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What is the MLS?
Betsey Firkins edited this page 1 day ago
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MLS Info & FAQ's
Residential or commercial property owners can now lower the fees paid when marketing their residential or commercial property through a genuine estate broker by using our MLS program. List your residential or commercial property on the Multiple Listing Service for an upfront charge of $399.95.
By posting your residential or commercial property for sale in the MLS, your listing will feed to the following sites - Realtor.com, Zillow, Redfin, Trulia plus much more! Scroll down listed below for more details & FAQ's about this plan.
MLS FAQ
What is the MLS?
The Multiple Listing Service (MLS) is a regional database that promotes residential or commercial properties for sale to licensed property agents. Each location has an unique MLS that is made use of by local real estate agents and is only accessible to these representatives. Once noted on your local MLS, your residential or commercial property may feed (depending upon location) to a number of nationwide realty sites, such as Realtor.com, Zillow, Trulia, Yahoo and more. The exposure you receive on the MLS is significant! (Thousands of property representatives through your local MLS and millions of prospective buyers through the internet.)
How does the MLS package work?
Once you sign-up for the MLS Package, the listing broker for your area will email you the extra paperwork required by the MLS. Once the types have actually been submitted back to the listing broker, the residential or commercial property is listed and assigned a MLS number. The listing broker will list your residential or commercial property on your regional MLS for 6 months and at that point the service is provided and there are no refunds. Once noted in the MLS, you will be responsible for provings, additional marketing, open houses, settlements, etc. Please click your state on the map for complete information in your location.
Will my contact information be published on the MLS and on Realtor.com, Zillow and other public sites?
Your contact phone will be posted on the real MLS. The seller contact information is not allowed on any public website. By default, the listing broker's name and contact number will appear on your MLS listing in addition to the public realty sites, such as Realtor.com, Zillow, etc. It will be the listing broker's contact info on the public websites. FSBO.com, nor the listing broker, have any control over this or where potential purchaser leads are sent. This is the same no matter which business you list with.
Does the MLS Package consist of any materials?
The MLS Package does NOT consist of any signs or supplies. You can see everything that is consisted of for your location using the map above. Click your State on the map for complete information on what is consisted of.
Yard Signs, Directional Arrows, Brochures, and so on can be purchased independently from the FSBO Store as soon as your MLS order has been sent. *** Please inspect with the listing broker before ordering additional supplies as certain MLS's have guidelines relating to signs and you may not have the ability to utilize a FSBO indication ***
When will my MLS listing post on Realtor.com and the other websites?
In many areas, your MLS listing will feed through to Realtor.com and the other sites within 1-3 business days after being active in the MLS. Realtor.com pulls limited information from the MLS and in some cases takes a few days to pull the picture. The listing representative has no control over the length of time it requires to feed through to Realtor.com. Also, specific residential or commercial property types will not feed through to all of the websites. Please contact the listing broker before submitting the MLS documentation.
Will I have the ability to keep control over my listing on Zillow if I note my residential or commercial property in the MLS?
No, when your residential or commercial property is active in the MLS you will not keep control of your listing on Zillow or any other that pull their data from the MLS. This is out of our control as this is an automatic feed from the MLS. Once your are listed in the MLS you are technically no longer a FSBO so your Zillow listing will go from For Sale By Owner to For Sale (with a listing representative).
Can I cancel my MLS listing early?
Yes, you may cancel your MLS listing at anytime during the 6 month listing period, however the upfront listing fee is not refundable or prorated. Before entering into a written listing contract with a certified property broker, you must inquire about whether there are any additional costs charged for early cancellation. Please note - Once the MLS forms have actually been submitted back to the listing representative, we are unable to provide refunds.
Can I update my existing FSBO.com bundle to the MLS bundle?
Yes, you might upgrade to the MLS bundle. FSBO.com does not keep any credit card details on file. For this reason, you will need to either upgrade online by logging in to your account. Once logged in click "Edit" and after that on "Upgrade my Package". You will be called through e-mail by the listing broker within 24 hours of updating with a couple of additional types that are required by the MLS.
I have bought the MLS bundle, what is the next step to get listed on the MLS?
We have actually referred your details to a licensed real estate broker who will position your residential or commercial property in the MLS. They will call you by means of email within 24 hours to get going on the required MLS types (please make sure to inspect your email and your SPAM folder). Once these forms have been sent back to the listing broker for entry into the MLS we are not able to offer refunds.
Will my MLS listing feed to Zillow & Trulia?
For the most part, yes the residential or commercial property will immediately feed to these two websites. If your MLS does not cooperate with these sites then you will need to by hand include your listing. Unfortunately, we have no control over this. It is free and simply takes a few minutes to do this. Here are the directions ...
Enter your residential or commercial property address on Zillow. Click the link to view your residential or commercial property information. Beside the map click the button beside "More" that has an arrow pointing down. From there you can "Claim This Home" so you can edit the residential or commercial property information and likewise "Post for sale for free".