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When Listing’s Don’t Show, Get to the Root of the Problem
Posted By Paige On May 10, 2009 @ 1:06 PM In Best Practices,Business Development,Business Development & Best Practices,Real Estate,Real Estate News | Comments Disabled
RISMEDIA, May 11, 2009-RISMedia recently spoke with Celeste Starchild, VP sales and marketing at ListHub about the issues that matter most to real estate professionals today. Here, Starchild discusses the process of distributing listings to the Internet and how to address the problem when listings can’t be found on consumer websites.
VP Sales and Marketing
ListHub (Threewide’s Broker Division)
‘Where’s my listing’ is the number one question I hear from agents and brokers about distributing listings to the Internet. Here’s the scenario: The agent has a listing presentation. The agent presents the prospective seller with a list of dozens of websites where their listing will be advertised. However, once the marketing begins, the seller calls the agent and says, “Where is my listing? I’m searching online and I can’t find it!”
Advertising listings on consumer websites such as Yahoo! Real Estate, Zillow, Google Base and FrontDoor.com has become an important way to reach today’s consumers. So how do we deal with the problem when the listing doesn’t show up?
First, we have to understand all the moving parts involved in listing distribution (also called “syndication”). For a listing to display correctly, several things must occur properly-and there is a responsible party for each portion of the process.
First, the source of information must be correct. This is the old “garbage in, garbage out” theory. It is the responsibility of the broker/agent to make sure that only current information is being used to advertise listings on the Internet. Listing information that is typed in by hand may be suspect as the onus is on the agent to make price changes and update the listing with any new information. Choosing an MLS-powered program for your listing distribution will ensure you are propagating current data.
Second, the technology that distributes your listings (the syndicator) must process the information correctly. The mapping of the MLS data fields must be done correctly. You can see a display of your listing inventory “on the way” to the websites. That way, you can see for yourself if the information is correct with the syndicator. If it is, then your problem is probably at the website.
Finally, processing and displaying the listing is the responsibility of the website. Each property search site has criteria by which they “pick up” listings from companies such as Threewide and process that data for display. The rules for each site are different, but it is often during this process that listings are “dropped” from display. Dropping often occurs when the site is unable to plot the listing on a map. This happens when listings are missing the house number or some other required information for mapping.
Most of the real estate sites we work with continue to develop and refine the process by which they pick up, process and display listing information, so the future should bring improvements.
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