Zillow Group Announces Sale of ActiveRain to the Ben Kinney Companies
ActiveRain Real Estate Network (ActiveRain)
Today is another big day for ActiveRain, as Zillow Group just announced the pending sale of ActiveRain to the Ben Kinney family of companies. The sale is expected to close…
Huge News for the Future of ActiveRain
Ben Kinney (ActiveRain Inc.)
Hello ActiveRain Community: I'm excited to announce that I have come to an agreement with Zillow Group to purchase ActiveRain and return it to the independent status that was…
The above was an email received today on email blast about the announced purchase from the Ben Kinney Companies, while I think its great that Zillow is letting go of ActiveRain back to the Realtor community since it was built by Realtors for Realtors and Buyers and Seller.
I would imagine this is interesting timing on Zillows part with the discussion of MLS feeds and Boards currently starting to charge Zillow fees for the feeds that are proposed with some boards and with other boards proposing to pay Realtors dues since the Realtors do the data entry and work required to get the listings.
I do wonder what those Realtors that are competing with the Ben Kinney Real estate offices directly think of this announcement and the lead generation and behind the scenes of the website on ActiveRain. I looked quickly at the Facebook page for Kinney from the ActiveRain profile and so far all positive comments.
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