STAMP OF APPROVAL

Numerous Web sites display property listings, but it's unclear how often the listings are updated. "If you're looking at a database that is 12 hours old, 24 hours old or even longer, you might miss out on opportunities," says Realtor.com President Errol Samuelson. Of the 909 Multiple Listing Services that provide listings to Realtor.com, only 214 update information every 15 minutes. In an effort to better serve buyers, the site will start time-stamping listings when they are posted or updated beginning sometime this summer.

Source: Chicago Tribune (07/27/08) Sichelman, Lew
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