ListHub Terminates Deal with Trulia, Listings Gone Next Week

You've heard it before, get rid of the middle man and go direct to the source.  And real estate is no exception!  Why go through a middleman when you can go direct to the source.  Unfortunately though many big sites sway consumers to do just that.  But what's the cost?  Bad information, bad advice or in this case little or no information may become the issue. ​

In this case as reported by Geekwire Trulia will be losing some of its real estate listings on February 26, after listing aggregator ListHub terminates its relationship with the online home search site. ListHub, which is owned by Move (which, in turn, was purchased by News Corp. late last year), revealed in a letter to multiple listing services that it won’t be working with Trulia going forward.

The news, first reported by HousingWire, comes just days after Zillow completed its acquisition of Trulia. It’s not clear what the company plans to do after ListHub pulls its listing data, though it seems possible that Zillow will power Trulia’s listings going forward. The move isn’t exactly a surprise, since Zillow already revealed this yearthat it won’t be continuing its relationship with ListHub after an agreement to share listing data between the two companies expires in April.

The move underscores the importance of Zillow’s ongoing efforts to get direct feeds of listing data from real estate brokers and multiple listing services. In January, Zillow Group spokesperson Katie Curnutte said that Zillow would have lost “a few hundred thousand” listings out of the 3.6 million on its service if ListHub had pulled its data right away.

As for consumers, Zillow said that it’s working hard to ensure that people continue to get up-to-date listing data.

“It’s incredibly important to home sellers to have their listings on the most visited sites and suites of mobile apps in the country,” Curnutte said in a statement emailed to GeekWire. “We are working to ensure sellers and shoppers won’t see any disruption to their experience on Trulia.”

Trulia will be losing some of its real estate listings on February 26, after listing aggregator ListHub terminates its relationship with the online home search site. ListHub, which is owned by Move (which, in turn, was purchased by News Corp. late last year), revealed in a letter to multiple listing services that it won’t be working with Trulia going forward.

The news, first reported by HousingWire, comes just days after Zillow completed its acquisition of Trulia. It’s not clear what the company plans to do after ListHub pulls its listing data, though it seems possible that Zillow will power Trulia’s listings going forward. The move isn’t exactly a surprise, since Zillow already revealed this yearthat it won’t be continuing its relationship with ListHub after an agreement to share listing data between the two companies expires in April.

The move underscores the importance of Zillow’s ongoing efforts to get direct feeds of listing data from real estate brokers and multiple listing services. In January, Zillow Group spokesperson Katie Curnutte said that Zillow would have lost “a few hundred thousand” listings out of the 3.6 million on its service if ListHub had pulled its data right away.

As for consumers, Zillow said that it’s working hard to ensure that people continue to get up-to-date listing data.

“It’s incredibly important to home sellers to have their listings on the most visited sites and suites of mobile apps in the country,” Curnutte said in a statement emailed to GeekWire. “We are working to ensure sellers and shoppers won’t see any disruption to their experience on Trulia.”

 http://www.geekwire.com/2015/move-owned-listhub-terminates-deal-with-trulia-listings-to-disappear-next-week/
BY BLAIR HANLEY FRANK on February 19, 2015 at 5:18 pm


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