Zillow, Trulia are not as accurate as a local broker or agent web site


Zillow, Trulia are not as accurate as a local broker or agent web site
By Scott Rogers • October 4, 2012
The WAV Group published a rather interesting study yesterday, analyzing the data on Zillow, Trulia, and broker web sites in 11 major markets including the Washington Metro area. Several key findings are represented below.... As shown above, Trulia and Zillow were likely to show a significantly incomplete set of listings --- mainly because they do not have a direct feed from the MLS, and thus they piece together their listing data from multiple sources. As shown above, it takes Zillow and Trulia much longer to show new listings than a local broker or agent web site. Finally, over a third of the listings on Trulia or Zillow will appear to be active, when they are really under contract. Read the full study here for further details, and remember that when you are using Zillow or Trulia for your home search, you are dealing with a partial data set, that is always running about a week behind, and that 1 out of 3 of the houses that you'll be viewing is really already under contract. Feel free to search on my web site here, and stay tuned for exciting announcements about my web site in the coming weeks. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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