Property Q&A in Stockton>Question Details

K Thomason, Both Buyer and Seller in 95204

This house still has a for sale sign on it but realtor said is sold? When will it show as sold online?

Asked by K Thomason, 95204 Wed Apr 1, 2009

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This question is about this property: http://www.trulia.com/foreclosure/2003883351--Carlton-Ave-St…

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K,

I suggest you begin a real relationship with an agent you feel comfortable working with. That way, you will have a connected agent to answer this question.

I work in Stockton and can check further into this home for you if you can give me the exact address.. Any agent can do this for you, so if you are looking to buying a home, you should get an agent and they can find other homes which would ALSO fit your criteria.

George Kininmonth
FOWLER MORTGAGE & REAL ESTATE CO.
George_Kininmonth@hotmail.com
0 votes Thank Flag Link Thu Apr 2, 2009
In my experience it depends on the website, its purpose and its technical procedures. The most accurate website will be the MLS, which is updated by the listing agent right after the settlement. MLS WOULD BE THE PRIMARY and thus THE MOST RELIABLE SOURCE OF INFORMATION. If your realtor sets an e-mail alert for you from MLS for a particular property that you are watching, you would be able to receive the news within a few hours (sometimes within a few minutes) after the update. All other websites use the MLS to generate "their" property reports. Some of them upload the MLS information on a daily basis (usually at night); most of them take 48 to 72 hours. There could also be websites, which "keep the property active" for 30 days after settlement. Why? Most likely because of either their poor technical support , or in attempt to generate more hits on the website and in this way generate more leads for the sales agents (this approach is used by a lot of web based sales brokers). It could also be a combination of both. I agree with you - BUYERS DO NOT WANT TO SEE SOLD PROPERTIES LISTED AS ACTIVE. However, over 90% of online viewings are done by the buyers who are just familiarizing themselves with the market and are not ready to purchase yet. They want to get a feeling of what they like and to preliminary estimate how much they are willing to pay for it. And various websites meet this need - they provide general information about the market, the area and the types of homes available in this area for such and such price.
All the best!
0 votes Thank Flag Link Wed Apr 1, 2009
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