NEW YORK – May 11, 2011 – Listing data that doesn’t come directly from multiple listing service (MLS) data is more likely to have inaccurate price and status information, according to research by Trulia.
Trulia found that third-party syndicators of listing data that didn’t come directly from an MLS posted a 21.3 percent error rate regarding the listing’s price or status. Trulia says the problem is that real estate professionals submit the data to these syndication sites but often fail to return to the site to update the listing when information changes, which causes a “significant increase of disparate data sources resulting in less accurate data online,” according to Trulia.
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More Data at
http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=3&id=259850
Trulia found that third-party syndicators of listing data that didn’t come directly from an MLS posted a 21.3 percent error rate regarding the listing’s price or status. Trulia says the problem is that real estate professionals submit the data to these syndication sites but often fail to return to the site to update the listing when information changes, which causes a “significant increase of disparate data sources resulting in less accurate data online,” according to Trulia.
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More Data at
http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=3&id=259850
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