Buyers and Sellers need more than luck when pricing a home. They need professional advice and REAL data.
More and more buyers and sellers are lately commenting to me that they already have accurate sales data for their areas. When we compare their numbers and my MLS data, however, they are almost always a good bit off. Most of them are finding their information from home-search websites like Trulia & Zillow. Although some initial research is really helpful, a buyer or seller should talk to a REALTOR with the North Alabama Multiple Listing Service before determining true values of a home. If searching for listings, the most accurate data can be found at the MLS public site: www.valleymls.com. Other sites show up online as “MLS Searches” but many are affiliated with a REALTOR’s personal website. Any inquiries go to the agent controlling that website, which may complicate your relationship with your own chosen buyer broker. Valleymls is the site that all the other “MLS Search” sites derive their information from, so why not go straight to the source, then contact your own agent for more information?
As for sold data in North Alabama, the Multiple Listing Service does not provide sold data to web feeds to anyone other than agent members and affiliate members. Some small Associations will provide sold data in exchange for a fee, either because they don’t have a strong base of dues paying members to support their expenses or because they don’t “own” their MLS systems as North Alabama does.
Be careful when trusting “guesstimates” from online sources if it’s not from a REALTOR affiliated with the North Alabama Multiple Listing Service…
Here’s a link to a good summary of the 3 more heavily read websites, written by Scott Elwell, a REALTOR in Connecticut. There’s a second link to a Zillow video describing Zestimates. If you have any questions or concerns about real estate, call a REALTOR. Let me know if I can help you in any way!