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In my experience, local MLSs are still way ahead of the publicly available online services. Trulia tended to be better than Zillow in my region, but they still lagged weeks behind what my realtor was able to send me. Properties moved so fast that almost everything I sent my realtor from a publicly available data source was already sold.

I really hope that this will change.

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I bought my house after seeing it on Zillow. It never showed up on the Keller Williams site my agent set up for me, and he never knew about the place until we asked about it. It was my first home purchase, so he was very helpful throughout the process. I probably won't use an agent the next time I buy, and I definitely won't be using an agent when I sell.

realtor's often have 3 days to 'pocket' a listing before they have to put it in the mls. these 'pocketed' listings can be privately shared and thats where realtors keep a little advantage.

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