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2 part question: 1. Is Zillow or Trulia directly regulated at all by legislation and/or NAR? 2. If tomorrow, every agent decides to ditch their MLS and list directly on Zillow or Trulia; how would the answer to question number 1 change?
I agree Jeff, but I don't think consumers are tolerant of a lot of trade off. I've looked at 100s of agent and broker sites in the past year and most are boring and generic and many are bad, but there are some truly remarkable sites. Leaving aside my brokerage, Houlihan Lawrence and Redfin have astonishingly good sites.