{"id":3723,"date":"2012-10-05T13:50:29","date_gmt":"2012-10-05T13:50:29","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=3723"},"modified":"2012-10-05T13:50:29","modified_gmt":"2012-10-05T13:50:29","slug":"study-finds-gaps-in-online-real-estate-sites-listing-information","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/study-finds-gaps-in-online-real-estate-sites-listing-information\/","title":{"rendered":"Study Finds Gaps in Online Real Estate Sites Listing Information"},"content":{"rendered":"

Study Finds Gaps in Online Real Estate Sites Listing Information.<\/h2>\n
\"Study<\/a>

Study Finds Gaps in Online Real Estate Sites Listing Information<\/p><\/div>\n

<\/strong>Some home shoppers may not be getting a full or accurate picture when they view listing information on some popular Online Real Estate Sites, suggests a study conducted by the WAV Group on behalf of Redfin.<\/h3>\n

The study evaluated the accuracy of information contained in more than 6,000 listings among 33 ZIP codes on five sites: Zillow, Trulia, Redfin, and two regional real estate brokerages \u2014 Windermere and Long & Foster.<\/p>\n

The Redfin study found that 36 percent of the agent-listed homes shown as active listings on Zillow and 37 percent of those on Trulia were no longer for sale on the local multiple listing service.<\/p>\n

\u201cOnline Real Estate Sites<\/strong> do not dispute that their listings have some gaps and inaccuracies, though they dispute some of the particulars of the Redfin study,\u201d The New York Times reports. \u201cThere\u2019s a simple reason they don\u2019t have everything their rivals do: Neither of them belongs to the local MLSs, which provide the most complete set of agent-listed properties.\u201d<\/p>\n

Online Real Estate Sites<\/em>\u00a0are not real estate brokerages. Real estate brokers can provide electronic feeds or add their listings so they appear on the real estate sites. As such, some agents that do provide feeds to the sites don\u2019t take listings down quickly after the property sells, says Glenn Kelman, chief executive of Redfin.<\/p>\n

Some\u00a0Online Real Estate Sites<\/span> say it is forming stronger relationships with brokers so that it can improve the accuracy and completeness of its listing information, according to The New York Times. Zillow said it was making a similar effort.<\/p>\n

\u201cThere is no gold standard for listings data, so comparing Zillow\u2019s MLS-only listings to an MLS isn\u2019t going to give you the whole picture,\u201d says Cynthia Nowak, a spokeswoman for Zillow, adding that Zillow also includes items that aren\u2019t often listed on the MLS, like for-sale-by-owner listings and new construction.<\/p>\n

Source: \u201cOn Big Real Estate Sites, Study Finds Gaps in Listings<\/a>,\u201d The New York Times (Oct. 3, 2012)<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Study Finds Gaps in Online Real Estate Sites Listing Information. Some home shoppers may not be getting a full or accurate picture when they view listing information on some popular Online Real Estate Sites, suggests a study conducted by the WAV Group on behalf of Redfin. The study evaluated the accuracy of information contained in … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-3723","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nStudy Finds Gaps in Online Real Estate Sites Listing Information - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Study Finds Gaps in Online Real Estate Sites Listing Information. 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