4 ms·
Isn't the MLS run by the real estate agents that RedFin is trying to disrupt? >They depend on real estate agents manually inputting their listings into the Zil
by smackfu 12y ago
Isn't the MLS run by the real estate agents that RedFin is trying to disrupt?
>They depend on real estate agents manually inputting their listings into the Zillow/Trulia platforms
Are you sure that Zillow isn't just scraping the MLS data from broker sites?
- uptown 12y agoZillow receives feeds from syndication services like ListHub and Point2, as well as direct feeds from MLS's.
- andrewtbham 12y agothat's true. zillow lists their source at the bottom of listings.
- chatmasta 12y ago> Isn't the MLS run by the real estate agents that RedFin is trying to disrupt? Redfin is disrupting the brokerage model of paying agents price-based commission. As far as I can tell, they are happy to use the existing MLS for listing data, and then put a nice interface on top of it. > Are you sure that Zillow isn't just scraping the MLS data from broker sites? Oh, I'm sure they are. But they can't reasonably do this for 100% of regions, and have 100% coverage. My point about the coverage differentiator of Redfin is that in the regions Redfin serves, it has 100% coverage. Zillow claims to serve nationwide, but does not have 100% coverage nationwide.
- toomuchtodo 12y ago> Redfin is disrupting the brokerage model of paying agents price-based commission. As far as I can tell, they are happy to use the existing MLS for listing data, and then put a nice interface on top of it. Not only that, but they're storing the data forever. You can see every time a property is listed, the price changes, status changes to contingent, sale prices, everything. You don't get that with the MLS system.
- cjensen 12y agoI'm trying to buy a house right now in Fremont, CA. I can confirm that Zillow has errors and omissions whereas Redfin has entirely accurate data. Every Thursday my realtor sends me MLS listings; in every case, Redfin has the new listings.
- NickJohnsonCA 12y agoHi CJensen! I'm part of the friendly team over at Movoto. Have you tried using us? Send me at email at NJohnson@movoto.com and I'd love to help you in any way possible.