news corp
Realtor.Com and Opcity Sell Out Realtors Nationwide
Everybody knows that Realtor.com was late to the party online but few expected Realtor.com and Opcity to sell out Realtors nationwide. There was this fragile part of many agents who desperately wanted to hold out hope for Realtor.com and looked at this particular website as representing Realtors everywhere in the country.
Instead, Realtor.com and Opcity is beginning to charge agents a hefty referral fee in order to receive buyer inquiries. This Sacramento Realtor is not entirely sure how it works yet but I can tell you that News Corp (owned by Rupert Murdoch) now owns Realtor.com. News Corp also bought Opcity. I know, you’re thinking why doesn’t the National Association of Realtors own Realtor.com? Why did they sell it to such a horrible person?
It’s a long story. Involving Move.com, a company I cannot seem to get rid of although I have diligently tried to stop it from spamming. As for Murdoch, he’s pure evil.
The whole affiliated relationship picture of Realtor.com and Opcity is ugly and repulsive to me and to many other agents. It doesn’t do any good to lament Realtor.com and what could have been because it never happened; crying over spilt milk doesn’t help.
From now, leads will be monetized and I predict that Realtor.com and Opcity will enjoy a fruitful relationship from milking morons for years to come.