BrokerageIndustry News

Trulia: Problems with real estate listings info are pervasive (INFOGRAPHIC)

Survey shows accuracy is key priority for consumers, industry pros
Published on Oct 5, 2011

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by CareyBot

A real estate data-quality study released by online portal Trulia found that about 69 percent of errors in online real estate listings information were directly related to third-party syndication of information by non-multiple listing service sources.

The company reviewed about 1.2 million listings from about 250 data sources during the third quarter and found about 120,000 inaccuracies in listings information. More than half (51 percent) of those inaccurate listings had errors in price, 41 percent had status errors, and 8 percent had errors in both price and status.

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