In yesterdays press release, Realtor.com announced that websites is updating MLS listings every 15 minutes:
While purchasing a home is an exciting milestone, it’s also a major investment requiring relevant, accurate and comprehensive information. REALTOR.com, the nation’s most comprehensive real estate network, today announces it has begun updating property listings every 15 minutes, more often than any other real estate search website.
By increasing MLS listing updates from once-a-day to every 15 minutes in participating metro areas, REALTOR.com now offers house hunters up-to-the minute comprehensive data on new listings, price changes and important property details to help them make better decisions on prospective homes.
“Nothing’s more frustrating than going online to research properties and finding you’re basing a decision on old or out-of-date information,” says REALTOR.com President Errol Samuelson. “With 15-minute MLS updates, consumers now have access to comprehensive information on listings in as close to real time as possible. This means a seller’s home will be visible to potential buyers faster and buyers will be able to find new homes or price reductions faster.”
Realtor.com is the official website of the National Association of Realtors.
Real estate is turning to the web more and more so this was a very necessary move I think.
Real estate is turning to the web more and more so this was a very necessary move I think.
I am kind of surprised to hear that these websites weren't updating more often than once a day.
We really burned through a lot of homes on the MLS in Omaha, and finally figured out what we wanted after looking at 20+ homes. We looked at over 150 homes on the web though, and if some of them were waiting on the once-a-day update, I can see that we could have passed over them if they had dropped in price.
I am kind of surprised to hear that these websites weren’t updating more often than once a day.
We really burned through a lot of homes on the MLS in Omaha, and finally figured out what we wanted after looking at 20+ homes. We looked at over 150 homes on the web though, and if some of them were waiting on the once-a-day update, I can see that we could have passed over them if they had dropped in price.
my realtor listed my house this morning (~7 hours ago), but it's still not listed on here. i thought it was updated every 15 minutes. when will my listing be on here? thanks!
my realtor listed my house this morning (~7 hours ago), but it’s still not listed on here. i thought it was updated every 15 minutes. when will my listing be on here? thanks!