06 May What You Don’t See Can Hurt You
Most buyers and sellers only see half the picture — and it’s costing them.
At BuyMyHomie.com, we believe transparency makes you smarter. Whether you’re house hunting or thinking of selling, here’s why seeing the whole story — including pending and sold data — changes the game.
What does "Pending" mean?
When a home goes pending, the seller has accepted an offer, but conditions (like financing or inspection) still need to be met. It’s not officially sold — but it’s off the market.
Most real estate sites don’t show pending status. The home looks available, even though it isn’t. This confuses buyers and wastes everyone’s time.
At BuyMyHomie.com, we show when a home is pending, so buyers can stop chasing listings that are already spoken for.
Why List Prices Are Misleading
Here’s a common mistake: assuming a home’s list price equals its market value.
It doesn’t.
The truth is:
- In slower markets, homes sell for about 96% of list on average
- In hotter markets, it creeps up to 98-99%
- BUT many homes don’t sell at all. They get relisted, expire, or go through multiple price drops.
So what do you really need to know? Sold prices.
That’s the only number that reflects what buyers are actually paying in your neighborhood.
At BuyMyHomie.com, signed-in users can see sold prices and comparables to help them understand what’s actually going on in the market — not just what sellers are hoping for.
Why Sold Data Matters for Sellers
Thinking about listing your home?
The first thing a good agent does is pull sold data — to create a Comparative Market Analysis (CMA). That helps you set a realistic price that reflects the current market, not just your ideal number.
But you don’t have to wait for an agent to do that.
Use BuyMyHomie’s Neighborhood Watch to look up what homes have sold for near you.
Or input some basic info about your home here: buymyhomie.com/myHouse/property — and we’ll show you similar sold properties so you can get a rough estimate of value, instantly.
So Why Don't Big Sites Show This?
A few do — if you sign in. But most don’t, especially the largest platforms.
Why? The MLS systems that store the data are private, and Canadian Realtors have strict rules on how this data can be displayed.
A landmark court decision made it clear: sold data isn’t inherently private, but the platforms that host it are.
That’s why we built BuyMyHomie.com to work within the rules — while giving buyers and sellers far more visibility than the standard search sites.
We’re currently focused on the Greater Edmonton Area, but sold and pending data for the rest of Canada is coming soon.
You save money on upkeep costs when you downsize but you also MAKE more money.
TL;DR
- Pending means a deal is underway — but most platforms don’t tell you
- Sold ≠ List — and in slower markets, that gap can be thousands of dollars
- BuyMyHomie.com shows you both, plus lets buyers swipe and sellers see sold comparables
- You could buy or sell on your own — we’ll even help — but working with the right Realtor is still your best move
Want to see the data for your home or your search area? Try BuyMyHomie.com.
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