Home Buyers, Sellers Now Access Actual Sales Prices on Tucson, Sedona Homes Within 24 Hours of Sale - Tucson Local Media: Business

Home Buyers, Sellers Now Access Actual Sales Prices on Tucson, Sedona Homes Within 24 Hours of Sale

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Posted: Friday, November 28, 2008 12:00 am | Updated: 8:04 am, Thu Mar 24, 2011.

Home Buyers, Sellers Now Access Actual Sales Prices on Tucson, Sedona Homes Within 24 Hours of Sale

Access to Fresh "Actual Sales" Data Helps Consumers Track Local Markets, Find Realtors®

Los Angeles, CA (PRWEB) November 25, 2008 -- Consumers can now access actual sales prices within 24 hours of a sale's closing, review property details and photos, and find the transaction's listing and buyer's agents for thousands of properties in Tucson and Sedona, AZ on Realtor.com® (http://www.realtor.com), the #1 homes-for-sale Web site. Home buyers interested in Tucson and Sedona real estate will no longer be forced to base decisions on out of date or inaccurate data now that the Tucson Association of REALTORS® MLS and Sedona Verde Valley Association of REALTORS® have joined the growing list of multiple listing service (MLS) organizations displaying detailed sold property information on Realtor.com.

Until now, sold data for properties in Sedona and Tucson has typically been available through County public records provided as long as 90-days after transactions are completed. This delayed access to accurate data is one reason home valuations on many real estate portals are inaccurate, out of date and unreliable. County records also don't always include significant property amenities which often have an impact on sale prices. Information from Tucson and Sedona on "sold properties" will be displayed within Realtor.com's "Find Home Values" feature, a new resource currently under development by the category leader.

"If you're basing a real estate decision on old or out-of-date information, you risk making a poor decision with potentially significant financial consequences," said Realtor.com President Errol Samuelson. "Providing current and detailed information on sold properties drawn directly from the local MLS, in conjunction with our 15-minute fresh update program, educates home buyers and sellers so they can have more productive and informed conversations with their real estate agent or broker. We're pleased to welcome the Tucson Association of REALTORS® MLS and Sedona Verde Valley Association of REALTORS® as our newest partners to display their sold property information as we further develop and expand our 'Find Home Values' feature."

Q3 2008 median home prices in the West dropped an average of 21% compared to the same time last year, with Tucson falling 18.6 percent to $199,300, according to a new National Association of Realtors report. Due to these local price changes, consumers interested in Tucson and Sedona real estate need fast access to up-to-date information. Realtor.com's sold data MLS program provides this, with connections to the most active local Realtors.

In addition to delivering sold data information within 24 hours of a sale, Move, Inc. is working with MLSs to update listings on the site throughout the day with new information, including prices changes, new photos, property details and more. Currently, half of all the listings on the site are updated every 15 minutes, the remainder are updated at least once per day, and nine MLSs across the country are supplying sold data. No other real estate Web site has so many listings updated as frequently with this data. Homes for sale are also timestamped so consumers know exactly when each listing was last updated.

Deborah Wilkerson, a real estate agent with Homeway Realtors in Tucson, said, "Providing timely information such as actual sales prices through Realtor.com, with contact information for local Realtors, enables home buyers and sellers to monitor the latest market activity and act on it with the assistance of the local experts who know Arizona neighborhoods and market trends."

To access fresh sold data for Tucson (http://www.realtor.com/homevalues/#NEXHASHaddress=tucson,%20az) and Sedona (http://www.realtor.com/homevalues/#NEXHASHaddress=sedona,%20az) through Realtor.com's Find Home Values, visit http://www.realtor.com, or directly at http://www.realtor.com/homevalues/.

ABOUT REALTOR.COM®

REALTOR.com®, where the world shops for real estate online, is operated by Move, Inc., (NASDAQ: MOVE) and is the official Web site of the National Association of REALTORS®. Ranked as the #1 homes-for-sale site, REALTOR.com® currently offers potential home buyers access to over four million property listings, as well as the most brokers and agents. It also provides REALTORS® and the home sellers they represent with the Internet's largest real estate marketplace, reaching more than 6.6 million consumers in October 2008. Agents and companies have the power to customize REALTOR.com® resources to maximize their brand and productivity.

REALTOR® and REALTOR.com® are registered trademarks of the NATIONAL ASSOCIATION OF REALTORS®. REALTOR® is a federally registered collective membership mark, which identifies a real estate professional who is a Member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict Code of Ethics. All other trademarks appearing above are the property of Move, Inc., or of their other respective owners

ABOUT MOVE, INC.

Move, Inc. (NASDAQ: MOVE) is the leader in online real estate with 8.8 million monthly visitors to its online network of websites. Move, Inc. operates: Move.com®, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®, the official Web site of the National Association of REALTORS®; Welcome Wagon®; Moving.com; SeniorHousingNet™; and TOP PRODUCER® Systems. Move, Inc. is based in Westlake Village, California, and employs more than 1600 individuals throughout North America. For more information: www.move.com.

Median Sales Price of Existing Single-Family Homes for Metropolitan Areas, Q3 2008, National Association of REALTORS®

comScore Media Metrix, October 2008

This press release may contain forward-looking statements, including information about management's view of Move's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Move's future results. The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

© 2014 Tucson Local Media. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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