cracks open NYC market with new listings from the Corcoran Group

Moving to capitalize on its new freedom to publish listings from non-Realtor affiliated sources, is now getting listing data from The Corcoran Group, and is in discussions to license data from other New York City brokerages and the Real Estate Board of New York (REBNY).

Up until amendments to the operating agreement were approved by the National Association of Realtors in July, the portal could not license data from non-Realtor-affiliated brokers and multiple listings services.

“New York City was a bit of a hole for us,” said Curt Beardsley, vice president of product marketing at operator Move Inc.

The Corcoran Group is the first non-NAR-affiliated brokerage to send its existing-home listings to since Move and NAR signed off on amendments to the 1996 operating agreement. The amendments were motivated in part by the desire to stem’s loss of Internet market share to competitors like Zillow and Trulia.

The Corcoran Group had previously sent data feeds to Zillow, Trulia, The New York Times and the New York City-focused site StreetEasy, which Zillow acquired in August, said Matthew Shadbolt, director of interactive product and marketing at The Corcoran Group.

Shadbolt said some of The Corcoran Group’s listings were already appearing on, funneled to the site by Realtor-affiliated MLSs that the brokerage belongs to. The new feed to will bring additional listings, predominantly from the New York City boroughs of Manhattan and Brooklyn, to the portal.

“This agreement (between and Corcoran Group) delivers on the promise of the historic decision made by the National Association of Realtors this summer to empower as the most timely, accurate and comprehensive source of real estate information anywhere,” said Errol Samuelson, president of, in a statement.

The amendments to the operating agreement will also allow the website to shore up holes in its listings database in parts of Seattle and Hampton, Va. In those markets, has feeds, but some data from non-Realtor-affiliated sources has been filtered out, Beardsley said.

In most parts of the country, including California, Florida and Colorado, has been able to receive data from non-NAR-affiliated brokers because the MLSs that fed the portal data in those areas didn’t differentiate among their sources. takes data from brokers only if an MLS requires it to do so. gets direct feeds from more than 800 MLSs across the U.S., representing approximately 98 percent of the MLS-listed homes for sale. Beardsley says the portal is looking to add to that total, now that it can sign licensing agreements with the handful of non-Realtor-affiliated MLSs from which it was previously barred from doing business with.

The amendments to the operating agreement also allow the site to display rentals, new homes and new-home communities not represented by Realtors.

By: Paul Hagey

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