Wednesday
September 17, 2014

Realtor.com® Expands Online Listings with NYC Agreement

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Realtor.com® Expands Online Listings with NYC Agreement

In a recent amendment to its policies, realtor.com® is now allowed to publish listings from non-REALTOR® affiliated sources, and it has started that by cracking open the New York market with an agreement with The Corcoran Group. 

The Corcoran Group, a brokerage that operates 40 offices with 2,200 sales associates, is the first large New York brokerage to provide real estate listing content to realtor.com. Realtor.com® is reportedly in discussions to license data from other New York brokerages and the Real Estate Board of New York.

On July 24, the National Association of REALTORS®' board of directors recommended amendments to realtor.com® agreements that would allow the listing site to expand its listing content online by including direct content from brokerages. Previously, realtor.com® was barred from receiving listing data from non-REALTOR®-affiliated MLSs. 

"This agreement delivers on the promise of the historic decision made by the National Association of REALTORS® this summer to empower realtor.com® as the most timely, accurate, and comprehensive source of real estate information anywhere," Errol Samuelson, president of realtor.com®, said in a statement. 

The amendment to realtor.com®’s operating agreement also now allows it to display new-home plans and communities as well as rentals. 

Source: “Realtor.com cracks open NYC market with listings from The Corcoran Group,” Inman News (Dec. 3, 2013) and Move Inc. 

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