The Northwest Multiple Listing Service recently instituted new rules which allow home sellers to prevent agents from blogging about their properties. The rules also block automated valuation models (AVMs) from appearing next to listings. AVMs, such as those produced by Zillow.com, are intended to reflect the market value of a property but do not always tally with listed prices.
Is withholding information ever going to serve a home seller well at a time when the real estate business is striving for more transparency?
Read my post on the subject today on On The Block.