“When today’s consumer is searching for their dream home, they are utilizing more tools and information than ever before,” said realtor.com® President Errol Samuelson, Chief Strategy Officer for Move, Inc. “Today’s historic and collaborative recommendation from the NAR board members empowers us to further expand and enrich the consumer experience on www.realtor.com and its mobile applications with greater breadth of content, and to do so with our continuing commitment to the highest level of quality and accuracy for both the real estate community and consumers.”
The proposal recommended by NAR’s BOD gives realtor.com® more flexibility to publish listings from sources beyond those provided by Realtors®, such as multiple listing services not affiliated with NAR. That includes additional new homes and rental properties. At the same time, the site will reinforce the value of using a Realtor® when buying, selling or investing in real estate, and will give consumers tools to differentiate between Realtors® and real estate agents who are not Realtors®.
“We want consumers to be able to envision their American dreams of homeownership online and then make those dreams a reality in the offline world,” said Thomas. “Working together, realtor.com® and Realtors® are making home happen.”
Move will discuss the details of the special meeting and the amendments during a Q1 earnings call on Aug. 1. Click here for more information. Stay tuned to RISMedia for additional coverage.
