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Re:Zillow CEO: startups trying to disrupt real estate commis... by ams6110 on Wednesday January 16, 2019 @05:31PM (#18926156)
Property transfers, including buyer, seller, and sales price, are public record. It's all published in the newspaper. How can MLS control access to that information? Is it just that nobody else bothers to compile it from the county records?
Re:Zillow CEO: startups trying to disrupt real estate commis... by linsomniac on Wednesday January 16, 2019 @05:51PM (#18926321)
As others have mentioned, that is after the property has sold. If you are looking to buy a house, that information is not going to help you. However, even for sold information, depending on the county you are in, those public records aren't always accurate. I don't know how frequent that is, but I suggested using public records when we lost access to MLS data a few years ago, and a coworker said they had problems with that data from some counties in the past.

If you are buying a house, the MLS is the place you need to go. And that is mediated by a Realtor or Broker in most cases.

Re:Zillow CEO: startups trying to disrupt real estate commis... by benmanns on Wednesday January 16, 2019 @05:37PM (#18926202)
Those are completed transactions, not properties listed for sale.
Re:Zillow CEO: startups trying to disrupt real estate commis... by clairity on Wednesday January 16, 2019 @05:37PM (#18926204)
there's usually a 30-60 day delay on the public records. MLS gets that info in a day or two, if not hours, usually from the listing agent/brokerage iirc.
Re:Zillow CEO: startups trying to disrupt real estate commis... by iakh on Wednesday January 16, 2019 @09:16PM (#18927719)
Purchase price is not public in all states
Re:Zillow CEO: startups trying to disrupt real estate commis... by vonmoltke on Wednesday January 16, 2019 @09:27PM (#18927769)
It isn't? What states don't put that information in the property tax records?
Re:Zillow CEO: startups trying to disrupt real estate commis... by thomasjudge on Wednesday January 16, 2019 @10:51PM (#18928214)
Montana for another. There have been attempts to change that which have all failed in the face of industry lobbying and (more importantly) a Republican controlled legislature
Re:Zillow CEO: startups trying to disrupt real estate commis... by pxeboot on Wednesday January 16, 2019 @10:18PM (#18928046)
In Texas I was able to lookup the original mortgage amount on a house, but not the actual purchase price.
Re:Zillow CEO: startups trying to disrupt real estate commis... by evancox100 on Wednesday January 16, 2019 @10:14PM (#18928026)
Texas for one. No duty by either buyer or seller to report the sale price.
Re:Zillow CEO: startups trying to disrupt real estate commis... by bronson on Wednesday January 16, 2019 @05:36PM (#18926194)
That's not useful to someone looking to buy. Listing data is held exclusively by the MLS.