1211 E 134th PLACE, GLENPOOL, OK 74033 $199,900

11242 N 89th EAST AVENUE, OWASSO, OK 74055 $185,000

8105 N 115th EAST AVENUE, OWASSO, OK 74055 $850,000

118th PLACE, TULSA, OK 74137 $95,900

TulsaRealtors.com Public Website Enhanced

TULSA, OK (July 1, 2008) – The Greater Tulsa Association of REALTORS^®’ (GTAR) public website, tulsarealtors.com has just been updated with significant new changes. The new version includes:

1. Open house search feature, including up to 16 photos, virtual tours, Google mapping (including aerial imagery) , and driving directions to the property; there are currently over 300 open houses listed each week.
2. Residential search feature includes custom searches, saved searches, saved listings, printable property detail sheets, 16 photos, virtual tours, Google mapping (including aerial imagery) , and driving directions to the property.
3. “REALTOR^® benefit” section highlighting the services REALTORS^® provide for consumers.
4. Estimate Your Home’s Value feature that allows consumers to get an estimated price for their home. For a more accurate value estimate it is always best to contact a REALTOR® . They evaluate the neighborhood features, surroundings, comparable home information, and analyze them to determine an estimated price for your home.
5. Parade of Homes link; the Parade of Homes is presented by the Home Builders Association of Greater Tulsa.
6. Demographic link on each home listing detail page; this is GTAR’s new eNeighborhoods product that gives agents and consumers demographic data based on the address they select.

According to the NAR 2007 survey on home buyers and sellers, 91% of home buyers between the ages of 25 and 44 used the Internet in their home search; 80% of all buyers started their home search online. Internet buyers spent 2.2 weeks looking for the home they purchased, compared to 7.1 weeks for the traditional buyer who did not go online. “With today’s gas prices, that is a significant amount of savings for home buyers,” commented NORES President Doug Horton. Typical buyers spend time driving around looking for “For Sale” signs in neighborhoods; now they can go online to tulsarealtors.com and view homes based on their criteria, which includes, price range, subdivision, school district, ZIP code, and more. The website uses the same database as the MLS system the REALTORS^® use to search for homes, so each listing’s details on the website are the most up-to-date in the market. Other websites, such as realtor.com, are only updated once a day. The problem with websites such as realtor.com is that not all of the properties show all of the details or photos – agents must pay for enhanced listings in order to have all the photos viewable, which can be very costly. At tulsarealtors.com, all properties that are available in the MLS system are listed in real-time; currently, there are around 6,632 single family homes for sale on the website.

The tulsarealtors.com website averages 1.5 million total hits, 37,000 total visitors, and over 60,000 property searches per month. The Greater Tulsa Association of REALTORS^® has leveraged its technical expertise and embraced technology in order to meet the demands of today’s tech-savvy consumers.

MSN ranks Tulsa as the 9th best bargain real estate market. According to the report, Tulsa ranks 9th as the most affordable housing market among the 100 largest U.S. metro areas. Bert Sperling of Sperling’s Best Places, evaluated the markets based on unemployment, commute times, and there’s enough interesting entertainment or recreation to keep most people busy. They defined affordability by the ration of median income to median home price.

The average price of homes in the Tulsa MSA has increased 3.8% year-to-date compared to this same time last year. The average price in May 2008 compared to May 2007 decreased 2%. The median price for May 2008 increased 3.6% compared to May 2007. Consumers can find more statistics by going to tulsarealtors.com and selecting the “Good Thing You’re in Tulsa” logo in the upper right hand side of the page. The Greater Tulsa Association of REALTORS^® is a real estate organization whose members are united to provide services; to promote education, professionalism, and ethical standards in order to assist members in better serving the public and protecting the free enterprise system and private property rights.