Zillow's stance on private listing networks is clear: They're bad for buyers, sellers, and agents. Our industry wins when agents can compete freely and fairly, earning business based on the value they offer — not because they are members of a private listing club.

In a video interview, Zillow President Susan Daimler breaks down how private listing networks limit access to listings for buyers and may lead to lower sale prices for sellers.

To learn more about Zillow's stance against private listing networks, read Daimler's full remarks on the Zillow blog, as well as her conversation with Real Estate News.