Is Trulia Using You To Compete With All REALTORs

Posted Feb 20, 2008 @ 1:18 pm, Viewed by 664 Visitors, Read 714 Times.
Read More about the The Trulia Debate.
There has been a considerable amount of debate around here about the need for Trulia and its real estate website. Many of the participants in the debate tend to be web savvy REALTORs who grow tired of current and new third party companies who seem to have the goal of dominating real estate related search terms in the most heavily used search engines.
The hottest point of the debate concerning Trulia in my good friend Ryan Ward’s REW blog (Atlanta Real Estate) post was the fact that Trulia places No-Follow tags on the property listing links back to REALTORs websites. This is of concern partly because the reason for doing so is to tell the search engines that you do not trust this website and so do not give any credit for the link. Another big concern is that Trulia likes to give out little widgets for REALTORs to put on their real estate websites, but of course the links in those widgets back to Trulia are regular links that the search engines give Trulia credit for.
Trulia’s answer to all this is that they are not trying to dominate our local search results and compete with us the local REALTORs just provide independent information to the public. I can give you that one, you do give some information to the public, not sure how independent or useful that information is since much of it comes from out of state REALTORs who really should not be commenting on issues outside of their own area of expertise.
To me it does seem that Trulia is in fact directly competing with us the local REALTORs for the eyeballs of local home buyers. Currently Trulia does not charge for leads or to list properties on their site, but as with everything else, there is nothing to stop them from changing that model once they have reached the point of maximum domination of search engine results that they are going to receive!

 

What are your thoughts on the matter?

 


James Boyer REALTOR, to read about issues associated with the Mid-Town Direct Real Estate visit my blog at conventnews.org.

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6 Responses to “Is Trulia Using You To Compete With All REALTORs”

I've already chimed in some of the other debates but ...  Trulia does offer featured listing and other advertising for a fee, so it seems an easy move up to charging for all listings, as Jim said "there is nothing to stop them from changing that model once they have reached the point of maximum domination of search engine results that they are going to receive!"  Maybe its a good idea to let Realtors know how they can give their listings more exposure without helping some of the sites like Trulia.  That is what most unsuspecting Realtors are doing right?  Trying to get more exposure thus posting on Trulia?  Well they can post listings on a variety of blogs, Craigslist, etc  I'm sure there are others that know much better than I a variety of ways to get better exposure without using Trulia.  Point is, Trulia is not a necessity.

Posted 2 years ago

What kills me is that some of the real estate companies out there are requiring that the agents upload their listings to places like Trulia.  I mean really, what are these supposedly educated, Tech Savvy people thinking at these corporate offices of places like Keller Williams, Coldwell Banker, Century 21...  I am not sure that the second two require it, but I know that they at least strongly encourage it.

Posted 2 years ago

Here is a counterpoint to think about. Is you job to sell property or run a website? True, a website is a good tool for selling properties, but do you need to be the one running it? Many Realtors place ads in various media, yet no one would expect them to solely operator those forms of advertisement. So why is a website different??

Posted 2 years ago

nmcquire:  Not sure I follow your logic.  Here is a example that I was thinking about, say I was a securities company (Stocks, Bonds, ...) Would it be wise of me to share openly my database of clients (There addresses, phone numbers, e-mail address) with a third party marketing company, who may have a interest down the road in providing similar services, or may already secretly have some interests now.  I would say, NO.  And to your question It is my Job to reach the public who wishes to buy and sell real estate.  Companies like Trulia, Zillow, Homes.com ... just wish to get in the way of that, and add more cost to the equation.  Now if these companies wanted to add a little more value, and I really mean a little value, they would stop doing the no-follows on the links to the REALTORs websites who are giving Trulia the goose that lays the golden eggs.

Posted 2 years ago

Additionally nmcquire I think you will understand when I tell you that I trust no one with the success or failure of my business.  Many Realtors® do not have the time or possibly the skills to manage their own websites, and that is OK, but they should participate proactively in the managment of their business. I would never give the keys to (or control of) my business to a total stranger such as Trulia.  That is just asking to be put out of business.  So I say, NO Trulia, you are playing a game with the REALTORs® and it is not a nice game at all.  Trulia it is time for you to run your program in a way that is fair to all concerned.

Posted 2 years ago

Nice post Jim!

Posted 2 years ago
James Boyer

James Boyer James Boyer, is a resident of Morris Township in Morris County New Jersey and Specializes in listing and selling homes in Morristown, Morris Township, Madison, Florham Park, Chatham, Summit, Short Hills, Millburn, Maplewood, & South Orange New Jersey and Morris Essex & Union County Real Estate. Read More

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