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What is MLS in Real Estate?

The MLS, or multiple listing service, is the general name for a database with all of the information about real estate properties for sale in a specific geographic area. The MLS keeps things organized. It also allows for more cooperation amongst real estate agents, salespeople, and brokers making for a more efficient market. This benefits consumers both buyers and sellers.

MSL Listing

Each local real estate association has its own MLS. Some have data exchange agreements which will post your home in more than one geographic MLS.

What Is MLS Listing?

Listing in the MLS can be done by working with an agent or agency who is a contributing member of the MLS. Becoming a contributing member of an MLS generally requires membership in a local real estate association.

What Are The Benefits Of Listing In The MLS?

There is a lot of blah, blah, blah about agents this and agents that. Let’s not talk about why agents are the best. Psst…I am a real estate agent. Instead, let’s talk about why the MLS is the best tool to expose your home to the largest pool of possible buyers.MLS Benefits

The main benefit of listing in the MLS is that the data in the MLS is fed to the major real estate websites. It is also fed to the real estate websites of locally owned brokerages and real estate agents. The buyers are online.

The number one action you can take to get anything sold is to get it in front of the largest possible audience of buyers. Real estate agents and their organization have done a great job making MLS databases prosper. Get your home in there! More exposure means more possible people fighting to buy your home.

What Is An MLS Number?

An MLS number is an identification of inventory applied to your home. It is meaningless. They are sequential and have no connotation about your home. As agents, we use them to more quickly find your home in the MLS.

Conclusion

The MLS was created with decades of hard work and trying to improve the ease of selling homes and exposing homes to the largest audience of buyers. It is an amazing system, and every seller should take advantage of it.

If you want to get your home on the MLS located in Northwest Indiana contact us. Quadwalls.com is a real estate Northwest Indiana, and we offer some of the lowest listing rates in the region. We actually publish our rates for people to view. You can see what we charge here.

About Author
Chuck Vander Stelt
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Chuck Vander Stelt

Real Estate Agent Northwest Indiana

Chuck Vander Stelt is the operating manager of Quadwalls.com, an award winning real estate agent based in Northwest Indiana, and a member of the National Association of REALTORS®. Chuck is a consistent contributor to the Quadwalls.com blog. Read Full BIO

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