Everything You Need to Know About MLS in Real Estate
In this episode, we delve into the concept of the Multiple Listing Service (MLS) and its significant role in real estate transactions. Learn how the MLS works, its history, and benefits for both buyers and sellers. Understand how real estate agents and brokers use the MLS to list properties, access critical information, and facilitate successful sales. We'll also explore the differences between public MLS access and the more detailed professional access, as well as some exceptions like for-sale-by-owner homes and pocket listings.
00:00 Introduction to MLS
00:24 Understanding the MLS System
01:27 History of the MLS
02:19 Current State of MLS
02:37 Benefits of Using MLS
03:48 How MLS Works for Buyers and Sellers
04:20 Accessing MLS Listings
05:01 Exceptions to MLS Listings
