Privy’s third-party data sets provide comprehensive nationwide access to property listings and sold comparables, ensuring you can analyze deals effectively—even in areas where direct-to-MLS coverage is unavailable. By aggregating data from multiple sources, Privy bridges the gap, offering additional property details and market insights to help you make informed investment decisions.
What is 3rd Party Listing Data?
Third-party listing data is sourced from various data providers that aggregate MLS and off-market data across the country. It offers a broad view of property listings, sold comparables, and market insights to help you identify and analyze deals.
Key Differences Between 3rd Party and Direct-to-MLS Data
Data Timeliness:
In 3rd party MLS areas, listing data may not be as up-to-date as in markets with direct-to-MLS coverage.
Direct-to-MLS data updates every 15 minutes directly from the MLS feed
Photos and Agent Information:
Properties in 3rd party MLS markets may not include listing photos or agent contact details.
Coverage Gaps:
Privy uses 3rd party data to provide additional property details and insights where direct-to-MLS coverage is not yet available.
MLS Rules and Variability:
Each MLS has its own rules regarding what information can be displayed.
For example:
Some MLSs do not provide agent contact data.
Others may only show the office name or agent name but exclude phone numbers or other details.
What to Keep in Mind
Third-party data offers comprehensive nationwide coverage, but certain markets may have limitations in data freshness and listing details.
If precise, real-time updates and full listing details are critical for your workflow, consider focusing on direct-to-MLS coverage areas when possible.
By understanding the differences between 3rd party data and direct-to-MLS data, you can set realistic expectations and effectively navigate any market while leveraging Privy's tools.