The Multiple Listing Service® is a great place to start your home search, but technology certainly has its limitations. Here are four things that the MLS® won’t tell you – but your real estate salesperson can.
Available properties. Your sales representative can show you properties that yo wont’ find on the MLS®, either because the limited capabilities of search engines or wrongly entered data are hiding them from your search results; they’re not even up on the MLS® yet, or because they’re being sold by the owner and wen’t be listed on the MLS® at all.
Listing history. Real estate salespeople have access to parts of the MLS® the general public can’t see. Has that home you’re looking at been taken off the market then put back on again? Has its price been reduced? For the answers, ask your sales representative for a copy of the full listing, detailing all the info available to them through the MLS®.
Value. the MLS® will tell you a property’s asking price, but it won’t tell you whether that price is fair. To find that our, as your sales representative about another acronym CMA. Using data not available to the public via the MLS® – specifically selling prices – your salesperson will do a Comparative Market Analysis on any home(s) you’re interested in.
Liveability . Factors like noise, environmental concerns, crime, congestion, and commercial development arguably have more impact on the liveability of a property than the square footage or number of bedrooms. But where the MLS® keeps mum on the former details, a local real estate salesperson can tell you about everything from a home’s history to how the surrounding neighborhood is changing.