Why would realtor keep listings off Zillow and Trulia?
weedyacres
8 years ago
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rrah
8 years agomojomom
8 years agolast modified: 8 years agoRelated Discussions
List of Questions for Realtors
Comments (39)I am really loving the automated showings system. I have set it up so I get a text message for any showings requests. All I have to do is reply "Yes", and it is approved, or "No". Not sure what happens yet if I say no. I can also log in and block off a day or time, or change the amount of time needed for notification. I also get to see the buyer's feedback online and it's very quick (I am guessing the agents are doing it from their smart phones). First showing cancelled before coming. Second showing said, they loved the house but didn't like the location. Third showing came today. Showed up 1/2 early as we were sweeping up and heading out. We told them it was no problem, and let them come in. Then we left. I got very nice feedback within 1/2 hour after they left; Thanking us for being so accommodating and saying it is their buyer's top choice. Woo Hoo! That's the kind of feedback I like!...See MoreZillow adds for-sale listings
Comments (90)It was mentioned upthread (I think) about the accuracy of Zillow as a database. They'd have to up the ante ALOT in order to garner enough trust from the public to use them as a main listing tool. It only takes a few absurdly wrong listing or assessments before confidence is shaken. The MLS isn't perfect by any stretch of the imagination, but at least there are rules/regulations and fines for incorrectly listed properties. It's quite frustrating when the problem does arise where a realtor hasn't changed the status of a listing in the MLS from active to "pending", a buyer gets quite excited about it, and then you find out it's been under contract and the realtor failed to change it. Heavy fines *do* help keep that from happening alot, so the accuracy of the data is trusted. With Zillow being so far out of whack right, I shudder to think how it'll be when all of those listings are added, and they are not monitored or regulated at all. Stale listings, sold listings, etc, will frustrate people to the point that they won't trust it. Alot of folks are already saying "Zillow is bunk" because of the accuracy of their data. (I'm not saying they won't come up to speed; I'm just saying that they'll NEED to for it to be a trusted, reliable source for the public.)...See Morezillow.com and trulia.com Accurate?
Comments (26)Let's see...Zillow is either totally worthless or pretty accurate. Actually, it's in-between. It's a good reference point that may help you get an idea of how your house is doing relative to the market. Zillow is a computer database of information which is pieced together to give an approximate value. For me, it has been pretty accurate over the last 5 years I've checked it; for others, it may or may not be. Why expect Zillow to be totally accurate when two appraisers can't even agree on the value of a house, or when different buyers have different ideas? People get very emotional about their houses and anyone's valuation of it. If you see Zillow as a useful tool, rather than a threat to your sense of what your home's true value is (whatever that means), you'll be happier with it....See MoreHow to choose listing realtor in a sellers' market?
Comments (10)It's all local and my experiences were not in your market. But we sold our first house off an open. Buyer was at the open on Sunday. Came back on Monday morningfor a showing and made an offer late Monday afternoon. We accepted that day. Second house sold to a couple that came to the open. Open on Sunday, they came back for showings twice and made an offer on Thursday. We accepted that offer. Those houses were both in Northern Virginia Our third house is in a different market. We bought after seeing it at an open, but in this market virtually every house has opens for two weekends and holds all offers until Wednesday and the sellers choose from their multiple bids that day. So basically all houses in this market sell to people who came to an open house. So I would ask your prospective realtors about holding opens in your location. (Our agent for our second house also held a brokers open, at lunch time on Thursday, the day the house hit the MLS.) When we hired an agent for our second house, we interviewed three and chose the one that had the best marketing plan. He had given clear thought to the most likely prospective buyer for our house given it's location and size and was able to tell us how he would target those buyers. He paid for professional photographs, provided flowers for our opens and provided light lunch for the brokers open. He advertised in a local paper (that may be less important now as the internet has become more dominant since we sold that place). Our house also had it's own website as well as appearing on the brokerage website. He also cut half a percentage off his commission when we asked at the interview, but only if the house sold in the first two weeks--said that would reflect his lower advertising costs....See Morehollynla
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