Almost No One Pays a 6% Real-Estate Commission–Except Americans

Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by no_wizard on Friday November 17, 2023 @12:30PM (#38306847)

I have routinely found more homes by looking around the neighborhoods I wanted to buy in than what I found on Zillow. They don't seem to capture all data sources well (or something else may be afoot, I'm not sure)

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by lotsofpulp on Friday November 17, 2023 @01:02PM (#38307371)

I presume their data source is MLS. Perhaps the homes you are finding are not listed in MLS?

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by no_wizard on Friday November 17, 2023 @01:54PM (#38308198)

Its possible, but I don't think thats the only thing, the reason being that they are listed via Realtors (usually) and I can sometimes find them on other websites (e.g. Redfin) or in the local real estate flyer booklet, but it simply isn't on Zillow for some reason.

I wish I had a recent example, but I tested this theory multiple times when I was house hunting, and I don't think I'm hallucinating the issue.

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by yencabulator on Saturday November 18, 2023 @11:36AM (#38321318)

There are multiple MLSes and Zillow only has deals with most of them. It's possible you're in a region with prominent "local MLSes" that decided Zillow wasn't paying them enough for access.

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by cudgy on Saturday November 18, 2023 @11:59AM (#38321603)

The following video explains some of the possible discrepancy due to pocket listings not appearing in Zillow. It also suggested that realtor.com had more listings in its database in some neighborhoods.

https://www.youtube.com/watch?v=_emO4Dl8sUM&t=1740s

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