123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Advantages Of Using An Mls Broker When Listing Your Home

Profile Picture
By Author: Rob Parker
Total Articles: 312
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Selling a house is always a very stressful event. The advent of the Information Age has meant that at least some of the stress can be taken out of the home selling process through the use of MLS brokers. In this article we will take a look at what the MLS is and what it has to offer to home sellers.

What is MLS?

MLS stands for Multiple Listing System. These are privately owned databases on which home sellers can list their property under the approval of certain real estate brokerages. A brokerage is a company that employs real estate agents: the intermediary between the buyer and the seller.

The benefits of MLS

There are several benefits of listing your home with an MLS broker. The chief benefit is in the area of cost. When you list with an agent, the sale of your home will mean that you sign over a portion of the price to the agent as a commission. This can mean a lot of money leaving your pocket to pay someone else, usually to the tune of tens of thousands of dollars (an average commission for a real estate agent hovers around $7,000.00).

When you sell your house on the MLS, the agent who ...
... finds the home is acting on the behalf of the buyer; they use the MLS to find homes that their clients may be interested in. There is usually still a commission paid to the buyer`s agent, but this is often only half of the cost of using two agents to sell your home. If you pay a flat fee to list your home on the MLS, the savings may be even more substantial, as a one time rate of a couple hundred dollars is the only fee the brokerage will charge.

Listing your home on the MLS will not only allow you to keep more money from the sale of your home, it may also help to sell your home faster. Most MLS systems are used by a few different brokerages, and these brokerages may be national and even international in their market. This means that you are no longer tied to local market conditions as far as looking for buyers; anyone who uses that MLS listing system may find your house. It`s much more far reaching than other means of advertising a home for sale.

Listing your home on the MLS through a broker can mean that you deal with two of the most important areas of home selling in one step; not only will you be able to keep more money from the sale for yourself, you will also have a potentially wider market as far as buyers.

Total Views: 311Word Count: 441See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. Trueasset Consultancy
Author: Anju Trueasset

2. Foreclosure Survival: How Cash Buyers Can Save Your Home Sale
Author: Rick

3. Manufacturing Unit For Rent In Sanand: Everything You Need To Know
Author: Ashishestate

4. Looking For An Industrial Shed For Rent In Sanand? Here’s What To Check
Author: Ashishestate

5. The Role Of Concrete Sand In Road Construction And Infrastructure
Author: doctorsand

6. Sell House As Is – A Quick And Hassle-free Way To Get Cash
Author: Joe Home Buyer Denver Metro

7. Top Reasons To Choose Bizzhub’s Coworking Space In Indiranagar
Author: Bizzhub

8. Top Reasons To Consider Office Space For Rent In Vasant Kunj, Delhi
Author: Hsnrealty

9. Steel Vs. Wood Vs. Aluminum Garage Doors – Which One Is Right For You?
Author: Door-Tech Garage Doors Services

10. Stunning Townhome In The Heart Of Innovation Is Being Sold Privately!
Author: Bruno Versaci

11. Why Businesses Are Turning To Commercial Property Portals In Bangalore For Office Space Solutions
Author: CityInfo Services

12. How A Manufacturing Unit On Lease In Sanand Can Boost Your Business Growth
Author: prakashestate

13. Industrial Shed For Rent In Sanand: How To Find The Perfect Space
Author: prakashestate

14. Key Benefits Of Taking A Manufacturing Unit On Lease In Sanand
Author: Divyaestate

15. Find The Best Industrial Shed For Rent In Sanand – Expert Tips
Author: Divyaestate

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: