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What is the MLS?

What is the MLS

We all know buying a new home can be overwhelming. That’s why makes it easier for you by helping you narrow down what house is best for you based on your needs and wants. But have you ever wondered where gets all its information? Or how when you type in a specific location, hundreds of homes are available at your fingertips? Well, this is because the majority of listings come from a network of multiple listing service (MLS) providers who have the information about these homes.  

How the MLS Started 

Before the internet, in order to share information about properties they were trying to sell real, estate Brokers would have to meet at their offices. In every transaction when buying a home, there’s a Representative helping their client buy a home and a Representative who helps their client sell a home. So, when a Representative was trying to find a house, they would have to go to different real estate offices and meet with different Representatives to see what kind of homes were on the market. Then determine if those homes met the needs and wants of their clients. Brokers would share information and agree to pay other Brokers who helped them sell properties, eventually leading to the MLS’s creation.  

Today’s MLS 

Today, every Broker who joins the MLS agrees to help other Brokers sell their listings, and they do the same. Therefore, the MLS system is special because everyone has to cooperate to complete the transaction. According to the Real Estate Standards Organization, “as of 2020, there are 597 MLSs in the United States,” but the number has likely shrunk since then “due to regional consolidation of MLSs.” Many Brokers that are a part of many marketplaces join multiple MLSs. But only Brokers can be a part of the MLS, while Representatives cannot unless their Broker does so first. 

Greenbrier Real Estate Service and the MLS 

Unless you are a Broker, you cannot list your home on the MLS. However, Greenbrier Real Estate Service can and will ensure that your home is exposed to as many buyers as possible. Once your home is on the MLS, you can rest assured that every Broker in Greenbrier, Lewisburg, White Sulphur Springs, Ronceverte, Alderson, and surrounding area marketplaces will now be able to see your home so we can get it sold as quickly as possible.  

Contact Greenbrier Real Estate Service for all Greenbrier real estate needs.

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