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Bottom Line Publications: Common Errors on Real Estate Web Sites

By
Real Estate Agent with Alain Pinel BRE 01367196

whom to ask

Much as I love the presence of websites like Trulia and Zillow where I can enhance my listings, answer questions, even blog.....from time to time, I get inquiries from people who "found the listing on the internet".

Oftentimes, the listing is either sold/expired, or it's not even listed (as in the case of RealtyTrac posts). 

I love the opportunity to enlighten the folks who inquire, but I also hate disappointing them if the property they are really interested in is not available. 

And then there are those who seem surprised, and even upset, that the listing is not mine. So I also try to educate them on why my name would appear in the post/listing site.

 

A lot of educating is necessary. 

 

And lo and behold -- here's the article from Bottom Line Publications about "Common Errors on Real Estate Web Sites"  that helps to explain to potential clients what they're seeing. More importantly, it places a lot of importance on the value of using a REALTOR.

If you haven't seen this, you should. And then share with other folks.

Here are the ways web sites can mislead:

  1. Their home value estimates can be way off
  2. Many of the listings are no longer on the market
  3. The asking prices can be out-dated
  4. Their "days on the market" figures could be way off the mark
  5. Some of the most desirable properties don't appear on sites until they've sold
  6. Listings on "for sale by owner" sites often have inflated or inaccurate property description

 

Source: Robert Irwin, author of Tips and Traps for Negotiating Real Estate

Comments(1)

Sabrina Solesbee
Solesbee Group - Laguna Beach, CA
Sabrina Solesbee

Oh boy are you singing my song! I have had so many buyers ask about a property that they found on a web site and when I look it up on the mls it was sold 3 to 4 months ago! They do get disappointed. One other way sites can mislead is inaccurate square footage. As they pull their information usually from Listhub which pulls from public record. I've had my own listings have smaller sq ft show as they didn't pull the newest public records since an addition. Frustrating!

Mar 29, 2013 06:29 AM