As you've likely heard, this week Zillow announced it will acquire ShowingTime. We realize this announcement has raised some concerns among our GCAAR membership, and we've been working behind the scenes to gather as much information as we can to share with you.
Please see below for a statement and additional resources from Bright MLS. We will continue to update you as we learn more about this developing situation.
"Bright received this information with everyone else late in the day on February 10. We appreciate all of the feedback we continue to receive about this announcement and remain committed to evaluating all options and providing choices to our subscribers when it comes to showing solutions.
"It is important to remember this acquisition was just announced. It still needs to go through the U.S. government’s antitrust review and approval process, which will take time.
"While we evaluate new choices, we plan to continue to offer ShowingTime. Use of this tool is optional and will continue to be. All current agreements and requirements surrounding the privacy of Bright data remain in effect, with strict confidentiality requirements that apply to both listing data and any data you supply to ShowingTime such as contact information and showing information.
"Bright MLS will discuss the outcomes of this acquisition in the coming weeks and determine the best course for all subscribers. [We] are committed to providing brokers and agents choice when it comes to showing solutions."
For more information on Bright’s response, visit BrightMLS.com/showingtimeupdate.