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Is the IDX feed hurting consumers

By
Real Estate Agent with Keller Williams Realty

The IDX feed may be hurting the consumer in that the information is becoming to readily available. Many aggregate site just pull the information into a national source and then distribute it in a bait and switch manner. As a listing agent it is prudent to market and get as much exposure as possible. The automation of the IDX has created an misconception that there are other homes out there. To serve the consumer it is best for each client to focus on obtaining a good picture of what they can afford, the features they need  and the area they wish to live in. There seems to be a goose chase environment that has created an analysis paralysis for home buyers.

www.RealEstateWorkHorse.com

Posted by

Bonner Thomason

Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Bonner,

The data is dated most of the time.....I can not tell you how many calls I get on properties that have been under agreement or sold months ago...and try to tell someone the information is not accurate.

Jun 20, 2008 03:08 AM
Bonner Thomason
Keller Williams Realty - Kernersville, NC
CRS, ABR, GRI, e-Pro

Thanks Dan - I was begining to wonder if I was the only one that got those calls

B

Jun 20, 2008 03:17 AM
Associate Broker Falmouth MA Cape Cod Heath Coker
https://teamcoker.robertpaul.com - Falmouth, MA
Heath Coker Berkshire Hathaway HS Robert Paul Prop

Consumers are starting to realize this themselves.  Take a look at REindex.com and see what one broker has been doing for other brokers for 8 years.  Only listing agents and only their websites - no IDX - and it is free.

Jun 20, 2008 03:17 AM
Bonner Thomason
Keller Williams Realty - Kernersville, NC
CRS, ABR, GRI, e-Pro

It is not that the information is wanted to held back, just the rampant use from sources that are connected with the ability to service customer on Real Estate related issues.

Bonner

Jun 20, 2008 06:50 AM