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Updated over 4 years ago on . Most recent reply
Big Changes to Zillow Rentals
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Zillow is committed to growing the most robust rentals marketplace and providing an exceptional shopping experience to renters. To further this mission, we’re updating how we manage rental listings. By moving to Zillow Rental Manager, we can help you fill vacancies fast with innovative solutions that streamline the renting process for both you and tenants: online applications, leases and payments. |
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I just copy/pasted the email I got from Zillow and it sounds like they're going after another cash grab and will be charging $10/WEEK for rentals that come through the MLS feed. Agents who do a lot of rental listings will essentially be double charged...$10/week by Zillow and then whatever fees their brokers charges, plus paying a commission to any tenant's agent.
I know they started charging mom and pop landlords to post listings on the Zillow Rental Network, which seems like a fair price for such wide exposure. But charging agents seems like "biting the hand that feeds" because Zillow's entire web platform is built off syndicating MLS data (which we agents already pay for in terms of subscriber fees to maintain each of our MLSes).
It is a little ambiguous if MLS rentals will not show up at all on Zillow going forward, or if they just won't be part of the "Rental Network" with additional features and exposure.
https://www.zillow.com/z/renta...
Thoughts?