What is the Multiple Listing Service?
The Multiple Listing Service (MLS) is the key to Home-Sales Success. The MLS lists the vast majority of real estate listings which are listed “for sale” by real estate brokers and their agents. All types of real estate property is listed in the real estate multiple listing service; houses, townhomes, condominiums, commercial property, lots, acreage and even rental properties. There are hundreds of local Multiple Listing Services located thruout the nation. Real Estate Associations in all 50 US states and Canada run their own MLS Systems. Statistics show that homes listed on the MLS sell faster.
A multiple listing service or MLS is a computerized database filled with detailed information regarding real estate properties for sale. This information is available to licensed real estate professionals who pay a membership fee not only to receive this information, but to add their own listings as well. The multiple listing service is an important resource for Realtors as it lists everything there is to know about most of the properties for sale in their area, regardless of the real estate company under which it is listed. Because of this, a real estate professional can sell a property another Realtor has listed and subsequently split the commission. The multiple listing service is also beneficial for the homeowner who is putting his home up for sale. By having a real estate agent enter his home into the multiple listing service, he can be assured that not only are hundreds of real estate professionals able to view his property, but thanks to the Internet, home seekers can view the p
The Multiple Listing Service (MLS) is the key to Home-Sales Success. The MLS lists the vast majority of real estate listings which are listed “for sale” by real estate brokers and their agents. All types of real estate property is listed in the real estate multiple listing service; houses, townhomes, condominiums, commercial property, lots, acreage and even rental properties. Statistics show that homes listed on the MLS sell faster. “The MLS” is the secret to success of real estate sales, directly responsible for about 4 out of 5 sales nationwide. About 85% of home buyers use a REALTOR® to help them locate a property. When a potential buyer contacts a Real Estate Agent regarding a home purchase, the Agent will search the MLS for homes matching the buyers’ desires, wants and needs.
The Multiple Listing Service (MLS) is the key to Home-Sales Success. The MLS lists the vast majority of real estate listings which are listed “for sale” by real estate brokers and their agents. All types of real estate property is listed in the real estate multiple listing service; houses, townhomes, condominiums, commercial property, lots, acreage and even rental properties. There are 1000s of regional Multiple Listing Services located thru out the nation. Real Estate Associations in all 50 US states and Canada run their own MLS Systems. Statistics show that homes listed on the MLS sell faster.
The MLS is an extremely powerful marketing tool employed by Real Estate Agents. Midwest Real Estate Data is a combination of the Multiple Listing Service of Northern Illinois and the MAP multiple listing service. It is the largest, most extensively used database of its type in the country. Real Estate Agents search the MLS for homes which fit the needs of their clients. MRED exposes your home to over 45,000 Agents and the Buyers they represent. Over 80% of the Buyers begin their home search on the internet. Over 90% of the Buyers searching for a home use Real Estate Agents. Real Estate Agents research properties for Buyers by utilizing the MLS.
