The Internet and Real Estate Data
October 9, 2008
As real estate professionals, we are well aware of the use of the Internet by potential buyers and sellers and just by those curious about real estate. There are so many sites nowadays that offer information about houses presently on the market, houses recently sold, houses in the foreclosure process and just what a particular house might be worth. Many of these sites are very easy to use and quite frankly, I check them often. Why? Because I know that my present and future clients are also checking them.
The challenge for the site managers and site designers is to be certain that the data is accurate and up to date. The challenge for real estate agents is to know their own market place well enough that when a consumer calls, the agent can provide additional updates to the information posted on the Internet.
I just checked out the new feature on the Realtor.com site, Find Home Values. It is a quick look at values in the entire U.S. By a simple click on a state. you can obtain the average price of homes, the number of homes on the market, etc. By inputting an address or a city you can get this information plus some detail on the specific property. Unfortunately, the information, for the several properties I selected, was not quite accurate. This is why a consumer who wants specific information on a specific area or property should call a licensed real estate agent. A conversation with a live human being will allow consumer to receive the best and most up-to-date information available.
I personally love using the Internet, but I rely more heavily on my own research.
As real estate professionals, we are well aware of the use of the Internet by potential buyers and sellers and just by those curious about real estate. There are so many sites nowadays that offer information about houses presently on the market, houses recently sold, houses in the foreclosure process and just what a particular house might be worth. Many of these sites are very easy to use and quite frankly, I check them often. Why? Because I know that my present and future clients are also checking them.
The challenge for the site managers and site designers is to be certain that the data is accurate and up to date. The challenge for real estate agents is to know their own market place well enough that when a consumer calls, the agent can provide additional updates to the information posted on the Internet.
I just checked out the new feature on the Realtor.com site, Find Home Values. It is a quick look at values in the entire U.S. By a simple click on a state. you can obtain the average price of homes, the number of homes on the market, etc. By inputting an address or a city you can get this information plus some detail on the specific property. Unfortunately, the information, for the several properties I selected, was not quite accurate. This is why a consumer who wants specific information on a specific area or property should call a licensed real estate agent. A conversation with a live human being will allow consumer to receive the best and most up-to-date information available.
I personally love using the Internet, but I rely more heavily on my own research.
posted by shirley harry at 8:59 AM
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