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Why should I care about the MLS?

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03/24/2015 | Author: Editorial Staff

A friend is encouraging me to use a Texas REALTOR® to sell my property because then the property will be listed in the MLS. What is an MLS?

A multiple listing service (MLS) is a private database of properties listed for sale or lease that REALTORS® can access and contribute to. As MLS participants, REALTORS® use MLSs to share and receive listing information to better serve their clients. Each MLS in Texas generally represents a specified geographic area, and is governed by rules that participants must abide by to ensure accurate, up-to-date information.

Listing your property in an MLS exposes it to a wide audience of real estate professionals and allows you to explain the terms and conditions under which you are marketing the property. In addition, your property will be included in the MLS’s download to websites consumers use to search for real estate listed for sale or lease.

Hiring a Texas REALTOR® gives you a lot more than just access to the MLS. Click here to read about other ways a Texas REALTOR® brings value to your real estate transaction.

Categories: Sellers, Homeowners
Tags: sellers, mls, legal

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Legal disclaimer

The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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