What is the MLS?
A. The Multiple Listing Service (MLS) is a cooperative marketing system which allows professional Realtors to share information about real estate for sale. It is the most powerful marketing tool for a homeowner to sell their home. Regardless of which company an agent works for, he or she has access to the same data base through their local board of Realtors. Q. How will I save thousands with your MLSExpress™ listing plan?A. Let’s assume your home sells for $250,000 and that you paid $499 to list your home on the MLS for a flat-fee. The commission would be $7,500 plus a $499 flat-fee for a total of $7,999. This is calculated as follows: $250,000 X .03 = $7,500 and a $499 flat-fee. Now, lets compare the savings over a traditional 6% broker. The commission on a $250,000 sale with a 6% commission fee would be $15,000 ($250,000 X .06 = $15,000). Therefore your savings would be $7,001 ($15,000 – $7,999 = $7,001). See savings here. Pricing varies depending on location. See Competition and Rea
MLS stands for Multiple Listing Service. Approximately 90 percent of all homes for sale are listed on one of more than 1,000 local MLSs across the country. The MLS is “the real estate market”, and it is a known fact that homes listed in MLS will sell faster and for more money than non-listed homes. Only a licensed real estate agent who belongs to your local MLS (also known as a Realtor) can list your property. This means that even though you are selling your home yourself, if you want to get your house listed in the MLS, you must find a Realtor who will load your listing into the MLS database. For Sale By Owner Homes can list your home anywhere in the USA because we have hundreds of brokers who belong to all the various local MLSs.
The REALTOR® MLS™ is the primary database used by Realtors® to market and sell property. The Multiple Listing Service (MLS ) is an exclusive database of all of the properties listed for sale in the metropolitan or regional area of coverage. This database is generally owned and used exclusively by REALTORS® and provides them with information about all of the available homes for sale. REALTORS® use this system to cooperate on the sale of each other’s listed properties and share in the compensation for selling the homes. Before now, most real estate brokerage firms required home sellers to enter into lengthy exclusive listing agreements with a hefty commission payable in any event of sale or transfer in order for their home to be placed in the MLS system.
The Multiple Listing Service is a service that allows for the sharing of all real estate properties listed for sale by brokers in a certain area or region. This is a powerful tool that is purchased and used by majority of the agents to list and search for properties. Not all real estate agents and brokers working within the area have access to the MLS. As one who have full access to it, I will either help you find your home or list your property in the MLS for a period of 6 months or more. This is one of the best way to market your property.
