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10-08-2008, 10:48 AM
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Senior Thinker
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Join Date: Sep 2006
Location: San Antonio
944 posts, read 883,957 times
Reputation: 210
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No New Real Estate Listings?
Due to my interest in local real estate (I may be a buyer someday), I've been receiving email listings from an agent for the past year and a half. Even in the off-season, I've received upwards of ten new listings a day (for a certain section of central SA, and the NW side between 410 and 1604, price range 100-250,000).
Last week I got about three per day, and I haven't received one single new listing since last Friday! I can understand that people won't want to list, because regardless of what realtors say, SA is NOT different and sellers may be hesitant in this market, but it seems like such an abrupt chop off to me to have NONE. What else could be going on?
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10-08-2008, 10:58 AM
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Moderator
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Join Date: Nov 2007
Location: Texas
6,601 posts, read 4,134,716 times
Reputation: 2402
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Real estate people have told me that the 4th quarter is traditionally the slowest for residential real estate. It's the time of year when agents take vacations. The 4th quarter began one week ago today.
__________________
Moderator: El Paso, General US, Madison and San Antonio.
Temporarily Moderating: Texas
When I post a whole sentence in bold, that's moderator action. The TOS says you can discuss moderator action only via Direct Message.
Everything else I post is OK to discuss/question/disagree with in the forum.
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10-08-2008, 10:59 AM
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Senior Thinker
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Join Date: Sep 2006
Location: San Antonio
944 posts, read 883,957 times
Reputation: 210
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Great, thanks. I've become addicted to seeing the listings, and miss them!
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10-08-2008, 11:01 AM
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Senior Member
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Join Date: Aug 2007
135 posts, read 89,383 times
Reputation: 164
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I get listings for houses up to $200,000 from areas in 78201, 78212, and 78209. They're still coming, every day.
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10-08-2008, 11:21 AM
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Senior Thinker
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Join Date: Sep 2006
Location: San Antonio
944 posts, read 883,957 times
Reputation: 210
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Thanks. I'll have to check. I get listings from two realtor acquaintances (some of the listings overlap), but all have stopped completely.
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10-08-2008, 11:28 AM
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Free Hat
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Join Date: May 2007
Location: San Antonio
10,146 posts, read 5,587,235 times
Reputation: 2094
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4Q is also a slow time for military moves.
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10-08-2008, 11:41 AM
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Junior Member
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Join Date: Jan 2008
4 posts, read 2,406 times
Reputation: 12
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Change in MLS systems
Hi,
the no listing received recently from your Realtor is more than likely a change in the MLS system that all Realtors are experiencing right now. The old system was removed in the beggining of October and previous clients were wiped out in the new system along with automatic email listings. More than likely your Realtor(s) hasn't set you up in the new system yet or don't know how to use it. There are still new listings out there, they just need to know how to use the new system correctly.
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10-08-2008, 11:49 AM
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Senior Thinker
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Join Date: Sep 2006
Location: San Antonio
944 posts, read 883,957 times
Reputation: 210
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That totally explains it, thanks.
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10-08-2008, 12:08 PM
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Senior Member
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Join Date: Aug 2007
135 posts, read 89,383 times
Reputation: 164
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Yes, a systemic change might make sense. I get my MLS listings forwarded from the SA-Express. It seems that I've been getting an equal amount--perhaps even more than usual--including some pretty nice houses.
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10-10-2008, 09:33 PM
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Real Estate Agent
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Join Date: Jul 2007
Location: San Antonio
34 posts, read 37,990 times
Reputation: 12
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You are absolutly correct. As of October 1st our old MLS system is gone. We have a great new system for sending clients listings. It is very user friendly and lets you do a lot of things with the listings that are sent to you.
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