ramus
MRE, Schuylkill County PA Real Estate
Erica Ramus - Ramus Realty Group - Pottsville, PA

I am stuck in the last part of a 2 year contract with realtor.com

I am so sorry I signed to begin with! I thought it was all about advertising me and my company's listings. They made promises--and I was the only one in the area doing that particular product.

Then... boom... I sign up for 2 years and a competitor also joined in on the bandwagon. Really ticked me off then. But after I got over that I realized I get almost ZERO leads from it.

November 01, 2008 08:56 AM
Ambassador
2,278,272
Lenn Harley
Real Estate Broker - Virginia & Maryland
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate

Erica.  Your experience is multiplied many times by many agents and brokers.

 

November 01, 2008 10:33 AM
Ambassador
1,200,789
Erica Ramus
MRE, Schuylkill County PA Real Estate
Erica Ramus - Ramus Realty Group - Pottsville, PA

Lenn, how sad.

November 01, 2008 02:27 PM
Rainer
2,600
Brett Shaw
Coldwell Banker Kaiser

Brett Shaw from Cyberhomes:

New look, same Realtor.com. I just looked up my home on "what is your home worth" and it came back with a range of $133,000 to $410,970. Whew! I'm glad I got that narrowed down.

Cyberhomes.com, on the other hand, has my home estimated at a good price. By that I mean that it is near what homes have sold for recently in my neighborhood (in the last 6 months........not 18). On top of that, there is a ton of local information that goes along with it.

November 03, 2008 11:53 AM
Ambassador
1,200,789
Erica Ramus
MRE, Schuylkill County PA Real Estate
Erica Ramus - Ramus Realty Group - Pottsville, PA

Brett--that is hysterical! Maybe you should average the 2 values.

November 04, 2008 06:46 AM
Ambassador
2,278,272

Lenn Harley

Real Estate Broker - Virginia & Maryland
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