Few Changes To The MLS System
The MLS (Multiple Listing Service) System has been in place since the end of the 1800s. The CREA (Canadian Real Estate Association) and the NAR (National Association of Realtors) were the original founders of the MLS System, and to this day only their members can make use of it. When one broker is given the opportunity to sell a property, he then notifies other realtors who are part of the MLS System to market the house as well.
In return, the other brokers help the lister sell the home by giving it more publicity, and get a commission for their work. The changes to marketing and advertising has created somewhat of a disagreement between the NAR and the CREA. There has been much discussion as to how efficient the MLS System really is in the real estate market.
The internet is now a valuable tool to home sellers and property buyers. The internet allows the seller to list their real estate and have it seen by buyers who are looking for real estate at no extra cost to them but there are still a lot of purchasers who might be searching for homes in Mississauga and go to search engines and search the termMississauga MLS listings. Read more…
Categories: Real Estate News Tags: mls system changes
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