IDX

Finding a Home

If you use the ‘Find Your Home’ feature on this blog you are gaining access to IDX – Internet Data Exchange. A fair number of Realtor® sites offer some variation of IDX.

According to rough estimates from the Real Estate Board of Vancouver of the 10,000 plus members only about 5,500 are licensed/registered to offer this service of which the majority use a third party vendor.

I was surprised to find that only 3 (subject to change), Vancouver Realtors® have developed their own software to make use of the IDX. Thanks to Dan at Ollie Media, I’m one of them.

The IDX here at YatterMatters is an omnibus solution as it offers information on all active listings from three real estate boards – Vancouver, Fraser Valley and Chilliwack. I have never sold a house in Chilliwack but I have referred people who have found a home via ‘Find A Home” to agents in that city.

Significance

A questionable side benefit of the ‘custom IDX’ is that each day it records the total number of active listings for all three boards. I haven’t quite wrapped my brain around the significance of this other than it might serve as one more bit of market information on a lower mainland scale.

Below is the result of tabulating the daily numbers since October 1st.

** If you think it serves a purpose let me know, otherwise it’s just a lot of work for nothing.**

Note 1: the days that are missing are a result of the server in California having a hiccup.

Note 2: you will always see drastic number changes at month end

Stats

As a matter of interest: Assuming that the IDX has 20,000 listings with up to 10 pictures per listing this equates to 220,000 records that reside on the YatterMatters server for IDX alone. Adding the several thousand pictures in the Galleries, post image files for 850 posts plus site program files and we approach a half a million files to make this place run. Seems like a lot of stuff just to tell you what I think. 🙂

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

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*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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