Bad news!
Maybe there were convincing, historical reasons why the residential real estate business/market is so overregulated in the US and why real estate agents have so much control over it, but it has been antiquated and unnecessary for at least the past two decades or since the Internet!
"... Starting Monday, Zillow will be banning home listings that have been marketed publicly by a real estate agent — which includes everything from planting a for-sale sign in the front yard to posting on Facebook — without being shared in the local databases that feed home listings to the rest of the real estate industry, including Zillow and other search websites, within one business day. The move is part of a broader fight over "exclusive inventory" or "hidden homes" — basically, properties advertised in some places but not others. In an attempt to seize more control over their listings, agents at some real estate brokerages have been advertising homes in internal databases or posting them only on their own websites, out of reach of the search portals. ..."
Credits: The Flyover
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