Realtor.com / NAR no longer has your back even if you pay your $500 annual fee.

Written by Posted On Tuesday, 11 June 2019 12:01
Don't expect your listings on Realtor.com to generate leads. All leads go to other agents who pay a hefty monthly fee. Don't expect your listings on Realtor.com to generate leads. All leads go to other agents who pay a hefty monthly fee.

If you syndicate your listings to Realtor.com from your MLS don’t expect to see leads. Even though each listing has a ‘Get more information,’ ’schedule private showing,’ or ‘contact agent‘ don’t expect to see the lead. Realtor.com is now acting like Zillow but worse.  They take that lead and send it to local agents who then follow up with the prospective buyer.  

Last week, a consumer called me displeased because she clicked the contact agent button on Realtor.com and we never got back to her. Then she received a message from another agent who knew nothing about the new construction she was inquiring about but the agent said she could introduce her to a local builder and had other lots.  The buyer wasn’t happy and felt wronged. She was expecting to speak with us directly about the development. This is not cool.  

My team and I researched what was going on and contacted Realtor.com but never heard back. 

As a realtor, we pay a shitload of money for very little in return. Realtor.com wants to be like Zillow, but worse because Realtor.com is not letting consumers reach the listing agent at all via private message. All links lead to their lead gen offering.  So the consumer has a great experience when they reach another agent who knows nothing about what the consumer was inquiring about.  Furthermore, Realtor.com knows very little about online conversions. They require buyers to leave their phone number. This removes at least 50% of potential leads. Most want to build rapport via email, then speak on phone when comfortable. Requiring a phone number is so 2001 and it's a poor way to get leads. Having a phone number as an optional field is the best approach. 

Realtor.com used to be for Realtors by Realtors, but now that want to be more like Zillow and this isn’t a good thing for agents who work hard to get listings. If you want to get your own leads that you bust your ass to get, you will have to pay up a big monthly fee.  It's complete BS. NAR should stand up for Realtors but they obviously don't care. This is what happens when you don't own your own domain name. 

Sorry for the typos, I am writing from my iphone. 

Drew / InstaMLS and Hillman RE

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Drew

Been in this game a very long time. Have sold landmark properties around the city of Boston. Also, dabble in residential to keep sharp and knowledgeable. My biggest assets are my instincts and ability to negotiate so my clients are put in the best position to succeed.  I was trained by the best and there's not much that I haven't seen.  

https://instamls.com

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