What is the MLS (Multiple Listing Service)
North Carolina MLS (Multiple Listing Service)
MLS stands for “Multiple Listing Service” and it is a database which allows sharing of information of all property including land, homes, rental and commercial property between real estate brokers who are members belonging to specific geographical MLS “boards” as well as the National Association of Realtors™ (NAR).
There are over 800 multiple listing services nationwide including 66 local MLS boards operating independently in North Carolina. North Carolina MLS boards are each governed privately by their own membership rules and regulations. All MLS boards however, are governed and subject to the rules of the National Association of Realtors™ (NAR). A multiple listing service can be owned and operated by Real Estate Company, regional or county Real Estate Boards, trade associations or Association of Realtors™. Membership is established by Realtors® and brokers belonging to specific boards, allowing them access to data which is shared between members in the specific geographical area where such membership is established. Many boards share data in another form, (reciprocal data-sharing) as well. Even a properly licensed broker cannot place information into certain MLS boards, unless they join and retain a membership as well as adhering to the rules of each association. It is imperative that sellers listing their home for sale by owner in the triangle area of N.C. do so with a company who will ensure accurate flat fee MLS listings in the proper board.
The purpose of the North Carolina MLS is to allow real estate agents working with North Carolina buyers in the Raleigh-Durham or other North Carolina “Triangle” areas, to retrieve specific information for a buyer based on their criteria such as location, price range, features and listing status. Until the evolution of discounted and North Carolina flat fee MLS listings, sellers in the triangle area of North Carolina could not list their property for sale in any North Carolina MLS, also making it impossible to list for sale by owner on homes.com or realtor.com. Selling your Triangle North Carolina home yourself was possible; however, sharing your information with Realtors® who could bring buyers via the North Carolina MLS was impossible.
Listing your North Carolina FSBO flat fee MLS exposes your property to a wider range of qualified buyers and in essence creates more demand for your property, hence leading to a successful sale. Whether you list flat fee MLS in Raleigh, Durham or anywhere within the Triangle area of N.C., “For Sale by Owner” no longer means that you have to forgo professional marketing. Marketing any home successfully still begins with listing in the MLS. From their, sellers who list flat fee MLS will also have the advantage of exposure via homes.com and realtor.com. Without an MLS listing, sellers cannot obtain listings on these high profile websites who attract millions of web-savvy buyers.
Listing flat fee MLS with ADDvantage™ is for the smart seller who wishes to expose their FSBO to a wide range of marketing, listing tools and other helpful real estate options. With MLS ADDvantage®, if you are successful finding a buyer for your property on your own without the assistance of a real estate agent, then you would pay NO commission; just the MLS ADDvantage® flat fee of $349. It's that simple.
ADDvantage™ Real Estate Network Has Access to These North Carolina MLS and Virginia MLS boards. Raleigh MLS, Durham MLS, Chapel Hill MLS.
Triangle MLS included. Please contact us prior to listing with an unknown company who may not place your property accurately and in your local MLS. Remember not listing your North Carolina home for sale in the MLS will not give you the exposure you need to sell quickly and professionally, listing your home improperly will lend the same poor results.