The Denver Channel 360 interviewed multiple perspectives on real estate agents versus iBuyers, including an iBuyer who said time is money, home sellers who warn that you get what you pay for, an agent who doesn't want you to leave money on the table and a homeowner who wants to just keep it simple. Home sellers: You get what you pay for REALTORS® couldn't...
A February report from Zillow paints a different picture than the one from CAR. ### DENVER — In a market trends report released in early February from the Colorado Association of REALTORS®, the numbers show Denver median home prices going down by 1.2 percent in January of 2019 compared to January of 2018. "We're seeing prices go up 3 to 4 percent in some...
Zillow, a company best known for real estate listings and home worth estimates, is trying to lessen the stress for sellers by getting into the home buying business. It's called Zillow Offers. The idea is to make it as convenient as possible for the seller. "They're a terrific choice for some people, but we've heard they're not buying every house," said...
How the FTC decided to allow the Zillow/Trulia Merger? The following are the comments of the Federal Trade Commission in setting out their view of the Zillow/Trulia combination. This is interesting reading for all industry participants. We note that REAL Trends (along with many others) filed an expert report on this matter, which laid out industry fundamentals as to how brokers...
Zillow, Inc. announced today that it has entered into a definitive agreement to acquire Trulia, Inc. for $3.5 billion in a stock-for-stock transaction, which is expected to close in 2015. The combined company will keep both the Zillow and Trulia consumer brands and will see Trulia CEO Pete Flint maintaining his position, though he will report to Zillow CEO Spencer...
NAR is joining a lawsuit filed by MOVE, Inc. against Zillow and new Zillow Chief Industry Development Officer Errol Samuelson. In addition to NAR and MOVE, the plaintiffs include RealSelect, Inc., Top Producer Systems Company, and Realtors® Information Network, Inc. NAR’s relationship with MOVE and realtor.com® is based on a mutual respect for REALTORS® and their efforts to bring online home...
The Internet has transformed how consumers shop for a wide variety of goods and services, but many issues remain unresolved when it comes to marketing homes online. About half of real estate agents appreciate that they can get their listings out to thousands of potential buyers via national websites, said Steve Murray, CEO of Castle Rock-based REAL Trends, during a Denver...