Property Q&A in Bloomington>Question Details

Georgia O'co…, Home Buyer in Indianapolis, IN

Did this house sale? Our realtor said it sold but still listed here on truila.

Asked by Georgia O'connor, Indianapolis, IN Sat May 14, 2011

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This question is about this property: http://www.trulia.com/property/3034456406-4355-W-Craig-Dr-Bl…

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Trulia is not the MLS. They eventually acquire their information from the MLS. Your agent should have told you this. The only place a serious homeowner should be looking if buying in Monroe or Owen Counties in Indiana is http://www.homefinder.org. That is our MLS site and the source of information for all other web sites.
0 votes Thank Flag Link Sun May 15, 2011
Georgia:

Great question...one I am asked very routinely. "If the property is sold, why is it still on Trulia?"

Trulia, Zillow, Backpage and dozens and dozens of other web sites carry real estate listings for areas all over the country. Those sites are NOT owned and run by REALTORS® or their respective Boards. They are for-profit entities who get their data from a variety of private and public sources. They exist to create web site traffic that they can then use to sell advertising. (Look at the column on the right side of this page. Those ads are paid for based upon how many people look at Trulia pages.)

Most significantly, the data they present is RARELY CURRENT. They may refresh their content daily or weekly, but the data they pull is most often not coming directly from the BOard feed, but some other third party which the agent may or may not ba able to control. Further, some companies like RealtyTrac post listings for properties which are not even available for purchase, but are somewhere in the stages of foreclosure.

Your absolutely best bet is to hire an agent whom you trust. When she tells you the property is pending, sold, or if they're accepting bakcup offers, believe what she says. If you can't trust your agent, find one you can.

Good luck in your search.

Joe Shoemaker
Principal Broker, REALTOR®
MacDuff Realty Group
317 413.8501
joe@macduffrealty.com
http://www.facebook.com/joeshoe
http://www.twitter.com/jojosmojo
0 votes Thank Flag Link Sun May 15, 2011
According to the MLS database (as of this response), it is in a pending status. Most folks know ... that means it has an accepted offer subject to contingencies agreed to between buyer and seller. This also means another offer cannot be accepted as the primary offer by the seller. An offer can be accepted as a backup offer, though, and should the primary offer get canceled, the backup offer becomes primary. So there is a chance you could get the property, but that would only be subject to you negotiating a backup offer and then the primary offer becomes void.
0 votes Thank Flag Link Sat May 14, 2011
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