It can definitely be stressful to sell your home, but today with brokers that use the MLS system, some of the stress can be eased. Wondering what the MLS is and how it can help you? Here’s a closer look at what it can do for you and all the advantages you can enjoy.
If you’re not sure what MLS stands for, it is the Multiple Listing System. The MLS is a database that is privately owned, and, with the approval of a real estate brokerage, sellers are able to have their property listed on this database. It can be searched by anyone with access to the MLS and gets the word out there about homes for sale. Going with a real estate agent or paying to have your listing on the MLS is definitely worth the money you’ll spend.
One of the main advantages of having your home listed on the MLS is that it is a huge key to a successful sale. About 80 percent of homebuyers today purchase their property through the MLS, which means that if you aren’t listed on the MLS, you cut your chances of selling your home by more than half. When you have a home listed on the MLS, you’ll have many different agents in the area working to sell your home; with all that exposure to brokers, realtors and buyers, you should definitely sell your home quickly.
Another huge advantage of having your home listed on the MLS is that buyers see your home. If you are trying to sell your home by yourself without having your home listed on the MLS, you will end up getting people interested only if they actually drive by your home. If you are located in an area that people don’t usually drive by, this is a real disadvantage. Even if a realtor sees your home, if it isn’t listed on the MLS, they probably won’t want to show it. However, when you do have your home listed on the MLS, you will show in searches seen by buyers on a regular basis, ensuring that you sell faster.
It is actually possible to list your home on the MLS without using a real estate agent or broker. If you choose to sell your home yourself, using the MLS system is definitely worth the money. You ensure that your home gets out there, and you also avoid paying for the help of a realtor, which can save some money in some cases.
The MLS system takes your home from a very narrow market and gives you a much larger market when it comes to buyers. Brokers and realtors are not the only ones using the MLS; people search it from all over the globe. The Internet basically puts your home on an international market, which means you don’t just have to rely on market conditions in the local area. If you’re serious about selling your home, then ensure your home gets listed on the MLS for the best results.
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![Crews finish work on the entrance to the Hampton Edison build-to-rent community on Edison Road and Wilson Avenue on May 16, 2024. [Monica D. Spencer]](https://www.inmaricopa.com/wp-content/uploads/2024/05/spencer-051624-hampton-edison-nears-completion-web-01-100x70.jpg "Build to rent community nears construction completion")
![Volunteers of the Senior Advisory Committee fill a trash bin with documents to be shredded during the committee's sixth annual Shred-A-Thon at Copper Sky Regional Park on April 22, 2024. [Pinal County Attorney's Office]](https://www.inmaricopa.com/wp-content/uploads/2024/05/pcao-042224-shred-a-thon-100x70.jpg "Documents, donations doubled over last year’s Shred-A-Thon")
