Trulia to construct REBNY Web portal
The Real Estate Board of has selected Trulia.com to construct its online listings search engine. The Web portal will make REBNY member brokerages’ residential listings available to the public. REBNY selected Trulia for the project from a shortlist of six finalists. The planned Web portal has been the subject of intense scrutiny among REBNY members, with smaller firms claiming the portal would give larger firms an unfair boost, since listings from bigger brokerages would greatly outnumber those from smaller brokerages. Supporters say the portal will be a big step forward for the real estate marketplace because consumers will have one centralized place to look for property listings, similar to the MLS sites that have long existed in other markets. REBNY announced earlier this month that it was reversing on its initial plan to make the portal mandatory for all its members and that it would revamp its fee structure. TRD
Does this mean that all REBNY listings will be on Trulia.com?
Is this the work-around for Realtor.com?
Seeing as Trulia was kicked out of the Prudential Convention in San Diego this week – see Sellsius Real Estate Blogs Deep Throat: Prudential Kicks Trulia Out Of Real Estate Tradeshow , it will make for interesting “chat” as PDE is both members of REBNY for their Manhattan offices and the NAR for their Long Island offices. Now, Realogy, parent company of Coldwell Banker, Century 21 and ERA real estate, as well as Sotheby’s and Corcoran, have put most of their listings (not Sotheby’s or Corcoran) on Trulia.
Seems like Trulia is the web listing service to watch! md
UPDATE: See Sellsius post: New York Times Online Real Estate Section to Become Extinct? for more coverage