National real estate portals like Trulia and Zillow are slow to show new listings. When a property is listed by a Realtor it can be posted to the local MLS in a matter of minutes but can take up to 9 days to populate to nationally syndicated sites. For an investor, or just someone looking to buy a home, 9 days might as well be a month. In today's competitive market there could be multiple offers on a property the same day it was listed!
Redfin recently hired a third party to assess the accuracy of sites like Trulia and Zillow and their study found that approximately 36% of the listings shown as active on Zillow and Trulia were no longer for sale in the local MLS, compared with almost 0% on local brokerage websites like ours. The study further found that brokerage sourced listings using their local MLS feed displayed 100% of the MLS homes listed for sale on their websites but Trulia only displayed 81% and Zillow 79%.
We pay for a direct feed to our local MLS to make sure buyers using our website see the newest listings first, as they come on the market. Our buyers also receive daily emails with the newest listings and price changes based off the exact search criteria they choose!