You’ve decided to sell your home. Congratulations! Now it’s time to list it on the MLS (Multiple Listing Service). The MLS is a service that real estate agents use to list properties for sale. It’s also a great way for buyers to search for homes that meet their specific criteria.
Listing your home on the MLS should be at the top of your to-do list because it:
- Gives you maximum exposure
- Increases your chances of selling
- Saves you money
Let’s dive into each of these benefits a little bit further.
- You’ll get maximum exposure by listing your home on the MLS
The MLS is a database of homes for sale that is designed for use by real estate professionals. However, many homebuyers also browse the MLS listings in order to find a home that meets their needs. This means that by listing your home on the MLS, you are opening up your property to a much wider pool of potential buyers than you would if you only listed it on, say, Zillow or Trulia.
- You have a better chance of selling your home if you list it on the MLS
Since more people will see your listing, you are more likely to find a buyer who is interested in purchasing your home. In addition, buyers who work with agents often prefer to look at properties that are listed on the MLS, as they know that these listings are sure to be accurate and up-to-date
- You can save money by listing your home on the MLS
While you will have to pay a commission to the buyer’s agent if your home is sold through the MLS, this is typically lower than what you would pay if you sold your home without an agent (or with an agent who does not belong to the MLS). In addition, many times the commission that you pay will be offset by any discounts or concessions that the buyer’s agent is able to negotiate on your behalf with the buyer—such as having the buyer pay for some or all of your closing costs.
So there you have it—three great reasons why you should list your home on the MLS! If you have any questions about putting your home on the market, or about anything else related to real estate, please don’t hesitate to give us a call or send us an email—we would be more than happy to help