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Rainmaker
1,359,796
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I use IDX Broker on my website and I would like to have sold properties featured as part of my information.  Is that available right now?

Dec 19, 2016 07:10 PM
Rainmaker
1,607,392
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Yes I would like to use but many IDX providers DO NOT PROVIDE THAT FEATURE! Really, you say? I'm not sure not but I would use it to show the last 2 sales of a subdivision page or something like that.

Dec 19, 2016 03:11 PM
Ambassador
4,306,524
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

IDX Broker - nice to see you here in Q&A.

Yes, this is very helpful for buyers to understand what kind of offer they should write in this competitive market. 

And of course, it helps seller to understand that overpricing does not help!

Dec 19, 2016 03:01 PM
Ambassador
2,205,527
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It's very handy to track overall neighborhood price increases or decreases. It's also handy to have for comps when pricing a property. 

Dec 19, 2016 06:44 PM
Rainmaker
5,357,399
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

people buy on comparison, so it IS helpful.... they use it for comps....

Dec 19, 2016 03:28 PM
Rainmaker
2,875,646
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I echo what Praful Thakkar commented.  I do however extract the sold and other data directly from my MLS.  I there is a way to use it with IDX broker I'd like to know about that.  Thank you.

Dec 19, 2016 03:11 PM
Rainmaker
1,918,186
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

CMA's & staying on top of values

Dec 19, 2016 02:59 PM
Ambassador
3,696,458
Patricia Kennedy
Redfin - Washington, DC
Home in the Capital

Sure.  And the totally obvious - we use it to help establish the market value of homes we list and sell.  

Dec 20, 2016 08:41 AM
Rainmaker
1,404,977
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

IDX Broker Not only helpful but a necessity in our business. Good sold data equates to good comps.

Dec 20, 2016 06:44 AM
Rainmaker
815,765
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I would  be a really amusing real estate business that had no reliance on sold data.

How do I use it?

One could use solds to project the potential for appraisal issues.

Two like kind recorded sales w/i 4 weeks sets the anchor for the list price

Three SOLDS with my name on the makes the next listing easier to secure.

 

Dec 20, 2016 05:31 AM
Rainmaker
3,168,154
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It is a must for completing valuations on property and showing sellers what their home is worth to set an asking price and reasonable selling price. Just as well as for a  buyer, what a home is worth to make a good offer. 

Dec 20, 2016 05:09 AM
Rainmaker
3,064,584
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

All accurate data is a plus

Dec 20, 2016 04:26 AM
Ambassador
1,615,462
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Yes--for listing information

Dec 20, 2016 04:13 AM
Ambassador
4,704,155
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, for pricing and mkt reports.

Dec 19, 2016 06:27 PM
Ambassador
2,473,477
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Comps.

Dec 19, 2016 06:02 PM
Rainmaker
1,523,810
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I use it to determine the value of a property.

Dec 19, 2016 05:51 PM
Ambassador
1,706,597
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would be uselss without it, in fact you should know the importance of it if you are IDX broker.

Dec 19, 2016 05:18 PM
Rainmaker
4,855,908
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Yes, it may help buyers understand.

Dec 19, 2016 03:33 PM
Rainmaker
5,813,319
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

You need the data for comps.

Dec 19, 2016 03:01 PM
Rainmaker
3,985,519
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Of course it is used

Dec 20, 2016 08:11 PM
Rainmaker
1,300,462
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

You need sold data to justify a listing and offering price.  Maybe not on an IDX on someone's website (except to show off their sold listigns), but certainly in the MLS.

Dec 20, 2016 12:09 PM
Rainmaker
3,423,513
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Need to know past sales for CMA

 

Dec 20, 2016 09:34 AM
Rainmaker
1,586,493
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

I use it for CMAs

Dec 20, 2016 08:05 AM
Rainmaker
875,184
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Sometimes yes, sometimes it can back fire

Dec 20, 2016 07:04 AM
Ambassador
3,985,034
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Yes it is helpful and I like to present it and talk about trends and the future.

Dec 20, 2016 06:16 AM
Rainmaker
3,643,588
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

For recent comparable purposes for both buyers and sellers.

Dec 20, 2016 04:40 AM
Rainmaker
4,432,756
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

For CMA

Dec 20, 2016 04:39 AM
Rainmaker
3,473,469
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Of course, this is useful data. We base our cma's off of sold comps.

Dec 20, 2016 04:37 AM
Rainmaker
1,506,991
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

If course, most homeowners want to know what is sold and for how much. 

Dec 19, 2016 11:40 PM
Ambassador
3,699,084
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

We pull sold data in our Cloud CMAs directly from MLS for our buyers and sellers. So, yes, it's very helpful!

Dec 19, 2016 08:48 PM
Rainmaker
4,798,566
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It's a great way to showproperty values.

Dec 19, 2016 04:49 PM
Rainmaker
1,157,329
FN LN
Toronto, ON

1)  Yes.

2)  As part of analysis projects.

Dec 19, 2016 03:30 PM