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FAQ: What happens when a buyer reaches out through Zillow and others?

Although it is a boon to a listing agent when Zillow.com, Trulia.com, Homesnap.com, Movoto.com and Homes.com stream our homes for sale on their platforms, they also distribute a whole lot of other information that we never authorized when we agreed to this when we place it on the Multiple Listing Service (MLS).
So what's up with that? What is some of the information we have no control over?
1. That the listing shows "Active" on the market even though it's really not. Very often, the listing is actually under contract and is in escrow. In my case, I have 2 listings under contract and on my MLS they show as "active-backup--but not so on these other platforms. In most cases these escrows are pretty solid. If you, the public, have a buyers agent, they usually advise you to move on after checking with us, the listing agent.
2. Zestimates: Zillow, for example, will give a home value to a listing and that can be all over the lot from day to day. One of my listings was rated quite a chunk under what I put it on the market for; yet, now, a week later, I am right on target, falling right between their ... more

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