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Damon Botticelli, Real Estate Photographer (Vegas Real Estate Photography)

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2,708,028
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Misleading, just like Zillow and the others.

      My question:

           When NAR sold lifetime rights to Realtor.com many years ago, how much money were they paid?  And where did that money go?

 

Dec 04, 2017 03:41 PM
Ambassador
3,222,622
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

I think there's no real difference between what R.com, Z.com, T.com do and what I (and thousands of other agents) do with IDX, yet everyone gets in a bind over the companies that take fees for redirecting.  The information is provided.  If the consumer ACTUALLY wants the listing agent, they'll figure that out when Agent NOT THE LISTING AGENT contacts them.
And we could have the argument about whether it's really in the buyer's best interest to be going straight to the listing agent in the first place.

That's my .02 and a bit more.

Dec 04, 2017 02:52 PM
Rainmaker
5,311,875
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Realtor.com is owned by Rupert Murdoch and is not related to the NAR. If you put such rules on them, you need to put them on Zillow/Trulia, Homes.com, etc. If they are not member of the NAR they can't be held to the same standards.

Dec 05, 2017 03:57 AM
Ambassador
5,487,078
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

RTZ are not bound by the CoEs and none are members of NAR so, they are not held to the same standards, unfortunately.

Dec 04, 2017 09:01 PM
Rainmaker
809,308
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Realtor.com is not a member of NAR, so I wouldn't think they have to be held to the code of ethics. They aren't even owned by NAR. -Kasey

Dec 04, 2017 06:02 PM
Ambassador
6,687,212
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Zillow does the same thing, have had several people think that they were contacting me and instead reached an agent who was paying for leads.

For big business there are no rules or ethics.

Dec 04, 2017 03:26 PM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

No, it is not owned by NAR but it does adhere to standards set by NAR. If changes are made it has to be voted on by the NAR Board which I have been involved with voting on changes. However, it is a syndicator so it has a paid structure.

Dec 04, 2017 03:15 PM
Rainmaker
5,482,888
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Money has a way of making rule adjustments!

Dec 04, 2017 03:11 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

There is more dirty businees than just this.

MORE MONEY is what makes the real estate business go around and around...

Eve

Dec 04, 2017 02:54 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

They will probably use the excuse they are not Realtors® to get around it.

Dec 04, 2017 02:50 PM
Rainmaker
1,870,453
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

You need to get a detailed explanation on how IDX works. This is the way it goes. Yes it would be nice if you got the calls on your listings but think about when your listing shows elsewhere? 

You can put any listing on your website as long as you have the correct IDX explanation FYI. You can play the game also.

Dec 05, 2017 05:17 AM
Rainmaker
3,988,138
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It isn't owned by NAR and plays by similar rules as other aggregators like Homes.com, Trulia, and Zillow.

Dec 04, 2017 07:16 PM
Rainmaker
2,818,727
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

So, do you think it would be better that they encourage dual agency and for the buyer NOT to represented????????????????????????????????????

Think about what you just said.

Dec 04, 2017 06:37 PM
Rainmaker
1,100,939
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I think it's total BS and SSDD with these aggregators.
And the only thing we can do is continue educating the public as to what is going on.

Dec 04, 2017 04:22 PM
Rainmaker
602,025
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

NAR violates their own standards on a daily basis. If you read the REALTOR Magazine facebook feed, you can find articles that steer, discriminate, etc.

Dec 05, 2017 05:19 AM
Rainmaker
3,074,389
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Ken Jones, ASA, SCGREA nailed this one!

Dec 05, 2017 03:20 AM
Rainmaker
1,650,342
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

They all do the same thing, even your mls. Breathe. This gives a chance to a buyer agent to step in. Another question, that only those who pay $$ have a chance to get a call on those huge websites. 

Dec 04, 2017 11:35 PM
Ambassador
3,213,379
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

first of all they are not affiliated with NAR so no.  Secondly it's the IDX and create your own leads for ALL the listings out there.  

Dec 04, 2017 06:41 PM
Rainmaker
2,230,207
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Dec 04, 2017 03:45 PM
Rainmaker
5,774,100
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dante,

I think Joe Pryor has given you the answer.  A

Dec 04, 2017 03:24 PM
Rainmaker
2,707,826
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Unfortunately Damon Botticelli those in charge sold off the name years ago (yes, how dumb was that?!) and we have no control over Realtor.com, just as we have no control over any of the other websites that feature our listings.

Dec 05, 2017 07:54 PM
Ambassador
3,430,182
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Corporate entities that have nothing to do with ethics or standards. They are deceptive giants profiting off our MLS.

Dec 05, 2017 08:57 AM
Rainmaker
1,538,464
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've never been happy with these portals for that reason.  They play fast and loose with the rules and while you MAY be lucky enough to get the contact info when someone clicks that, it also goes to everyone who's paid them (and probably them first).

 

There are ways around this but they aren't effective.

Dec 05, 2017 08:44 AM
Rainmaker
1,153,799
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

It is instances like yours that have turned me away from NAR. Although NewsCorp is now the owner of realtor.com the practices have been long in effect to monetize every aspect. No more "contributions" from me.

Dec 05, 2017 08:27 AM
Rainmaker
2,848,479
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It is hard to get an organization, company or group to take responsibility when you need it...For the big items, we need one on one, face to face and the higher standards the better for all concerned. Licensing promotes this

Dec 05, 2017 07:18 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Damon Botticelli They don't care who gets the lead. They only care about their bottom line.

Dec 05, 2017 06:37 AM
Rainmaker
922,304
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I think it's criminal and they are hijacking your business. However, did you read the privacy statement before you clicked "Agree" when signing up? They often spell out that information will be "shared", so don't be too shocked.

Dec 05, 2017 06:26 AM
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 believe you would have to buy a "Showcase" listing package to be the actual agent contacted. They don't give anything for free since their business model is to sell ads, and zips, not to help agents.

Dec 05, 2017 06:25 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It is essential that ethical agents have non-ethical enterprises like The Dominion of Evil Intent and Realtor.com to  exercise such practice for them.

That way they can still sing the chorus, 'We got ethics"

Agents paying these enterprises should get special attention.

Dec 05, 2017 05:38 AM
Rainmaker
5,115,057
Richard Weeks
Dallas, TX
REALTOR®, Broker

I wish we knew.

Dec 05, 2017 05:01 AM
Rainmaker
8,150,778
Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing this information.

Dec 04, 2017 06:17 PM
Rainmaker
1,598,552
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Great answers are here. 

Sep 30, 2018 10:54 PM
Rainmaker
2,071,135
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

What great answers are here

Sep 30, 2018 10:54 PM
Rainmaker
542,913
Sean Casey
Patterson-Schwartz Real Estate - Newark, DE
Greenville, Hockessin, Newark & Bear Homes

It should have been controlled by NAR and not sold in my opinion.

Dec 07, 2017 02:52 PM
Rainmaker
6,003,885
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

 Sadly, no recourse since they are not part of NAR, or REALTORS.

Dec 07, 2017 02:38 PM
Rainmaker
3,986,473
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

If we want to be professional yes

Dec 05, 2017 08:17 PM
Rainer
140,660
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

Damon Botticelli 

No bc the are not owned by NAR

I recommend that you focus on what you can to get the buyer to call you. You can have an enhanced profile on Realtor.com (i believe that you now have to do this through your broker) that will have your name and photo at the top AND in addition the leads go to you. I have had this ad on for at least 10 years and I get all of my leads on my listings. 

Next you can choose to advertise with them. I advertise with Realtor.com, Zillow (now include Trulia) have great success with them all. 

Dec 05, 2017 06:29 PM