Reason 27 - Your Real Estate Agent Helps You Save On Marketing Costs via MLS

Don’t you know that you’re able to save about 3% to 4% on transaction and marketing costs if your sales-bound property is featured in a multiple listing service (MLS)? This is an added advantage to your being able to dispose your house or land quickly—better than others.

Through the MLS you can compare your property against the others. From this comparative approach you can create your own package and put in certain features to render your offerings more purchase-attractive. Indeed, through this listing you will another advantage—better than expected. Thousands of realtors and sellers are trading via the MLS. This is the beauty with registering yourself as a member of this facility.

It will be easy for the many members of this group to peruse your property in detailed manner without your spending money on marketing and promotion campaign. Furthermore, MLS-backed realtors are actively monitoring the system and can immediately service an interested buyer. 

Today, it is no longer effective to do the home-selling by yourself, as the market has become too competitive and even too crowded. You have to make yourself visible and accessible to your target buyers. Otherwise, you lose the opportunity to succeed.

The availability of MLS or Multiple Listing Service can give you a peace of mind while you expect good results. Besides, you will be protected from giving uninformed realtors’ commission.

Entering into the MLS system gives you an opportunity to have your property be promoted by several realtors, or real estate brokers. You will gain the opportunity of disposing your property in a shorter period of time possible.

The MLS will automatically notify all brokers in you are that your property is up for sale.  The MLS is a database of homes for sale in the market. It is usually operated by a local association of realtors. In this manner or approach you are assured of legality and the credibility of the realtors involved in the promoting the properties on the listings.

To qualify for the inclusion of your property in the listing, however, you have to be accredited first and registered as member of the particular organization that operates the MLS system. This is also your effective venue to find good realtor agent for your future real estate ventures. The MLS operator usually deals with the commission packages of its member-realtors. 

The MLS system is now widely used around the world, although rules and regulations vary in every country and every location. The importance of registering into the MLS is to ensure effective marketing and distribution of information to the right market about your “for sale” property.

Majority of home buyers today refer to the MLS system. So, you have a very good advantage that your property will attract buyers easily.

Usually, your property will only stay on the listing for a maximum period of six months.

Buy, Sell, Rent, Invest, In Singapore

Mindy Yong 杨雯诗

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mindy@mindyyong.com

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