what is mls used for
1,7377 answer(s)
Vickey Wachtel
About 11 years ago
At one time it was priviledged information shared by realtors, today it is a valuable source of information for buyers, sellers and the general public. For some of us it as a source of entertainment, I can look for hours dreaming of that beach house I want on Crystal Beach. As a realtor I use it to find listing to show to buyers, comps for sellers, if upgrades are the norm or true upgrades in a neighborhood. You can check the location and neighborhoods through the Map, this can be a true gas saver. The list of uses for the MLS goes on and on. It is vital to Real Estate for both the consumer and the Realtor.
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DislikeHolly Montalbano
About 11 years ago
MLS is Multiple Listings Service. It's the place Realtors share information with other Realtors about property they have listed This facilitates co-ops between brokers. One Realtor may have a perfect listing for another broker's buyer. Realtors also share information about property that has closed which is used by other to determine value. MLS also establishes a contractual agreement with other Reator/Brokers in reference to compensation.
HAR User
About 11 years ago
In addition to the answers here, I think it is important to add that in Houston our MLS data is on a public-facing website. That website is www.HAR.com and "public-facing" means that you do not have to be a realtor to access the "multiple listings" of property/land for sale/lease in our area. Please be aware that this not true in many other places in the country. There remain some areas where MLS information is not (as easily) accessible or available to consumers as it is here in Houston.
Evan Compean
About 11 years ago
Good information by Darlene. The MLS is basically a system used to exchange listing information for a specific market. As a consumer, you have access to the MLS by using www.har.com
Arthur Confait
About 11 years ago
As well as what Darlene said you can find a lot of useful information about all the neighborhoods in and around Houston, and it can also help you find a good Realtor to work with
Darlene Stinson
About 11 years ago
MLS stands for Multiple Listing Service. It's the place where Realtors post houses, condos and land for sale or for lease. It's the place where agents and buyers can search for properties for sale. MLS also shows agents the status of a property -- whether it's under contract, whether it's sold, whether the listing has been withdrawn, etc.The Houston Association of Realtors (HAR) runs the MLS in this area.
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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