The old axiom “Let the buyer beware” still rings true today. The story under consideration revolves around some of the most well-known national real estate websites (need we mention any names?), and how they show home-listing information to consumers. Most recently, eight Texas real estate brokerage companies decided that they will no longer send their listings to these big-name real estate sites (again, need we mention any names?). These Texas realtors cited concerns about unethical business practices and inaccurate listing data on third-party sites (one of their names starts with a Z). Apparently there’s lots of concern out there that those other websites aren’t doing enough fact checking, and may even be playing games to get realtors to buy ad space on their sites! The brokerage firms announced they would take the same step and end listing syndication to what they called “real estate advertising portals.” These include Zillow and [...]
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