The Multiple Listing Service

The Multiple Listing Service (MLS) "what it is and how it works putting buyers and sellers together"
	< back THE MULTIPLE LISTING SERVICE (MLS) by: Jeff Nolan - REALTORŽ A Multiple Listing Service is a co-operative system for collecting and organizing information on available properties for sale in a given area. Such information is shared by it’s members who agree to cooperate with each other and to abide by certain operating procedures and bylaws. This service enables buyers to have a vast selection of homes to consider from one source, while sellers benefit from having their property exposed to a large network of real estate professionals and their clients. Most brokers in the Lakeland - Winter Haven area are members of the Mid-Florida Regional Multiple Listing Service (MFRMLS), a large coop consisting of seven local REALTORŽ Associations throughout central Florida. More that 1,870 companies with approximately 8,219 licensed sales professionals currently belong to this independent members only association. Participating members agree to input all their listings, share data and offer a "co-broke" compensation fee to other affiliates who produce a buyer and close a sale. In addition to its primary function of maintaining a comprehensive database on thousands of properties (currently available in an electronic format), MFRMLS provides various legal forms, publications, reports, training and other services for its REALTORŽ members. The "multiple" also maintains an electronic keybox system, which allows easy access to listings by authorized agents. Other benefits include an array of computerized services to assist with property searches, financial analysis, communications between offices, sales history data and access to data on property taxes and other information. Additionally, MLS listed properties today are automatically added to the nationwide www.Realtor.com website allowing the public at large to search for and review basic information on the homes for sale within the local MLS coop of participating brokers. This benefits both home sellers and home buyers as it’s estimated that currently over 70% of today’s home buyers seek real estate information on the internet before purchasing a home. While there are thousands of "homes for sale" websites, Realtor.com is by far the most widely known and visited real estate "portal" site on the internet today. The true power of the MLS is it’s ability to "match" buyer needs with available properties for sale. It works! In fact, it works so well... that over 90% of all homes for sale that sell were listed in the MLS system. Now with CDC Properties new IDX (Internet Data Display) page you can search the MLS yourself without having to talk to an agent first! We are proud to bring you this new technology and hassle-free home finding solution. Our information here is guaranteed to be even more current than what's found on the Realtor.com website plus most listings here WILL include the homes addresses as well for your convenience. When your searching... Should you find properties that you would like to inspect in person, a CDC Properties associate is ready to help set up the appointments and provide "Personal and Caring Service". While we may not be the "listing company" on the home you find, we CAN help you to purchase it and assist you throughout the transaction process all the way... to move-in day! Make the right move...
Research and objectivity are only part of the homes picture. Need help figuring-out the rest? Just e-mail me, Jeffrey Nolan, at: Jnolan@lakeland.net. We'll do our best to help! Jeff Nolan Shirley Lott CDC Properties - Lakeland "Nolan / Lott - Team"
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