“Realtor’s Property Resource, NAR’s exclusive online real estate database will provide REALTORS® with data on every parcel of property in the United States, giving brokers and agents valuable tools and features to make them better informed and to increase their efficiency in the marketplace.”courtesy NAR, Realtor.org.
The Tallahassee Board of Realtors is proud to know that RPR will be up and running soon. We look forward to being able to use RPR software as a reliable source of data to be used in achieving the best sales price on a home. As for buyers, just pick up the phone, ask for a Realtor that will give you information on the neighborhoods you are interested in. Today I received a call from a “We Buy Ugly Houses” vendor wanting to use my MLS code to get private and confidential information of sellers, etc. Unfortunately, not only did I tell him no, but was insulted to think that he thought this information would possible be available to someone who was looking to benefit by preying on the distressed home-owner. From sales prices, days on market and even walk-scores, Realtors will have a very important tool in their toolbox with RPR, as we move into yet another technological order of business.
What RPR Is:
RPR is a REALTOR®-only service for public and privately licensed real estate and property
level data, including public record and assessment information, details of prior transactions
and sales history, zoning, permits, mortgage and lien data, neighborhood demographics and
schools, as well as the largest database of foreclosure information by county in the industry.
Zillow, the database that the public seems so He&$-bent on using is simply a database from County databases. “Zestimates” are best guesses derived form some algorithm that in most cases grossly inaccurate, but lacking key pieces of information such a distress sale, property condition, neighborhood statistics and desirablity. Also missing is any price point that can be used in negotiations for the sale of a home. The horror stories continue to stack up against sellers and buyers who insist on using Zillow, only to loose negotiating time and money. Work with a Realtor, work with a professional who knows their local market, not a clearinghouse of data miners.
4 thoughts on “Realtor’s Property Resource or Zillow – You Tell Me!”
Debbie, we have had RPR in our MLS for a little under a year now. I have heard it said that Zillow may offer a zestimate, but a good agent in a “Zactimate.”
Very good! Realtors are the ones who can give the Zactimate. No matter how you package it, Zillow is an aggregate site of misinformation, and has sucked Realtors into thinking that they “Have to” advertise their listings there, all while gathering consumer leads and emails to sell right back to them. So how do you like using RPR so far? Has it helped you financially, given you more credibility as a Realtor? What has been your experience so far Phillip?
Awesome post, my friend!!! I love seeing your enthusiasm on RPR and hope other REALTORS® want to get the “big picture” and check it out. 🙂 We gotta keep things real, put the REALTORS® back at the center of the transaction and ensure the buyers/sellers have a single resource for timely, accurate and complete info!