Zillow’s change may benefit Realtors with Tour Factory

real estate listing syndication system and tour factoryIf you know anything about real estate listing syndication, it has been something of controversy amongst real estate agents.

The long standing opinion is that the real estate agent is “giving away” leads in the form of their seller’s real estate listings. The leads are being captured and sold to real estate agents willing to pay for them.

The other side of the coin, which is also head in high popularity, is the opinion that these sites bring more attention to a home seller’s real estate listing due to their sheer online presence. Which is applicable when people want to search online for homes and real estate listings which are for sale.

“The Zillow Group has decided to stop providing all non-MLS organizations, including TourFactory, with the ability to automatically syndicate listing information to their sites.” – per TourFactory update email received by yours truly on 10/26/2016.

As the email continued it further stated, “This decision means listing information, photos and virtual tour links may now need to be manually uploaded to Zillow Group sites, and this information will not be automatically syndicated to Zillow Group sites through your Tour Factory account. We understand that Zillow Group automation is a benefit to our customers and regret that this service has been suspended.”

I appreciate TourFactory’s position that this “automatic syndication” was a benefit. In my opinion, and a lot of other real estate agent’s opinions, this may be a Blessing in disguise for the TourFactory System.

I love their platform and it assists our home sellers in the production of professional real estate photo shoots with their real estate listing. The Tour Factory system then allows for cutting edge and beautiful virtual tours to be produced and uploaded to various agent platforms for advertising and marketing purposes.

Agents who shoot properties themselves, can also upload amazing photographs and build out virtual tours for the home seller’s with ease on TourFactory. They are able to rename photos for SEO purposes and presentation appeal, the agent is then able to syndicate the virtual tours where they see fit. Facebook – Google Plus – Twitter – Instagram – Pinterest and other online system. #tourfactory

I know many real estate agents and large brokerages who want to keep the real estate syndication websites from being able to capture and display their home seller’s real estate listings. Now, the choice is easily able to be made by the individual agent who employs TourFactory technology. As the default, Zillow will not automatically upload the virtual tour data to their website. It will now be up to the agent to do it.

Of course, if the agent is a paying member of Zillow, they will be able to make this happen easily. If they are not fans of Zillow and wish to keep their TourFactory virtual tour off of that system, they don’t have to lift a finger to do so.

If you are interested in obtaining the Tour Factory system – please contact our go to, Courtney Brayton 661-244-7576. She handles the support needs we have from time to time and is able to dispatch professional photographers for the real estate and homes you desire. BTW – she is wonderful – thanks for taking the time to read our updated posting regarding TourFactory and Zillow’s Decision, which may turn out to be beneficial and not a bad thing!

October 18, 2016 Santa Clarita real estate news

santa-clarita-real-estate-news-october-18-2016The daily events within the Santa Clarita real estate news cycle will include the newest real estate inventory for all of the SCV cities.

We have constructed MLS pages which all have the most current Santa Clarita Valley real estate listings. These will include the cities of Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch and Valencia. Without delay, you will be able to be one of those in the “KNOW” when it comes to real estate on the local real estate market level.

As you can see by the intel we have created within the market activity intel “market watch” photo we have had the following Santa Clarita real estate news hit in the past 24 hours.

8 new listings have entered into the Multiple Listing Service in the Santa Clarita real estate market.

To view all of the new listings in Santa Clarita – choose one of the following cities.

Valencia homes for Sale

Stevenson Ranch real estate listings

Canyon Country realty listings

Saugus California home listings

View Newhall Homes for Sale

Find Castaic real estate for sale

Enjoy the system and please let me know if there is anything that I may do to be of the best real estate service and protection. I’m Connor with HONOR and I’m a local realtor in the Santa Clarita Valley with Santa Clarita real estate news.

 

October 11, 2016 Santa Clarita real estate news

october-11-2016-in-santa-clarita-real-estate-newsSunday came and went and today we are working. It’s Columbus Day. I’m not sure I remember this right, but I don’t think Columbus discovered America?  Someone let me know 🙂

This past Sunday there were very few listings hitting the market – not the typical 12-20 we get on a daily basis within the Santa Clarita Valley Cities.

This is the recap for Tuesday, October 11, 2016. While we have been busy with real estate clients we get the ever pressing questions as to now is the time to buy or not.

The same question, from a seller’s point of view, comes at the very top of our Santa Clarita relocation and inquiries via email and SCVnest.com.

There is no perfect answer. We explain to our clients that whether they sell or buy now, will depend on them.

While we don’t see the “bubble” that we did back in 2006/2007, some are concerned that this real estate market, being 10-12% off peak prices, cannot continue at this rate. They are referencing the rising prices and lacking inventory.

I will tell you that the high home buyer drive in the Santa Clarita Valley coupled with the lousy real estate inventory is causing the home prices to climb and we have been this trend since the bottom of the real estate market. The bottom of the Santa Clarita real estate market was seen during the final quarter of 2011 and the first quarter of 2012. If you bought then, you are doing well today with regard to equity – potentially increasing your portfolio 25-35%.

Real Estate is still the best option, from an investment point of view. Plus, there are many bonuses related to owning a piece of the American Dream. A Biggie has to do with the mortgage interest tax deduction. While we always tell our clients to defer to a tax professional to see how much they will be able to “write off” related to mortgage interest, some clients have been able to write off 100% if not a large chunk.

Watch our Santa Clarita real estate news website to stay on top of the local housing markets within the cities of Agua Dulce, Acton, Castaic, Canyon Country, Newhall, Saugus, Valencia and Stevenson Ranch.

Here is a youtube video by Connor Macivor, yours truly, which i completed this AM about how to remove your home’s photo from Google maps. I also included the ways in which to remove previous listing photos. When a real estate agent obtains a listing, they take photos. They then take those photos and publish them online. When they do, the real estate syndication websites take those photos and use them for their own websites. While some consider this to be a violation, but to the lacking permissions of the Real Estate syndication websites, they do it anyway. I spoke about how to get those photos to come down. Heck, if someone is going to start the research about where you live and the current configuration of your home, there is no reason to make it easy on them.

October 8, 2016 Santa Clarita real estate news, happy Saturday!

what-is-your-home-worth-in-real-estate

We have been busy this week with meeting with new clients and taking care of those who have been sending their friends and family our way.

FYI – We go a bit outside of the Santa Clarita Valley, but we have to get those types of showings and listings outside of Santa Clarita Valley scheduled. I also need to double check with all the “powers that be” to ensure that my Board of Realtors membership meshes with the local real estate market in “enter city name”, where you are interested in buying/selling – which is not in the Greater Los Angeles Areas – but still within California.

It’s not by accident that we branded ourselves – with our REMAX Relocation Business – SCVnest. We also have the Toll Free for easy remembering, 855-SCVnest !

Another option, If I come to the conclusion that I would be doing you a disservice by being your real estate representative due to the location of the home or you wanting me to do something that has a steep learning curve – such as selling a 200 office, 45 floor commercial building, I know just the right agent. I know agents in most cities within the United States and in a healthy amount of other countries. Believe it or not, in some cases, a REMAX Realtor is not the best choice. I have a referral system with Century 21 agents, Keller Williams, Realty Executives, Berkshire Hathaway, Sotheby’s and of course REMAX. However, I have always had an understanding, from the beginning of me starting representing real estate buyers and sellers, It’s always about who can serve the client best!

Before I get into the Santa Clarita real estate news, the takeaway this week was a post that I wrote about something near and dear to my heart. This topic has to do with a home, condo or townhome that is listed for sale but says “Sold before processing“. Meaning the home had an accepted offer before it went to the home buying public via the Multiple Listing Service – which is the nation’s largest system, which contains 99.9% of the homes for sale. So, you can deduce this home was not marketed and advertised as it could have been and the home seller’s wanted it sold with very few people viewing it.  Maybe the seller was feeling in a “giving” mood. Maybe the seller’s choice of real estate agent spun for them a tale how this tactic would be in the seller’s best interest. We had a listing, not too long ago in Canyon Country, where our home seller could not make more than a certain amount of profit from the sale of their home. This was due to some court issue related to bankruptcy. The home was still advertised to the general public because I needed to make sure my seller had received the offer which had the best in the way of financing. In this specific case, we were able to present to our home seller a cash offer with a 15 day close. The buyers in this case were also willing to waive appraisal and their inspections, including termite.

During my recon this AM in the Santa Clarita Valley when I was prepping for my daily housing radio show, I observed the following Santa Clarita Statistics related to the local housing market in the SCV:

  • 26 residential real estate listings hit the local Santa Clarita market for sale in the past 24 hourssanta-clarita-real-estate-news-daily-october-8-2016
  • 18 Santa Clarita homes had their prices changed in the past 24 hours
  • 7 homes fell out of escrow, and are now back on the market in each case
  • 10 real estate listings entered escrow – all were placed into the pending status
  • 22 Santa Clarita homes closed escrow – with new happy owners 🙂 (The ones we represented were happy!)
  • 4 real estate listings in the Santa Clarita Valley, expired, and were not able to be sold by the agents representing the Santa Clarita Valley home sellers.

When you are ready I’ll be here. I’m Connor T. Macivor and I’m proud to be of service to you and yours.

 

 

Santa Clarita real estate news October 7, 2016

october-7-2016-santa-clarita-real-estate-newsThe day is awesome and we bring to you Santa Clarita real estate news and the newest 21 real estate listings which have hit the Santa Clarita real estate market in the past 24 hours.

During the past 24 hours in real estate I have been monitoring the following real estate activity for our real estate clients in Santa Clarita Valley Cities. I have included the information for Valencia, Stevenson Ranch, Saugus, Newhall, Castaic and Canyon Country California. Each of these listings, at the bottom of this page, are going to be organized from newest on the market time frame to oldest – at least within the 21 home listings.

This 24 hour time period related to Santa Clarita real estate and news has been updated as of 1054hrs on October 7, 2016, Friday. We have a busy weekend coming up and are prepared to be of great assistance.

This is one of our most recent youtube video’s introducing the Santa Clarita real estate news website. Every site we have, I have done most of the heavy lifting. I take pride in my real estate websites. I want our Santa Clarita real estate websites to be cutting edge and never to be lacking in functionality or purpose.

In the Past 24 hours, within the Santa Clarita real estate news system, I have been following 21 new real estate listings which hit the market for sale in the SCV Cities of Acton, Valencia, Stevenson Ranch, Newhall, Castaic, Canyon Country, Saugus and Agua Dulce.

View the newest 21 real estate listings in Santa Clarita Valley below my Santa Clarita real estate news information.

11 real estate listings in the Santa Clarita Valley had their prices changed. 8 of the Santa Clarita real estate listings were reductions from listing price to listing price. One of the real estate listings, the one on Town Center Drive, that one was increased in price and put into pending status. Some agents do this in order to advertise their “skills” in being able to get more money than a home is listed at.

During our market watch segment for Santa Clarita Valley cities, I researched 7 real estate listings that went from being for sale and active on the market to being under contract. This applies to the homes being entered under the pending or backup status. The breakdown of the listing timeframe and days on market is as follows. The property which was on the market for the longest amount of time before entering escrow had been on the market for 105 days. The property which had the shortest amount of time on the market had 6 days on the market before having an accepted contract written on it.

Make sure you reach out to me when you are ready for my real estate consultation and representation. I’m Connor T. MacIvor and I’m glad to be of service to you. Please share our Santa Clarita real estate news website.

[idx-listings linkid=”145866″ count=”21″ showlargerphotos=”true”]

Santa Clarita real estate news October 6, 2016

Today is Thursday and the Santa Clarita real estate news and sites are up and running. We have seen 20 new listings hit the local market in the past 24 hours and one of those listings was “sold before processing”.

Find out what Sold Before Processing Means.

Some consider the “sold before processing” a scam. Something that does a disservice to a real estate seller. Why would any real estate seller want to sell their home before having all who may be interested view it and have a chance to compete for it!!!

Sometimes real estate agents are to blame for setting up this scenario. Sometimes the real estate seller gets an offer which is too good to be true, so they take it. Sometimes a real estate seller knows the real estate buyer because of the buyer sending them a santa-clarita-real-estate-news-10062016nice arrangement, flowers, cookies, Disney gift basket – etc…

Today in Santa Clarita real estate, we have 20 new real estate listings that hit the market for sale. If you want to see them in their totality – View the New Santa Clarita Home Listings here

During the past 24 hours in Santa Clarita real estate, we have had 20 Santa Clarita real estate listings which have had their prices changed – Here is the break down so you can see how the current market is fairing in the SCV:

18 real estate listings have had their prices reduced. This is applicable from listing price to listing price. These homes are still active and for sale. These are not “reductions” within escrow, which sometimes happens and is reported during the escrow time period.

One of the 20 real estate listings, which have experienced a price change, was a price increase. This is also applicable regarding listing price to listing price. This price increase was not one of those which was completed in escrow under an accepted offer. This happens when the real estate agent is wanting to advertise they “sold for more” than the fair market value of a home. This was not the case – fyi.

The other price increase was a cancellation. This could be for a couple of reasons. The property is showing as a cancelled listing. The seller may have wanted to fire their real estate agent due to some issue or non performance. The real estate agent could have wanted to fire his seller, due to some issue. Maybe there was some tragedy that occurred or the home seller changed their mind, thereby wanting to cancel the real estate listing.

Real estate requires anyone – buyer or seller – to hire a local expert in their own market or the one they are interested in. We have a relocation procedure and system in place where we know agents in all 50 states and within other countries. We are REMAX Relocation and proud to be of service.

If you are in Santa Clarita Valley and want our assistance, I will be here for you personally. I’m Connor T. MacIvor and I want to apply for the job of being your Realtor.

Santa Clarita real estate news – October 5, 2016 – Wednesday

santa-clarita-real-estate-news-october-5-2016When it comes to real estate and the Santa Clarita real estate news, we have the information which a real estate buyer and real estate seller should be seeking.

Here is the number one reason a real estate seller needs this type of information. So they can deduce the type of market “outside” of their chosen real estate professionals opinion.  They have to know where they are in the current Santa Clarita real estate cycle and the best ways in which to have their Realtor handle their specific real estate sale. While most agents are going to give you the true skinny related to the state of the real estate market, some won’t. Those “some” are what you should be watching out for. With our Santa Clarita real estate news updates, you will know the status of the market and when you are ready make sure I am on your “agents to be interviewed” list!

The number one reason a real estate buyer needs to know where the current Santa Clarita housing market is because they are about to approach buying a home. If the market is in flux or if there is some type of “impending” circumstance which may affect them buying a home now, they need to be educated. Another unfortunate issue is most in my industry, present company excluded of course :), will say it’s always the time to buy real estate. Due to there being other reasons besides “The position of the current real estate cycle” for buying real estate. I get that, but a real estate buyer needs to know the truth before interviewing real estate agent number one. Make sure we are on your “interview” list for Santa Clarita Agents, I’ll show you what you need to know.

Check out the Santa Clarita homes for sale within a particular school district and or Santa Clarita school boundary.

Today, October 5, 2016, as of 1229hrs, The Santa Clarita valley real estate inventory is at 640 active units for sale. The cities of Castaic, Canyon Country, Newhall, Saugus, Stevenson Ranch, Valencia, Acton and Agua Dulce were all reconned via the Southland Regional Association of Realtors – SRAR – Multiple Listing Service system.

272 real estate listings are currently in Backup status within Santa Clarita real estate. This means that these are homes that have accepted contracts and are in escrow. In most cases the escrow money deposit has been received by the escrow company the home seller chose, the buyers are starting their inspections or have completed them and all is good within the transaction. However, the properties are being kept in backup position in order to get additional viewings and sellers want additional offers on those properties just in case their real estate falls out of escrow.

As an example, 7 homes which were in escrow, during the past 24 hours fell out of escrow. This means these properties are back on the market for sale. If they had additional viewings and showings, they may have received additional offers. Those additional offers could have been utilized to get these homes back into escrow. However, that is if those real estate buyers are not already in escrow on something else.

Please check back often to our Santa Clarita real estate news dot com site. I post up as often as my schedule allows and I promise to take great care of you when you are ready.

Check out my HousingRadio show ———–>

It’s great and awesome…

Santa Clarita real estate news – October 4, 2016 – Tuesday

santa-clarita-real-estate-news-10-04-2016During the past 24 hours The Santa Clarita Valley cities have had the following real estate activity.

FYI – I monitor the real estate data daily and sometimes, in a fast paced market, as we see from starting February and slowing down in August within the Santa Clarita Valley (as long as it’s a healthy market), multiple times per day for our Santa Clarita real estate clients.

During the past day in the Santa Clarita Valley Cities we have had 14 new residential real estate listings added to the local “for sale” inventory. I have those posted at this link – View the New Listings in Santa Clarita.

We have also seen that 18 homes have had their prices reduced in the Santa Clarita Valley Cities. In some real estate markets, these price changes are increases. In the current Santa Clarita market, due to the lessened buyer drive and the increasing inventory, we are seeing listing price to listing price reductions. Some sellers are being “oversold” by the agents whom they are interviewing. Some sellers are using Zillow and other online systems to establish value for the real estate they own and are getting Santa Clarita sellers marketmisleading values for their homes. BTW, if I were a conspiracy theorist – I would say this was done on purpose to mislead a potential home seller.

6 Santa Clarita homes have had their escrow cancelled. For whatever reason, the home buyer or the home seller was unable to proceed with the transaction. There are many reasons for homes not selling and having their escrow cancelled.

The first reason which comes to mind by most of those in the world who are viewing real estate as a buyer or seller, is the buyer “finding out” something they could not live with related to the home they were in the process of buying.

That is the easiest factor to consider. However, that happens about 40% of the time. There are other factors that come into play when it comes to having a home re-enter the for sale market. One example is a buyer not being able to obtain financing due to a change in their credit profile.

It used to be once approved always approved. This was before the last foreclosure cycle. The banks were loaning money and not looking back to re-run a home buyer’s credit report close to closing. They did not ask for documentation from the buyer’s employer asking for verification of employment closer to the close of escrow. The bank statements were not asked for again as the deal was about to close. Today, that whole scenario has changed.

Advice for a Santa Clarita real estate buyer. Amongst all of the items we cover in our Crash Course on real estate for our Santa Clarita home buyers, the “Don’t buy, pay off, open new lines of credit, gets the most “AH-HA’S”! When you are ready, call me directly and I will take great care of you. Have an awesome day and please use our SCVnest system to get what your Santa Clarita home is currently worth and it’s fair market value. Also use our SCVnest real estate system to search for the actual real estate listings currently on the home market for sale.