Zillow and Trulia Merger
How does the merger of Zillow and Trulia impact home buyers like you? Well it may come as a big surprise that while millions of people search for homes through these two sites, the focus of their business is in fact not home buyers at all… it is real estate agents. These websites are set up not necessarily to provide accurate information for home buyers, but instead to be online eye candy for home buyers to get them to register. Zillow and Trulia make their money by selling advertising and generated buyer leads to real estate agents. This goal means that accuracy in their data is not their concern, instead their goal is to simply to offer you as much information as they can (accurate or not) and get you register, so their true customers, the tens of thousands of agents looking for easy buyer leads to call, will pay them more money.
In a national study conducted by Zip Realty, Zillow only showed 73% of the homes actually for sale, and Trulia only showed 78% of the homes actually for sale. Even more stunning is that 16% of the home listings currently represented as being for sale on Zillow’s website were not actually for sale. On Trulia 17% of the homes listed for sale were also not actually for sale. As for fresh data, Zillow and Trulia often do not show new listings for as much as 10 days. Do you know that the majority of the best homes for sale in any area are sold within just a few days of being listed? That means if you’re looking to Zillow and Trulia, you may easily be missing the boat entirely on some of the nicest homes on the market. It doesn’t matter to them, as again their only goal is selling advertising and leads to agents.
Zestimates
What about those wonderful Zestimates (Zillow automated online estimates of home values)? Again, online eye candy is all. The incredible inaccuracy of those Zestimates is so well known in the real estate industry that the term “Zestimate” is the punchline of jokes between agents. How far off might those Zestimates be? How are you as a home buyer going to be able to really learn and understand the real estate market you’re considering by using resources that are often off by as much as 50% or even 100%? Yes, we see that quite often, and information like that does nothing but confuse home buyers.
Knowing that many of the homes you’re browsing on Zillow and Trulia are either already sold, or were never even available for sale in the first place, and that the assistance their providing on home values could be off by as much as 50-100%, why would you want to continue to use those sites for information?. Our data comes straight from the local Atlanta real estate agents directly inputting their listings. We’re updated every single day of the year, and the sold data that our team provides to you is also directly from that same Atlanta real estate agent sale’s data. Accurate information is critical when making decisions about property values and home purchase offers, and you can rely on AtlantaPros.com to provide it. Get honest and accurate information about all the current Atlanta homes for sale directly through our site: Search Atlanta Homes for Sale
More information about the accuracy of listed Atlanta homes for sale:
Atlanta Homes on AtlantaPros.com vs National Portals
