Since all MLS services market realtor listings to other websites, why do they charge realtors for an idx feed?

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Donald Kolenda, Share the road to your new home. (KW Cornerstone)

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Rainmaker
634,582

Kathleen Luiten

Resort and Second-Home Specialist - Princeville, HI

Kauai Luxury Ocean Home Sales

Good question. One obvious answer is because they make $$$ doing it.

Feb 23, 2016 05:08 PM

Upvote

3

Michael Thacker - Re/M...

Louisville, KY
Greg Cremia

Nags Head, NC
Mary Yonkers

Erie, PA

Rainmaker
921,504

Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

Because Realtors like it.

Even in the bold face of reality, that the property ends up on zillow and we report 90% of buyers begin their search on ZILLOW (internet) REALTORs continue to pay to play....and like it!

We have fallen in love with an idea whose time is coming to an end. The only one who seems to not know this is....well, you get my point.

Feb 23, 2016 09:09 PM

Upvote

1

Michael Thacker - Re/M...

Louisville, KY

Rainmaker
1,328,180

Donald Urschalitz

Lubeck Realty Group - Jupiter, FL

P.A. Realtor ABR RSPS North Palm Beach County

Just a pure revenue source.

Feb 23, 2016 08:35 PM

Upvote

1

Michael Thacker - Re/M...

Louisville, KY

Rainmaker
2,236,617

Anthony Acosta - ALLATLANTAcondos.com

Harry Norman, REALTORS® - Atlanta, GA

Associate Broker

Good question

Feb 23, 2016 08:30 PM

Upvote

1

Anthony Acosta - ALLAT...

Atlanta, GA

Rainmaker
3,627,477

James Dray

Fathom Realty - Bentonville, AR

Exactly, its all about the money. They have us in a strangle hold and they know it

Feb 23, 2016 08:30 PM

Upvote

1

Michael Thacker - Re/M...

Louisville, KY

Rainmaker
564,351

Greg Cremia

Shore Realty of the Outer Banks - Nags Head, NC

Because they can. They see us as cows waiting to be milked. Inadvertantly break one of the idx rules and we get fined while the big guys steal our content and nothing gets done.

Feb 23, 2016 07:30 PM

Upvote

1

Greg Cremia

Nags Head, NC

Rainer
18,142

Annelle Tubb

Complete Home Inspections, Inc. - Brentwood, TN

Like Michael said, just follow the money. Ronald has a good answer too.

Feb 23, 2016 06:59 PM

Upvote

1

Greg Cremia

Nags Head, NC

Rainmaker
1,231,903

Mary Yonkers

Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA

Erie/PA Real Estate Instructor

$$$

Feb 23, 2016 06:46 PM

Upvote

1

Greg Cremia

Nags Head, NC

Rainmaker
2,759,867

TeamCHI - Complete Home Inspections, Inc.

Complete Home Inspections, Inc. - Brentwood, TN

Home Inspectons - Nashville, TN area - 615.661.029

Good morning Donald. It's all about the money. Follow the money.

Feb 23, 2016 05:39 PM

Upvote

1

Annelle Tubb

Brentwood, TN

Rainmaker
1,361,612

Peter Mohylsky Gulf Front Homes

Property Management International-Destin - Inlet Beach, FL

Call me at 850-517-7098

A great question , that will probably generate lots of opinions.

Feb 23, 2016 04:47 PM

Upvote

1

Greg Cremia

Nags Head, NC

Rainmaker
864,758

Les & Sarah Oswald

Realty One Group - Eastvale, CA

Broker, Realtor and Investor

Good question. Shouldn't LA receive some sort of royalty fee?

Feb 26, 2016 09:23 PM

Upvote

Rainmaker
6,162,926

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

That is a good question, a way to make money I assume. They know we all need it on our web sites.

Feb 24, 2016 10:30 PM

Upvote

Rainer
97,619

Donald Kolenda

KW Cornerstone - The Villages, FL

Share the road to your new home.

Sounds like it is time for change.

Feb 24, 2016 04:35 PM

Upvote

Rainmaker
1,157,847

FN LN

Toronto, ON

IDX is included in our board fees. The fees did not increase when they added IDX.

Feb 24, 2016 02:52 PM

Upvote

Ambassador
6,910,181

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Because they Can, and there is plenty of money to be made doing so.

Feb 24, 2016 02:20 PM

Upvote

Rainmaker
1,562,280

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

From what I have seen, you are paying the IDX company for their feed, backend support, wordpress widget and the hefty licence fee for the feed from the MLS.

My board provides a basic, P.O.S. IDX search feed for free to all agents. Not worth the price it costs.

Feb 24, 2016 04:28 AM

Upvote

Rainmaker
1,466,267

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Donald Kolenda Because they can!

Feb 23, 2016 10:37 PM

Upvote

Rainmaker
1,884,438

Lyn Sims

Schaumburg, IL

Real Estate Broker Retired

I have always wondered this too. There are many different types & my MLS only charges a complete minimum of like $5-6 per month. If you use their landing page, website, etc the price goes up from there.

But essentially - it's a link so why pay? You are already paying for MLS access right?

Feb 23, 2016 10:26 PM

Upvote

Rainmaker
4,273,381

Paul S. Henderson, REALTOR®, CRS

Fathom Realty Washington LLC - Tacoma, WA

South Puget Sound Washington Agent/Broker!

Great question!

Feb 23, 2016 10:20 PM

Upvote

Rainmaker
1,713,581

Joe Pryor

The Virtual Real Estate Team - Oklahoma City, OK

REALTOR® - Oklahoma Investment Properties

It is typically a nominal service fee. It still requires staff time.

Feb 23, 2016 09:35 PM

Upvote

Rainer
150,466

Michael Thacker - Re/Max Real Estate Center - Louisville

Re/Max Real Estate Center - The Thacker Group - Louisville, KY

Your best friend who just happens to be a Realtor

I think that now at least here, our MLS only sends to Realtor.com. The other sites are getting the feed from my broker, at least that is what I understand is the arrangement since Listhub stopped sending to the others.

Feb 23, 2016 09:10 PM

Upvote

Rainmaker
3,075,567

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Coldwell Banker Realty

What David Barr said...

Feb 23, 2016 08:40 PM

Upvote

Rainmaker
4,434,277

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good question.

Feb 23, 2016 08:00 PM

Upvote

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Good question. One obvious answer is because they make $$$ doing it.
Because Realtors like it.

Even in the bold face of reality, that the property ends up on zillow and we report 90% of buyers begin their search on ZILLOW (internet) REALTORs continue to pay to play....and like it!

We have fallen in love with an idea whose time is coming to an end. The only one who seems to not know this is....well, you get my point.
Exactly, its all about the money. They have us in a strangle hold and they know it
Because they can. They see us as cows waiting to be milked. Inadvertantly break one of the idx rules and we get fined while the big guys steal our content and nothing gets done.
Like Michael said, just follow the money. Ronald has a good answer too.
Good morning Donald. It's all about the money. Follow the money.
A great question , that will probably generate lots of opinions.
Good question. Shouldn't LA receive some sort of royalty fee?
That is a good question, a way to make money I assume. They know we all need it on our web sites.
IDX is included in our board fees. The fees did not increase when they added IDX.
Because they Can, and there is plenty of money to be made doing so.
From what I have seen, you are paying the IDX company for their feed, backend support, wordpress widget and the hefty licence fee for the feed from the MLS.

My board provides a basic, P.O.S. IDX search feed for free to all agents. Not worth the price it costs.
I have always wondered this too. There are many different types & my MLS only charges a complete minimum of like $5-6 per month. If you use their landing page, website, etc the price goes up from there.

But essentially - it's a link so why pay? You are already paying for MLS access right?
It is typically a nominal service fee. It still requires staff time.
I think that now at least here, our MLS only sends to Realtor.com. The other sites are getting the feed from my broker, at least that is what I understand is the arrangement since Listhub stopped sending to the others.