Trulia hires iHomefinder founder as VP of industry services

Alon Chaver will build new tools for brokers and MLSs, expand data quality initiatives

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Online real estate marketplace Trulia has hired iHomefinder founder and CEO Alon Chaver to build new services for brokers and multiple listing services, expand data quality initiatives, and strengthen industry partnerships.

As vice president of industry services, Chaver will be responsible for the strategy and direction of Trulia’s broker, MLS and data teams.

Chaver is "a well-respected industry veteran with an in-depth knowledge of listing data standards," Trulia CEO Pete Flint said in a statement. "His expertise will be invaluable as we continue to improve data quality, deepen industry relationships, and expand our services to help agents, brokers and MLSs grow their businesses. We are delighted to welcome him to the Trulia team."

In his LinkedIn profile, Chaver describes himself as having brought "a strong sense of legal and ethical responsibility" to iHomefinder’s "operations, network of high-trust relationships, and the hundreds of MLSs who trust iHomefinder with stewardship of their data."


Alon Chaver

Third-party websites like Trulia and Zillow often get listings from multiple sources, which can make it difficult to maintain accuracy. A recent WAV Group study sponsored by the brokerage Redfin found more than one-third of agent-represented listings on Trulia and Zillow were no longer for sale. The study found the sites also lacked data for about one-fifth of properties that were listed for sale in an MLS.

Several brokerages have decided to withold listings from third-party websites because of concerns about accuracy and ads for agents with competing firms that often appear next to listings. Other brokers have opted to pay for "enhanced" listings or are providing direct listings feeds in exchange for featured placement of their listings and limitations on ads from competing brokers.

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Realtor.com, which has ties to the National Association of Realtors, gets listings directly from MLSs and has not been a target of complaints about listing accuracy, although Edina Realty, the largest brokerage in the Minneapolis-St. Paul market, stopped providing listings to Realtor.com in May, citing ads for competing brokers around its listings.

Trulia and Zillow have both launched campaigns to obtain listings directly from brokers, rather than through third-party syndicators. In May, Trulia recruited Matt Dollinger, who’d been vice president of strategic development with an innovative Chicago-based brokerage, @properties, as head of industry relations.


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  • Mike Parker

    “Market Leader posted a $7.78 million loss on $45 million in revenue in 2012, and had an accumulated deficit of $46.7 million through Dec. 31, according to its most recent annual report. – ”

    Q:How can a company which has never shown a profit and which has a negative net worth be worth $300+ million?

    A: In the real world of value, it can’t be!

    Congratulations to the Market Leader folks and “things will still be the same after the merger.”
    Personally, I would avoid any long term investment in the combined entity, but what do I know?

    This looks to be a case of cheap money making a hugely overpriced deal happen. Sort of like all those overpriced homes sold with no qualifying criteria; lots of people made lots of money on those bad loans, but they nearly killed our economy.

    This won’t cause any such things to happen, but there will be some heartbreak in this; as there is in ANY non-economic transaction. Enjoy the deal while the Sun shines!

  • Marvin Shelley

    Mike Parker There you go being a cynical old geezer. Of course, you are correct. “Enjoy the deal while the Sun shines!” And that is the prophetic statement of the day.
    Are you in Fayetteville, AR

  • http://www.facebook.com/bruce.ailion Bruce Ailion

    HouseValues, Market Leader, a cat with 9
    lives continuing to survive by selling a promise that does not deliver at a
    financial loss to a yet another cash rich investor, hoping to turn a failed
    model into a profit. Too much money chasing too few ideas. Eventually
    you have to make a profit to create value, but Market Leader seems to have
    defied that economic reality. Trulia should stick to what it does
    well instead doing what it’s competitors are trying to do, be all things to all
    people. Yet another group of investors fighting to syphon off money from
    agents.

    Bruce Ailion,
    RE/MAX Greater Atlanta
    An Atlanta Real Estate Expert Serving Clients Since 1979
    CRS, CRB, ABR, MSRE, CDPE, CIAS, e-PRO, ESQ
    404-978-2281 Direct
    bruce@locationlocationlocation.com
    http://www.LocationLocationLocation.com
    http://www.linkedin.com/in/bruceailion

  • David Barr

    The bottom line is that Trulia and Zillow are desperate for entry into MLX feeds, becasue so much of their data is outdated or flat out flawed. When are we, as the Realtors who are in control of our own listings, going to shut them off of our IDX feeds?

    • http://www.facebook.com/natalie.aguilarvogie Natalie Aguilar-Vogie

      I was not aware that whenever an agents submits a listing on both Zillow and Trulia uses the listings to promote other agents, is this correct?

  • http://www.facebook.com/eric.everett Eric Everett

    Market Leader has major traction in the back office of Keller Williams agents. KW pushes the eEdge solution hard, and now that Trulia will be integrating their leads into the Market Leader CRM my guess is they’ll have a leg up over Zillow for new premium subscribers. Trulia will be able to leverage Market Leader’s subscriber base in the way Market Leader was attempting to do and failing with RealEstate.com. And while the 8x sales seems expensive, the new sellers market in real estate is finally allowing agents to make larger ad spends. Obviously Trulia needs to execute the integration correctly for all this to work, but all these other comments seem to be based on a the Market Leader of the past. A number of years ago Market Leader created a great product and once they started licensing it to franchises the game changed. And Trulia paid up for it. I’m interested to see how all this pans out.

  • http://www.facebook.com/natalie.aguilarvogie Natalie Aguilar-Vogie

    I use to purchase buyer leads from Trulia and now that I signed up with Keller Williams I dropped Trulia an urchadung them through Market Leader. I wonder if the costs for purchading leads is going to go up as a result of this merger? Does anyone out there like to give your take on this? I would appreciate it.