If you’re either thinking of selling or buying a home, you’ve probably talked to friends or real estate agents and everyone seems to be saying the same thing. Put your house on MLS! But what exactly is MLS and why the big fuss? No, it’s not Major League Soccer.
MLS stands for Multiple Listing Service. It is a website that is run by the Canadian Real Estate Association and can be found by simply visiting www.mls.ca. MLS.ca is a tool that realtors from around the country and on various real estate boards use to market properties that are for sale. How does this benefit you as a seller or a buyer?
As a seller, your home will be marketed on the largest real estate listings database in Canada and exposed to potential buyers from across the globe. To give you an idea of how many people visit MLS, there were approximately 2.86 million unique visitors in January 2008, according to Comscore stats. MLS.ca is absolutely the best place for buyers to search for a home. Homes can easily be found according to cities and the criteria that is selected during the search. Every property listed on MLS will have vital details on the property for sale, and most provide photos of the home as well. MLS will also let you quickly and easily locate a Realtor.
Once you become familiar with MLS.ca, you’ll note that each property for sale has it’s own code number, known as the MLS Number. This number is useful to keep handy if you’re working with a real estate salesperson. If you want to book appointments on any homes, all you have to do is give the corresponding MLS number to your real estate representative, and they can easily book a time for you to visit the home.
Almost all Realtors will provide you with full MLS access when you list your home. Be sure to ask! MLS is an absolute must-have when you’re selling your home.
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