Trulia was selected by the Real Estate Board of New York (REBNY), New York City’s largest and most prestigious real estate group, to power the first real estate search engine dedicated exclusively to New York City-based listings.
More:
What does this mean?
For consumers, the new search engine will bring together residential property listings from REBNY-member real estate brokerage firms onto a single public Web site for the first time. For the non-New York readers out there…it’s worth noting that Manhattan’s hugely important real estate market does not have a widely used MLS that would allow access to all listings through any single Web site today.
A few dozen ambiguous fields is not an MLS system, but it’s better than what New Yorkers have now. And, who knows, maybe the horse will learn to sing…
Technorati Tags: disintermediation, real estate, real estate marketing
Michael Wurzer says:
The plight of the MLS concept in NYC is long in the tooth, including some litigation and lots of politics. A public listings portal is a great addition to the consumer services, but, an MLS system, it isn’t. Additionally, the significant differences of the NYC real estate practice makes pretty much anything that goes on there a poor comparison for what may happen in the rest of the country.
March 23, 2007 — 1:53 pm
Jesse Bilsten says:
I’m all for this. I trust Trulia more to improve their listing service and provide more fields for a more detailed search than I would the MLS’s getting together and merging.
The MLS’s seem so far behind in the technology race (and some just plain in denial) that I’m actually happy when a step is taken to remove them from the picture.
We’re supposed to serve the people, so let’s do that. Either adopt a standard (RETS 2.0) or else the consumers will find another way to search listings (Trulia).
March 23, 2007 — 1:54 pm
Kevin Boer says:
I can’t speak for REBNY or Trulia, but in no way in this an MLS play. Trulia is most definitely not in the MLS business, and they’ll be the first to acknowledge that. My understanding of what they’ve done in New York is quite simply taking their whiz-bang consumer-facing technology platform and enabling New York real estate consumers to benefit from it. So the answers to the questions in the headline are, respectively, “No”; “I have no idea”; and “Irrelevant because of the first answer.”
My 2 cents.
March 23, 2007 — 6:36 pm
Jim Gatos says:
To this day, I can’t understand why I can’t offer to a buyer the ability to go to my site, have them register, and get instantanious updates via RSS feeds.
I’m with MLSPIN… in Massachusetts.. You’re talking about an MLS that won’t even fully support Firefox or Safari.. (Isn’t THAT nice?) Does anything like this already exist, or did I miss the boat? Off course, maybe the boat never even set sail.. LOL…
March 23, 2007 — 7:52 pm