In case you missed it, there was some drama on the RE.net this past weekend as people realized that Howard Hanna, seventh largest brokerage in real estate by Sales Volume with $37.7 billion, 115K transactions, and almost 12,000 agents pulled out of IDX in Northeast Ohio.
I knew about it because of this video announcement from almost two weeks ago:
But I didn’t think it was that big a deal for a variety of reasons, some of which I can’t talk about. But generally, I figured most people simply didn’t care that much about IDX.
Turns out, I was wrong. Seems that a whole lot of people care a great deal about IDX. Apparently, everyone went a bit apeshit over the weekend… and I missed all the drama because it’s quite sunny and warm here in Las Vegas and my pool is very, very blue.
Well, I just finished listening to a Twitter Spaces hosted by my podcast partner Greg Robertson. He did a great job as usual, with speakers like Sam Debord, Greg Fischer, Cole Boyer, Shaun Simpson and Dmitriy Kruglyak. You can find the recording of the Spaces here:
https://twitter.com/gregrobertson/status/1673420454399463424
I guess I do have a few thoughts now. Not about Howard Hanna’s withdrawal from IDX coupled to a direct feed to Zillow… since that’s pretty straightforward and self-explanatory. But about the reaction from the industry about that pullout.
So let’s get into it.
