What is the Multiple Listing Service (MLS)?
The Multiple Listing Service, referred to as the MLS, is a centralized location of all homes for sale by real estate agents. The MLS is the most valuable tool for real estate agents, as
you can imagine, for the following reasons:
Note that many believe one massive MLS database is serving all that is not true. But regional real estate markets have their own MLS managed and operated by them.
How does the MLS work?
Only real estate agents have access to the MLS databases, and real estate agents pay a small fortune to use the service. The MLS databases contain extensive information on recent as well as older listings and transactions. With continuous software improvement, the MLS search and filtering tools give the agents incredible tools to locate the right home for their clients.
Real estate agents use the information for:
Should I list my home on the MLS?
Yes, you should. The benefits of listing your home on the MLS is undeniable for the following reasons:
The higher exposure at a short period translates to quick and increased demand for your home. Higher demand is the best approach to get you the top dollar for your home.
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The above Real Estate article was provided by David Khosravi, a leader in his field in North York, Willowdale Real Estate, Reach out to David via email: firstname.lastname@example.org or by phone: 416.990.2424
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