What can you expect moving forward?

As you may have heard by now, DotLoop has been acquired by Zillow Group. We’re very excited about this milestone for our company, as it means greater resources to accelerate innovation and make our products and services even better for brokers, agents and the clients they represent.

Elissa Williams
almost 4 years agoJuly 24, 2015
Good to get your face out there, Austin. ..  and kudos to you on the sale!..  However...  Many agents hate Zillow and will not believe anything but the worse...  and will be adverse to paying money to anything connected to Zillow.  You will need to keep up the face to face updates and let people see who Dotloop is.... and know the goals moving forward... just a tip
Anonymous
almost 4 years agoJuly 24, 2015
I agree.  Members are hesitant to continue using dotloop
Austin
almost 4 years agoJuly 24, 2015
Thanks for the feedback Elissa. Will do!
Anonymous
almost 4 years agoJuly 24, 2015
The way it is now, zillow supports non-mls sales which directly compete with services that realtors provide
Anonymous
almost 4 years agoJuly 28, 2015
zillow has been signing direct feed agreements all over the country with MLS
Anonymous
almost 4 years agoJuly 24, 2015
So we will be doing business with a company who sells us leads and encourages sale by owner transactions?  I feel they will have the ability to pick our brains by viewing our transactions.  Not a very good way forward for realtors.
Austin
almost 4 years agoJuly 24, 2015
Thanks for your inquiry. You'll continue to do business with dotloop, we'll just have more resources and a new parent. Our customer relationships wont change. And data will only be used in ways that are permitted by the license in place with our agents and brokers.
Anonymous
almost 4 years agoJuly 24, 2015
I might have to dust off zip forms.  At least our transactions won't be stored with our competition!
Austin
almost 4 years agoJuly 24, 2015
Your transactions will continue to be stored in dotloop. We exist to help you compete, not to compete with you.
Anonymous
almost 4 years agoJuly 24, 2015
Zillow IS trying to invade this real estate business and get between agents and the public.  This is just one more step that direction.  Bad day for Realtors!
Anonymous
almost 4 years agoJuly 24, 2015
we Realtors should cut Zillow off from access to our information
Steve Holt
almost 4 years agoJuly 24, 2015
00:00:00
We will be approaching this with extreme caution. Zillow is not a friend to Real Estate agents. Their support stinks. I hope your support will continue to be stellar.
Austin
almost 4 years agoJuly 24, 2015
Thanks for the note. Mark my words, our support will continue to be stellar!
Anonymous
almost 4 years agoJuly 25, 2015

Anonymous
almost 4 years agoJuly 25, 2015
Ditto---Zillow is a nightmare for the real estate industry!!
Anonymous
almost 4 years agoJuly 26, 2015
"Dotloop’s transaction data could also help Zillow Group enhance its listing information."
Anonymous
almost 4 years agoJuly 26, 2015
That's what we DON'T want... to be in the business of providing Zillow what it needs to continue cutting Realtors out of the process...   Additionally, Zillow has already made the front end so accessible for Sellers (using data collected and compiled by real estate professionals) to sell their own properties to Buyers... and  acquiring Dotloop will help them to take over the back end as well.  The real estate landscape is changing, and I will have my eye on it.  As the broker of my company, and a current VERY happy Dotloop user, I will be watching this VERY carefully, and am not initially thrilled about this...
Anonymous
almost 4 years agoJuly 27, 2015
I'm pulling away from Zillow, and I'm disappointed that Zillow and Dotloop are merging.  However I understand the financial benefit for the founders of Dotloop and the company as a whole, but I longer want to be an advocate for Dotloop.
Anonymous 2
almost 4 years agoJuly 27, 2015
I'm sure there are legal agreements in place, however, Zillow is in the business of taking agents money. They could care less about accuracy of listings or for that matter the pricing. They are doing all they can to do away with real estate agents. This is BAD for all agents as the information we are storing with Dot Loop will now be in the hands of the "evil empire". 
We may have to re-evaluate our agreement with Dot Loop and start looking again into another company. BAD DAY FOR THE REALTOR!
Austin
almost 4 years agoJuly 27, 2015
Thanks for sharing your thoughts. We've been helping agents and brokerages for 6+ years at dotloop, this announcement just means that we'll be able to that better and faster in the future. It will mean good things for agents and brokerages and we look forward to proving that over time!
Cheryl
almost 4 years agoJuly 27, 2015
And I'm sure the Iranians will not stray from their agreement to discontinue production of nuclear weapons.
Sorry, not buying it.
Austin
almost 4 years agoJuly 27, 2015
If you're comparing Zillow Group to Iranians use of nuclear weapons, I'm not sure that I can say anything to change your mind. Hope to win you back in time!
Anonymous
almost 4 years agoJuly 28, 2015
This is talking point nonsense from Spencer Rascoff: "We sell ads. And provide software. Ads generate leads. Leads that convert into deals are worth more."

Repeating the same words over and over doesn't make it any more true.
Anon
almost 4 years agoJuly 27, 2015
Up until now Z contended they were in the advertising biz ONLY.  Austin, please help us understand how DL fits into that picture.
Austin
almost 4 years agoJuly 27, 2015
From Spencer Rascoff - "We sell ads. And provide software. Ads generate leads. Leads that convert into deals are worth more."
Anon
almost 4 years agoJuly 28, 2015
I don't see how that answers the question.
David
almost 4 years agoJuly 28, 2015
elephant in the room:  (1)does the DL agreement permit Zillow to access the data brokers place in DL? 
(2) can Zillow retain that data? forever? 
(3) can Zillow create "derivative works" from that data as it deems appropriate in its sole discretion?
anon
almost 4 years agoJuly 27, 2015
peoplework
Anonymous
almost 4 years agoJuly 28, 2015
I will be leaving KW and going to another firm that does not use dotloop. I do not believe in, nor do I trust Zillow in any way.
Anonymous
almost 4 years agoJuly 28, 2015
Zillow is a direct threat to brokerages and competes with realtors. They'll move to more of a movoto model and take 30 to 40% of your commissions for leads. End game: zillow brokerage
Anonymous
almost 4 years agoJuly 28, 2015
Nice job Austin- realtor should live the speed of new development and consumers win with a better experience.
Austin
almost 4 years agoJuly 28, 2015
Thanks!
Marcia
almost 4 years agoJuly 28, 2015
My broker just switched everyone over to Dotloop. As far as I know we have no alternative but to use Dotloop. I make jokes all the time about "Dot being loopy today" because it does weird things like lose an entire loop for a few days and suddenly not send documents to someone who has been receiving them up to that point. Everyone worries about the security. The perfect picture of everyone sharing documents in the same loop is a fairy tale. Most agents send and receive documents in a separate loop with their clients than the one they are using to send documents to the other side of the transaction. No one wants the other agent to have their clients email addresses. I was able to see a couple of documents once in someone's loop that I should never have had access to. Now that Zillow is taking it over, I can't imagine how bad it could be. I don't trust Zillow, and neither does any other agent I know. I think this acquisition is going to eventually cause brokers to look for alternatives. This is very BAD for Realtors.
Austin Allison
almost 4 years agoJuly 29, 2015
Hi Marcia. I'm sorry you feel this way about dotloop and that you don't trust Zillow. Do note however, that the additional resources are only going to help dotloop get better, not worse. This will be very GOOD for both agents and brokers, and we look forward to proving that over time! Austin
Kayla
almost 4 years agoAugust 2, 2015
Marcia, I think it would be benificial for you to take a Dotloop class with your brokerage or with Dotloop. Those types of issues are very easily preventable if you know how to use it. I know a lot of agents in my office think "Dot is Loopy" but I can usually show them what they are doing wrong to prevent it in the future. Your loops are probably disappearing because you have filters on and you can share only one document at a time in a loop without sharing the whole loop. Having two loops with the same documents to prevent accidental information sharing is also easily doable and managable. Try a class, I think you will really enjoy Dotloop and see its not as loopy as you think.
Austin
almost 4 years agoAugust 3, 2015
Thanks Kayla, and great point. For more info on training, you can contact Hunter at hmorgan@dotloop.com.
Your comment