It is funny how much we depend on technology in the Ann Arbor real estate business these days.
About an hour ago I started having problems with our MLXchange system. (That is the database of property used by the Ann Arbor Area Board of REALTORS.)
Today the MLXchange system was crashing a lot when I tried to look at some detailed property listings. To the point that it was almost unusable. So I decided to take a break and catch up on some email.
Just now I received an automated email of a price reduction that sounded too good to be true. It is a West Ann Arbor home that would be priced around $245,000 and the price noted was $125,000. So, I pulled up the complete data and sure enough, it looked like there was a big price reduction.
Well, the listing agent is someone I work with a lot and she is normally very professional. As I looked at it closer something didn’t make sense so I decided to call her and see if it was just a typo she would want to fix.
It turns out she knows nothing about a price reduction! It would appear that the MLXchange system reduced the price without human intervention!
Either that or, it has let some quirk in the data slip by where somebody else’s reduction was made on this property.
Very strange day for real estate!
Update: The listing is changed back to the original $255,000 price. I’ll try to get an explanation from her the next time we talk.
As always if you are interested in finding the best home for your needs and buying it at the best price, give us a call. That is all we do and we do it very well!
Jon Boyd
Broker/Manager
The Home Buyer’s Agent of Ann Arbor
Ann Arbor real estate’s top buyer’s brokerage