Almost every day a Trulia user posts a question in the Q&A section about a RealtyTrac home that isn't for sale. That's because RealtyTrac lists homes on Trulia that have received a foreclosure notice, which means the owners have fallen behind on their payments. It doesn't mean the home is on the market. With any luck, the Sacramento Metrolist MLS, which is a separate company from the Sacramento Board of REALTORS®, will put a stop to that practice.
A little birdie told me that Metrolist is finalizing a deal with Trulia to send listings directly to Trulia and that Trulia will no longer accept feeds from outside sources. Concerned that this new arrangement may affect our Lyon Real Estate branded listings on Trulia, I asked the PTB (powers that be) about it yesterday and was assured that our Lyon listings will not be affected by this. Which is great news.
For the public, however, this is phenomenal news. It would mean Sacramento home buyers and sellers will have access to every listing in MLS in one place, information that was previously privy only to real estate agents. True, they can now search on the Sacramento Bee's web site, but that information is managed in a different manner. The Trulia site offers Sacramento home buyers a larger mix of data and information already.
It makes me wonder, though, how many other MLS companies across the U.S. are working out a similar arrangement with Trulia? I suspect Sacramento is not alone in this venture. I may have my finger on the pulse of real estate activity in Sacramento, but I don't know what is going on in other parts of the country. It would make sense for Trulia to feature all multiple listing service properties in America.
This move is likely to make Trulia a giant.
The Short Sale Savior, by Elizabeth Weintraub, coming soon to a bookstore near you.
Photo: Big Stock Photo
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Certified HAFA Specialist
My Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying columnist for The New York Times-owned About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. DRE License # 00697006.
The Short Sale Savior, by Elizabeth Weintraub, available at Amazon.com.
Lyon Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.
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The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate.
Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice. It could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.
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Elizabeth- Our MLS has gone public but they have created this really neat way to give the listing agent all the leads it gets at no charge to the agents, their idea I think is to try to circumvent the bottom feeders and listing scrapers.