 |
 |
For
Buyers & Sellers
| Tips
for Buying/Selling
|
Calculator | Dictionary
The Multiple Listing
Service
Even before the
sign is up and the brochures
are ready, your agent should
list your property with
the local MLS (Multiple
Listing Service). The MLS
is a database of all the
homes listed by local real
estate agents who are members
of the service, which is
practically all of the local
agents.
Important information
about your property is
listed here, from general
data such as square footage
and number of rooms, to
such details as whether
you have central air conditioning
or hard wood flooring.
There should also be a
photo, and a short verbal
description of what makes
your house "special."
Agents search the database
for homes that fit the
price range and needs
of their clients. They
pay special attention
to homes that have been
recently placed on the
market, which is one reason
you get a lot of attention
when your house is first
listed. Many agents will
want to preview the home
before they show it to
their clients.
The main point about
having your house listed
in the MLS is that you
expand your sales force
by the number of local
MLS members. Instead of
having just one agent
working for you, now you
may have hundreds or more,
depending on the size
of your community.
The listing agent’s
main job to make sure
that the other MLS members
know about your house.
This is accomplished through
listing your house in
the Multiple Listing Service,
broker previews and advertising
targeted toward other
agents, not homebuyers.
<< Back
to Buying Tips
|
 |
| |
|
|
|
|
|