Who Wins with The Multiple Listing Service?
THE MULTIPLE LISTING SERVICE Maximum Benefits to Seller & Buyer The Multiple Listing Service, or more commonly known as the MLS, is a great tool for buyers, sellers, and real estate agents. Essentially, the MLS consists of a group of real estate firms, who have chosen to join an independent organization, which allow the sharing of property information between real estate firms. The buyers and sellers confidential information is not shared between the agents or firms. Simply, the MLS allows fellow real estate agents to show and sell, each others properties, even if the individual agent or firm does not have the property listed. Currently, in The New River Valley Multiple Listing Service, there are over 480 Realtors serving several counties. The shear number of Realtors, in this area, gives the seller a huge jump-start in marketing, while offering the buyer a number of choices in choosing the right agent. The Buyers and the Sellers are the winners in a MLS area. If, for example, a proper
