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Real Estate Search Sites | Online Home Search - YouTube
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According to statistics, well over 90% of
prospective home buyers start their
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search online. It shouldn't be a surprise,
because there's a lot of information out
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there for buyers right on their phones
and desktops. But is it accurate
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information and should it be trusted for
more than an initial wade into the
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new home buying pool? You may not know it
but those third-party sites like Zillow,
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Trulia and Homes.com, they're using you
as much if not more than you're using
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them!
You're a revenue stream and they've
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become massive players in the real
estate world and they're making a lot of
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money, and it's not from you surfing
through the listings. It's from one thing
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you may be doing or have already done,
and I'll tell you what that is and a
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better way to shop here today...
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Hi I'm David Seal with Von Ruden and Seal
Team of Atlanta Communities. If you're
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interested in all things real estate in
Cobb County and the surrounding metro
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Atlanta area, this channel is for you.
So subscribe below and if you ring the
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bell you won't miss any future videos.
Realtor.com, Zillow, Trulia, Homes.com,
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Homefinder, Redfin, there is an endless
supply of online home search sites with
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new ones popping up all the time. They
all get feeds from various sources, with
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varying degrees of accuracy. Realtor.com
receives a direct feed from the local
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MLS's through their affiliation with the
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National Association of Realtors. So
their information is a fairly accurate
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representation of the homes on the
market and what stage they're in: Active,
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Pending--meaning Under Contract and Sold. Some get partial feeds with manual
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inputs from brokerages for exposure, For Sale By Owner and so on. Some even allow
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just anyone to post homes for sale. So if
you find out someone has decided to help
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you move by listing your home, you
wouldn't be the first. Realtor.com is the
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only one of the third-party search sites
that you know the home is listed on the
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MLS. So if you're wondering how they got
so big, it's simple...if you've ever seen a
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house on one of the sites and push that
Contact Agent button or Request
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Information, you're thinking you're
asking for information from the agent
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who knows all about the house and has it
listed for sale. Well you haven't! What
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you've done is help Zillow, Trulia or
whichever website you're on pay their
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bills. But how? There's no money in
showing you endless pages of houses in
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every ZIP code in the country. And some
of them don't even care if the
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information is correct, because the
volume of homes is what gets you on
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their site. And the money is in you
finding one you're interested in and
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pushing that Contact Agent button. Are
you still confused?? It's simple...agents
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pay that third-party website a lot of
money to be the agent behind the Request
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Information button. Sometimes it's an
upfront monthly or yearly cost and
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sometimes they charge a percentage at
closing. And when you push that button
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your information gets sent out to 3, 4 or 5 agents. And if you request
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information on one house on Zillow and
another on Trulia you may get 7, 8
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10 agents texting, email and
calling. There's a much easier way. Use
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them, surf their homes, look at the prices,
just don't click anything that requests
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information or would send your contact
information to anyone. Unless of course
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you enjoy fielding the calls, texts and
emails from people you don't know.
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Find your own agent. One who can help you with your home search. My video "What is a Buyer's Agent"
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will give you some tips
on what to look for. But do yourself a
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favor and hire a full-time agent who's
busy helping clients buy homes everyday.
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They're busy for a reason...it's because
they're good! Subscribe below and I'll
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see you next Monday right here, when
we're talking real estate.
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