Wednesday, November 28, 2007

Real Estate web 2.0 Trulia and Zillow




Here is an excerpt from a post i made on the website Trulia. This is one of the many websites that i frequent and actually contribute answers to consumers questions. With the evolving web 2.0 technologies sites like these will become more and more effective.

"These sites have filled gaps that were created by alot of inadequate real estate sites. It is no coincidence that as the public started to demand more access to the MLS. Sites such as Zillow and Now Trulia have grown faster than ever.

" The FTC and Justice Department had engaged in 15 investigations over MLS policies that block exclusive agency property listings from public display on the Realtor.com and some other public-facing property-search sites".

As these sites start to open the public to more access of listings and everyone with an idea creating a new listing service. It seems like this is just the beginning. Those that think things will ever be the same might be in for a shock.

With success comes responsibility and the sites will soon see that creating accurate models and continued improvement will either see them prosper or just open the door for the next big website.

It is a wonderful time for real estate professionals, some see a negative in progress as others see opportunity. The fact that you see all these questions on Trulia and new forums for discussion should be confirmation that a Realtors expertise will always be needed. Sure these sites make it easier for the public, but they cannot fulfill all of a Realtors Expertise.

Realtors will always play a role in the industry no website can replace them, and i like that other sectors of the economy meaning technology are helping us think outside the box and allowing us to reach more people.

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