With an ongoing lawsuit brought by the Department of Justice in the background, realtors have been under pressure to open their listings so online-only brokers can deliver them to prospective home buyers.
report on MSNBC. Names of other markets approached or negotiating on MLS with Google have not been disclosed.
While Houston is a respectable market, the real breakthrough will come when high-priced markets like New York or Silicon Valley make it into online listings. Real estate brokers fear losing substantial six percent commissions on multi-million dollar homes; obviously, consumers would benefit financially from competition.
That competition has not been without resistance from the National Association of Realtors. Although they made
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Houston, We Have Google MLS Listings
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