Online real estate search can be a tricky business for home buyers and third-party real estate websites is NOT the place for home buyers to start an online real estate search. We will explain why. Naples MLS listings have always been the property of each local multiple listing exchange, referred to as the MLS. The Naples MLS for example is where all listings are initially entered by a local and licensed Real Estate Broker like us, or by an Agent designated by a Broker. With the launch of the internet some years ago, the National Association of Realtors (NAR) decided to coordinate and allow the local MLS exchanges to share listings for the first time outside their membership. Today an estimated 90% of Naples Florida home buyers start their search on the internet with an online real estate search. Many websites now exist for online real estate search, but it is important to know the differences between third-party websites and the “REAL” thing.
Naples Real Estate Brokers can and do provide “REAL” Naples MLS listings for online real estate search through a NAR authorized software platform known as Internet Data Exchange (IDX). IDX is the property of NAR and only Real Estate Brokers that are members of NAR can license the platform. You can rest assured that performing an online real estate search on a licensed Naples Real Estate Brokers website like ours, www.NaplesRealEstateGuys.com, you are looking at “REAL” Naples MLS listings. These "REAL" listings are auto-updated daily as well. The one caveat we will offer is that the IDX software platform made available to us by NAR for a fee, is what is referred to in the software industry as a “thin-client”. It is a version with only a fraction of the search functionality of the Naples MLS that us licensed Brokers have access to. So let us review. First, your best online real estate search is on a good Naples Real Estate Brokers website. Second, the Real Estate Broker has a full-client, or better search functionality than what they can offer their clients via their websites. So call them for help.
Now let’s talk about the third-party websites. As we said, NAR decided to coordinate and allow the local multiple listing exchanges to share listings outside their national membership years ago because of the creation of the internet. How does the sharing work? Not as well as anyone hoped. For starters, many third-party websites allow users to add public additions to their database, corrupting the data and accuracy immediately. In addition, third-party webmasters manually up-load listings, causing delays, missing listings, and out-of-date listings. Unfortunately, third-party websites main mission is generating advertising dollars, and for continually greater profits, if you help them increase their visitor count. Do not help them get rich and frustrate yourself at the same time. Use our website instead, and its free too.
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Naples Real Estate Blog by Rich Homer for the Naples Real Estate Guys.
Notice: No legal, investment, or tax advice is being given in this Blog. Consult with legal, financial and tax professionals before acting on any real estate transaction. Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Naples Real Estate Blog are intended for the sole use of our clients.