It’s time for the cold hard truth for Sacramento real estate that many home buyers and sellers don’t know as well as a few real estate agents, as well. If you are looking for transparency and honesty…read on.
Home Buyers Are Being Fooled
If home buyers think they see all the homes for sale in and around Sacramento on Zillow or Trulia, they are sadly mistaken. These Internet sites are not really in business to provide accurate information to the home buyers or home sellers.
Update: Today, August 8, 2012 This is what Zillow & Trulia show as available homes for sale for Sacramento, Placer, El Dorado and Yolo Counties…
Zillow Shows Homes For Sale Trulia Shows Homes For Sale
9,799 Homes in Sac County 16,743 Homes in Sac County
878 Homes in Yolo County 1,443 Homes in Yolo County
3,808 Homes in Placer County 5,326 Homes in Placer County
2,432 Homes in El Dorado County 3,620 Homes in El Dorado County
Want to know the TRUTH as of today, at this moment in time here are the REAL numbers of available homes for sale in each one of the Counties as per the MLS:
- Sacramento County has 1, 824 homes for Sale
- Yolo County has 282 Homes for Sale
- Placer County has 821 Homes for Sale
- El Dorado County has 658 Homes for Sale
Dang sure there is a difference in what the REAL number of homes for sale are. With homes flying off the real estate market, a home buyer would be insane to rely on Zillow and Trulia for their information. Best decide what experienced REALTOR® you want to work with and have them send you the REAL homes for sale so you don’t waste your time!
The Truth About Zillow and Trulia
These real estate Internet sites make their money advertising. Agents who are willing to pay Zillow for zip codes and trulia so they can get clients, keep these Internet sites up and running. The amount the agent pays to be the”exclusive top agent” (or whatever the lingo of the day is) for these companies, is based on how many times buyers and home sellers type in a zip code. The more a home buyer or home seller types a zip code, the more the agent will have to pay if they want to be the “top agent” and get those “leads.” Yes, you are considered a lead and the agent is buying you.
Now, you could say, I don’t really care if an agent is willing to pay zillow or trulia so they can appear to be a “top agent.” But, what you should care about, I am going to share with you next…
Sacramento MLS (where all the homes for sale are listed and is the most current 24-7), will not syndicate the listings (homes for sale) to zillow or trulia. There are many reasons for this, one being that those sites are not willing to abide by the rules set forth in MLS to keep the information secure, updated and remove all listings….there’s more but let’s get back to the task at hand.
This means those real estate Internet sites that you are running to and looking at homes for sale have old information, inaccurate information and certainly not all the homes for sale that are currently on the real estate market for sale through MLS.
Zillow and Trulia do not have ALL the current homes for sale
Remember, those real estate sites are there for one reason and one reason only, to make money selling advertising! As long as agents pay these Internet sites, the beat will continue and you, the home buyer and home seller will be frustrated, confused and sold as leads!
Only real estate agents who are willing to add their own homes for sale are on zillow and trulia. And then of course, since the listings are not an actual feed, the listing is left on zillow and trulia even though it may be sold or have an accepted offer. Many times, a REALTOR® will receive a phone call from a home buyer who saw a house for sale on trulia or zillow only to find that home SOLD eons ago. It is frustrating for you and it’s frustrating for us.
As a Home Buyer Don’t You Want All The Current Homes For Sale?
If you REALLY want to see ALL the actual homes for sale that do NOT have offers and are NOT sold, home buyers need to hook-up with a REALTOR and have the REAL homes sent to them via the Sacramento MLS system. I only send my home buyers homes they can actually buy. And my home buyers get the newest home for sale sent to them directly on their email. As REALTORs we are the source for accurate information not Internet sites.
That’s the truth of it so consider yourself real estate informed…as always, your REALTOR in Sacramento and the surrounding areas. Hope you found that insightful and helpful. It’s called transparency!
Don’t Rely on Zillow and Trulia if you are a Home Buyer or Home Seller
In this real estate market if you rely on the information you see on Zillow and Trulia, it will cost you money since you won’t be looking at all the homes for sale or the houses that are actually available. As time goes by, and prices go up, this can definitely cost you money. Not to mention the home that you could have had if ONLY you would have known it was for sale.
If you would like to read about Zillow and how they confuse home buyers and hurt home sellers, be sure to read, Let’s Fire All Appraisers and The MLS. Or perhaps you might like to read how some questionable people can sabotage a listing and place it on zillow, Zillow Fence For Lender. Home Sellers should ready 8419 Zinnia Way Home is Coming SOON! where Zillow, Trulia and REALTOR.com all gave this home a MOST inappropriate value and were dead wrong since it sold and appraised for $210,000. I could go on and on but I think you got the point. These sites are strictly in the business to count all the clicks they get from buyers and sellers so they can sell zip codes to agents.