Before the days of the internet, consumers used to tell their agent what they were looking for, call them, hop in their Agent’s car, and put full faith in them to find them a home they think they would like based of what their client told them. Today the MLS or “multiple listing service” is where Realtor’s post their listings if they are “on the market”, our MLS syndicates to Zillow, Realtor.com, Trulia etc.
Before the days of the internet and consumers were searching “La Jolla Real Estate Zillow”, the MLS was something that only Real Estate agents had access to, which is why people NEEDED an agent even at the very early stages of looking for a home.
Nowadays, buyers and sellers are able to do a lot of research on their own. Consumers are doing their own online searching for La Jolla.
Real Estate Zillow” and are able to tell their agent, “This is what I like, can we go see them?”. Or “Zillow says my house is worth X amount.” Consumers are more educated than ever before and are even able to choose the houses they like before even having an agent.
Information that was once exclusive to Realtors, is now available for anyone in the world to see and Zillow is the real estate giant that it serves basically as a worldwide MLS. Realtor’s know the importance of having their listings advertised on Zillow and how important internet marketing is.
When you search, “La Jolla Real Estate Zillow” on Google, the first thing that comes up is Zillow page, and under it are the umbrellas that say “Homes for sale”, “Open Houses in your area”, Explore Home Values” and “Local Mortgage Lenders.” Another thing that makes Zillow so appealing to consumers is that it acts as a “one-stop-shop” just by looking at this webpage from the eyes of the consumer, I have everything I need to buy or sell my home. Once again, all before I even speak to a Realtor.
There are currently three hundred sixty-three La Jolla Real Estate Zillow listings listed on their website, twenty-nine “potential listings”, two hundred forty-five for rent, and two thousand four hundred twenty-seven sold properties.
There are currently three listings in the twenty to thirty million dollar range, seven listings in the fifteen to twenty million-dollar range, eight in the ten to fifteen million dollar range, nine active listings in the eight to ten million-dollar range, seventeen in the six to eight million dollar range, forty in the six to four million dollar range, one hundred fifteen in the two to four million-dollar range, ninety one in the one to two-million-dollar range, and seventy three under one million. We do not know how accurate this is because sometimes there are glitches and the same listings post twice, (example below).
Each county has its own MLS, here in San Diego, we use SDMLS, and the organization that oversees this is called SDAR, which stands for the San Diego Association of Realtors. The MLS has in-depth tax information, history of the sale of the home which can be traced back indefinitely and much more accurate nitty-gritty detail than say searching, “La Jolla Real Estate Zillow”.
Another benefit of working with an agent is that we have access to “coming soon” or “off-market” listings that aren’t in the MLS that Realtors have access through word of mouth or the various organizations that they are part of. As educated as one can be with the internet, you still need a Realtor to guide you through the paperwork, negotiate, and offer their experience and priceless insight into the market.
Zillow Vs. SDMLS
I searched the SDMLS for all listings in La Jolla and these are the numbers within the respective La Jolla real estate price ranges and here are the numbers from the MLS, let’s see how this adds up compared to Zillow.
According to the SDMLS there are two active listings in the twenty to thirty million dollar range, five active listings in the fifteen to twenty million-dollar range, ten in the ten to fifteen million-dollar range, eleven in the eight to ten million dollar range, eighteen in the six to eight million-dollar range, thirty five in the four to six million-dollar range, one hundred in the two to four million dollar range, eighty six in the one to two million dollar range, and sixty in the one million and less price range.
The differences between searching for a listing in the MLS vs. Zillow is the MLS allows more avenues for narrowing down the search and for comparing and contrasting different properties. It is more organized and has more analytics.
