Shannon  Thomas, Managing Broker, E-Pro, ABR,SRS, SFR (Selling Indy Metro, LLC)

Spam prevention
Ambassador
1,500,361
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I do not buy leads and don't have anything to do with Z.

Apr 14, 2015 11:02 PM
Rainmaker
96,721
Shannon Thomas
Selling Indy Metro, LLC - Avon, IN
Managing Broker, E-Pro, ABR,SRS, SFR

Thank you Michael and Nina,

I was telling my Brokers office manager about it and he said interesting another agent brought up the same thing and that he would not be able to continue.  

I have til 3 pm today to make my decision but it won't be a hard one.  For my market and the small amount of leads I get from Zillow it would mean a cost of $15,876. per year and I know I didn't close enough transactions to warrant this price.  I would have to close near $48,000 to get 2/3's back and wow does that not happen.  They are way off base.  

I'm checking out of Zillow fees al together and checking into marketing my website.   Just not worth it.

 

Apr 14, 2015 09:52 PM
Rainmaker
3,125,510
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Shannon... I believe their prices have gone up everywhere. I think the pricing is insane. But then, with all the law suits they need to pay for them somehow (by charging us, it seems). I've heard of a lot of agents cancelling their subscriptions. If even do, maybe Zillow will rethink pricing.

Apr 14, 2015 09:03 PM
Rainmaker
175,264
Spirit Messingham
Tierra Antigua Realty - Tucson, AZ
Third Generation Full-Time Realtor® 520 471-6900

YES.  I was "grandfathered" in on pricing for a zip code.  It went from $200 to $850 a month.  I told them no thanks, and that they have finally done it.  I have watched them for years dilluting their shares of impressions they sell, and raising the prices.   I knew sooner or later they would price themselves out of the game.  For me, they just did that.  I will move on and find another adverstising source that works for me. 

Apr 14, 2015 11:51 PM
Rainmaker
3,357,178
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Shannon -- doesn't matter to me as I don't buy leads.  I wonder if your investment might be better spent elsewhere.  

Apr 14, 2015 10:46 PM
Rainer
213,185
Marla Yost
Marla Yost Team- Keller Williams Realty - Arlington, TX
The Marla Yost Team

I don`t use them but a friend of mine said hers went up like that also. I use to buy leads then we learned how not to let all those companies sale our own leads back to us.

Major rip off to me.

Apr 15, 2015 02:19 AM
Rainmaker
323,165
Fred Cope
Reliant Realty in Nashville, TN - Nashville, TN
Looking For Homes With A Smile

Zillow no longer has a competitor.  They are a monopoly.  Agents do the work, NAR and the MLS charge the agent for listing the product, sells the usage to Zillow who then turns around and charges the agent again.  Nice racket.  Poor business on our part. Right?

 

We need to think on this, and consider our alternatives.  We are the cash cow on a leash!

Apr 15, 2015 01:05 AM
Rainmaker
4,481,449
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Shannon,

I would save my money, and invested elsewhere.  Seems, like it is a lot of $$$ to put out for so little.  

Apr 15, 2015 12:23 AM
Rainer
210,865
Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

I'm pretty sure its going on everywhere. Everyone should cancel their Z advertising.

Apr 14, 2015 11:04 PM
Rainmaker
766,546
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Always remind yourself, when considering doing business with the darkside that the top executive of REALTOR.com have defected to the darkside two years ago. If you liked the abuse delivered by REALTOR.com over the past decade, image the abuse ahead when you have NO OPTIONS.

You may choose to go to the TRENDING BLOGS section of AR and find the blog posted by a darkside executive and share from the fieriest place of your emotions how you feel.

Let me make it easier, here is the link.

http://activerain.com/blogsview/4640434/jay-t-from-zillow-group-here-

Shannon Thomas should be commended becuase she is the only one who actually took action today as of 11:10 April 15. She expressed  herself to the Zillow executive.

I keep asking all of you...what is your option if you choose not to play with the dark side?  Are we so selfish we can't see our options? Spend your money promoting your FRANCHISE website, NOT your website. The public will not trust www.annettelawernce.com but they will have greater trust in www.Remax.com  

When you cause youself to have no options, the one holding ALL the cards can charge whatever they want and at the same time suggest to the public the customary fee you should be paid is $2,500 period. And WE allow them to be the only public facing voice because we don't promote our own resources.

The problem is, your broker and franchise may be collaborators with the dark side. The ones who are not are the ones participating in the lawsuit against Z.

We are actively building the cage of our own confinement by our inaction.

Apr 14, 2015 09:59 PM
Ambassador
2,758,551
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning Sharon. I've heard of some real estate agents in our area complaining about the rates going up. They were not happy campers.

Apr 14, 2015 07:55 PM
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Not for me.  I don't buy into them.

Oct 01, 2018 07:48 AM
Rainmaker
629,317
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

Well, they want to make money!

Apr 19, 2018 10:33 PM
Rainmaker
3,053,541
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

John nailed this one!

Sep 17, 2017 06:11 AM
Rainmaker
3,983,315
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't buy leads...I don't deal with Z or T or any other 3rdpoarty NON-Professional sites.

 

Agents need to get smart and stop making these 3td party sites rich!

Apr 15, 2015 07:46 AM
Rainmaker
1,378,517
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Shannon Thomas 11 junk leads is the handwriting on the wall. Save your money and invest it elsewhere for a better ROI.

Apr 15, 2015 01:54 AM
Ambassador
1,118,640
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

I think they are because they are trying to keep multiple people from getting the same lead

 

Apr 15, 2015 12:49 AM
Ambassador
1,643,665
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The probable reaosn is that Zillow has maxed out its Premier agent dollars. With over 100,000 subscribers to this program that constitutes abour 50% of the producing NAR members since that is the current estimate of who is full time making a living of the 1 million. Zillow as a media company has no choice but to seek more revenue from other programs or raise prices. If you look at their forward PE ratio it is over $1000 invested to equal 1 dollar in return, and that's not good. Expect a % referral prgram and more emphasis on FSBO to enhance revenues.

Apr 15, 2015 12:31 AM