Just How Accurate are Listings on Trulia and Zillow?

As reported by Inman, a recent study commissioned by Redfin has found that listing sites such as Zillow and Trulia have shown to be much less accurate in providing listing information than dedicated realtor sites.

Consulting firm WAV Group, who conducted the study, found that, in 11 major markets, listings were less timely, informative, and accurate than their respective counterparts on three broker-operated sites. The reason for this is because most broker-operated sites feature direct information pulled from MLS sites. Trulia and Zillow rely only partly on MLS sites, also receiving information from syndication and direct input from realtors. As a result, old listings and only partial information will sometimes be displayed.

In the parameters of the study, which featured randomly selected zip codes, it was found that 36% of the listings on Zillow and Trulia were actually no longer for sale, as compared to a less than two percent finding on broker sites. In addition, while 100% of the MLS listings were present on broker sites, only about 80% of MLS listings could be found on Zillow and Trulia.

While sites such as Trulia and Zillow are great for quick looks and basic statistics about communities and neighborhoods, when providing more in-depth analysis and accurate listings, they can be found lacking. This is part of the reason why we put so much time into creating our brand new site, ExclusiveCollection.com.

We provide in-depth articles about all the communities in the Central Florida area that go beyond what you’d find elsewhere. In addition, our neighborhood search offers accurate and up-to-date MLS listing and map data that make finding the perfect home an easy task. So give it a look, and tell us what you think!

- Michael Kara
RE/MAX Exclusive Collection
407-447-2829
marketing@exclusivecollection.com
www.karahomesorlando.com

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