If you’ve spent any amount of time searching for homes for sale on the web, you’ve probably come across Zillow, and it’s a fun and exciting tool. The national real estate search engine allows potential buyers to search neighborhoods and filter through listings based on their own personal parameters to find the perfect home or perfect investment to fit their needs. It’s a very easy-to-use tool that makes home-buying feel as easy as shopping through a catalog.
Of course, home buyers know that shopping for a house is oftentimes a little more stressful than Zillow makes it sound. While it’s a good tool for things like browsing the housing stock for average prices and estimates, online catalogs don’t stack up to having an honest, licensed realtor helping you through the home-buying process.
Zillow updates are slow.
When a home becomes “listed” (available for purchase), it will appear on its local NMLS within a matter of minutes (NMLS is the Nationwide Mortgage Licensing System, which contains the record of all listed homes within a given area). To appear on Zillow, though, a listing could take up to nine days. If the market is slow that may not sound like a very big deal, but in fast-paced, high-demand markets like Asheville, nine days is too much time – the home of your dreams could well be bought up by the time you even see it appear on Zillow! Relying on the NMLS is a much better way to watch homes come on the market in real-time.
The data on Zillow is unreliable.
What you see on Zillow may not be (frankly), the truth. In a recent study, it was found that a whopping 36% of listings shown on Zillow and competing engine Trulia were not actually active listings; that means over a third of homes were not actually for sale at all. Further, when compared to the local NMLS, this same study found that Zillow only contained 79% of the active listings. So buyers using Zillow were missing out on 21% of the listings actually available in their area. For casual shopping, sifting through the active listings on Zillow can be fun, but let’s face it: if you’re serious about home-buying you need data that you can trust and to see every option available.
So if not Zillow, then who?
If you’re looking to buy a home in Asheville, don’t stress! There are great resources out there to help you find the home of your dreams. Your local NMLS is by far your most trustworthy tool – the NMLS is used by realtors and mortgage lenders like Keller Williams Asheville and is therefore fueled by the most current and accurate data on homes. The home of your dreams is out there and there are fun and easy ways to find it.
Keller Williams can help—our realtors have years of experience helping people find the perfect home in the Asheville area and can help you find the perfect place for you and your family, no matter your budget. Our website allows you to see quick information on the most popular areas in Western North Carolina, including Asheville, Weaverville, and Black Mountain.
Get in touch today and we’ll help you find the home of your dreams!
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