Tips On Hiring a Real Estate Agent And Using The Multiple Listing Service
MLS stands for Multiple Listing Service. You can do a search for MLS.
The MLS is a database – an extremely convenient way to know what properties are for sale at any given moment. This makes it very useful to real estate agents and brokers.
Basically, the MLS is like a huge property warehouse. When a property is available for sale, it enters the warehouse. When it is sold, it leaves the warehouse.
The MLS only contains information since real estate cannot actually be stored in a warehouse. This information comes from the various brokers that exist in the scope of an MLS.
Why the MLS works for home buyers
First of all MLS is very convenient. Buyers can browse through the available properties listed on an MLS.
Using the MLS also does not cost anything. It is a free service that is sponsored by the Realtors advertising their available properties.
On the MLS, a buyer is not limited to choosing among a few available properties. Usually, the MLS makes available many available properties that are for sale....