The MLS or Multiple Listing System is a tool used by Real Estate professionals to list real estate or to locate properties. In order to get on the MLS you have only one way – USING A REALTOR or BROKER, but you have MULTIPLE OPTIONS on how you use the Realtor.
If you are looking to sell your home – For Sale by Owner, you do not want the services of the Realtor, just their access to the MLS. Some Realtors offer flat fee MLS only listing options that can start at $99 and go up from there depending on the options you choose.
When you speak to the Realtor, you will want to get specifics on what you are getting for your fee and if there are any hidden fees when the property closes or for changes. You also must be aware; you cannot pay the Realtor directly. The fee for the access to the MLS must go through the BROKER in which they work. The payment needs to be made to or through the broker. We do not recommend cash.
The MLS is a good way to get your property out to the masses, not just on the MLS, but to many 3rd party websites that pull information from the MLS. When the Realtor lists your home on the MLS, you will also want to make sure your contact information is being used. YOU WILL SEE THE REALTOR AND BROKER INFORMATION ON THE LISTING EVEN WITH THE FLAT FEE FOR SALE BY OWNER. You see this information, because the Realtor or Broker is still listing the property since it is the only way to get on MLS.
Part of the MLS is SHOWING TIME. This program is the scheduling system for Realtors to set up to show your property. The contact for this should also be your information.
If you have a question about buying or selling your home, please reach out to Joseph Walter Realty at 248-294-7849 or via email at firstname.lastname@example.org
Scott Fader and Gary Brincat
Joseph Walter Realty
Joseph Walter Realty is a veteran owned company located in Michigan. Scott Fader and Gary Brincat are two of Michigan’s multi-million-dollar top producers. They have been working in real estate as brokers, Realtors, investors, property managers and real estate company owners for over 20 years. Together they would like to share their experiences, knowledge, success and failures to help buyers, sellers, Realtors, brokers and anyone else in the real estate and business, so that together we can grow as a community.