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Asked by: Conception Sachser
real estate real estate buying and sellingWhy does Zillow show houses not for sale?
Zillow does have a disclaimer that lets people know that pre-foreclosure homes may not actually be for sale, but this is a disclaimer that many users of the site don't notice. A buyer finds a listing, and they contact their real estate agent, ready to buy the home they found.
Then, why does zillow not show all houses for sale?
For buyers: Many of the homes listed on Zillow may not be for sale. Another way Zillow can provide inaccurate information is through the agent listed with the property. You would think this is the “listing agent” or the “seller's agent.” Wrong. It's usually attached to a paying Realtor client of Zillow.
Similarly one may ask, what does it mean when a house is off market on Zillow?
Off market in real estate means properties that are for sale but aren't listed on the Multiple Listing Services (MLS.) When a property is for sale but not listed on the MLS, it won't be submitted to websites like Zillow or Trulia that feed off of the MLS unless the agents place the listings on their site manually.
For people who absolutely need to sell right away and don't want to go through the hassle of selling the home, Zillow might be an attractive alternative. But you could end up paying a lot of money for that convenience. NO: 7.5 percent is 1.5 percent above the traditional real estate commission of 6 percent.