I am not afraid of NAR however I would like to address some of the statements made…
“Take the MLS, for instance. They won’t show you the correct days-on-market stats anymore.”
Ummm… which MLS are you talking about Nancy. Sandicor has not changed a thing. I think you may be referring to the Socal MLS which is not Sandicor down here in San Diego. You can always find out how long a home has been on the market by calling the agent and asking.
Also how many days has any FSBO been on the market?
“They deliberately undercount the number of houses in the active for-sale list by dropping those without sq-ft measurements off the list.”
Ummm… once more, which MLS are you talking about Nancy? The Sandicor puts all homes on the MLS regardless of whether square footage is entered or not. An active listing is an active listing is an active listing. It is not hidden in any way. One thing that does happen though… if you do a search on square footage maybe search for a home bigger then x square feet, then the homes that do not have square footage will not be found in the search.
Actually it is a disadvantage for an agent to not list square footage on a home.
“They have “pocket” listings maybe if they think that the sellers are not internet savvy and don’t know how to check the MLS list and confirm that theirs is actually MLS-counted.”
I am not sure how many mainstream brokerages you have worked for in San Diego… pocket listings are not as commonplace as you indicate. Pocket listings happen for a few reasons… Say someone is going to list but not for a few weeks. Or perhaps the listing agent knows a key buyer or knows a key buyers agent who will want a home that exactly matches that listing… the listing agent will let the seller know that and tell them they may want to wait a few days so that they can bring the buyer over before the home is placed on the MLS.
Again, I only try to post facts, not speculation. I am not trying to shill at all for the industry but sometimes it is frustrating to read posts that clearly are not factual.
