It is the
trademarked term for Major League Soccer, however in real estate it is the
Multiple Listing Service. It refers to a place where real estate brokers can go
and share information about properties that have been sold, or are being sold.
It is a service that
is subscribed to by brokers, it is a place for brokers to list new properties
for sale as well as a place they can search for properties to show their
clients.
In western
Washington we have the NWMLS. When we talk about a MLS number it is a specific
number assigned to a particular house for sale. It is a way of easily
identifying the house, and follows the property for the whole time it is on the
MLS.
If you choose to
sell your house FSBO (For Sale By Owner) you do not have the access to post
your home directly on the MLS. That is one of the important reasons for working
with a licensed broker so that they can get your house on the MLS.
Craigslist and other
web searches are good places to look at properties, however working directly
with an agent can be more direct and can get you the most current homes
available. Also because they can get on the MLS they are often able to get more
information for you on specific properties that you are not able to see as a
buyer.
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