Posts Tagged ‘Real estate broker’

ACCURATE MLS DATA OR???

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Real estate agents in Silicon Valley enter their “for sale” listings into the MLS Listings data base as soon as the Paperwork is signed.

These listings are immediately available for the public to see by signing on to MLS Listings.com. or at Realtor.com.

No paid for advertising or promotions, just 100% real time accurate data

The Zillows and Trulias of this world (and dozens of smaller Portals) buy this data from us and put it out on their flashy web sites in order to pull you in and sell you some of their “(For Profit”) services.

What they don’t tell you is that our MLS Listings data base is continually updated in real time as agents make additions and changes.

They can choose how often to update their sites and typically do so every 7 to 10 days.

This means you cannot assume that the information they provide is accurate.  

The information you get at MLS Listings.com, or Realtor.com is updated in real time and will always be accurate.

Your choice:

Free on a very well designed web site where the critical data is often out of date.

OR

Free on a less flashy but 100% accurate site.

CHOOSING AN AGENT

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There are many different Business Models in the Real Estate Industry. Here’s just a few examples:
 
1. Buyer Only Brokers.
 
2. Buyer Rebate (“Kick Back”) Brokers.
 
3. Virtual Office Brokers. No physical location.
 
4. Reduced Commision Brokers.
 
5. Fixed Price Brokers.
 
6. Transaction Facilitation Brokers.
 
Etc, etc.etc ad infinitum.
 
All of these and many more are proof that we have a lot of competition in our business, and that the Consumer (Buyer or Seller) has lots of choices.
 
I won’t try to explain the pro’s and con’s of any of these options, but will strongly suggest that whichever of them you choose, you consider working with a REALTOR. My reason for this specific advice is as follows:

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1. There are more than Half a Million Licensed Real Estate Agents in California. This is the minimum required qualification for the job.

2. Only 165,000 of them are REALTORS who have voluntarily agreed to subscribe to a strict Code of Ethics, and are paying members of their Local, State, and National Associations of Realtors.

Amongst many other services Realtors provide to the public is the web site Realtor.com. the most popular of all on-line Real Estate sites. Check out http://www.realtor.com/.