» MLS Real Estate Listings Available to Everyone Now! » Posted by Realestator      

Buyers and Sellers alike are one step closer to having access to all MLS Real Estate Listings.

More than 800 MLS’ (Multiple Listing Services) nationwide will be instructed to open their database to all Real Estate Brokers, traditional and online. For years, many Internet based brokers have accused the National Association of Realtors (NAR) of unfair competition by locking them out of the database.

More home buyers use the Internet for their searches than for sale signs. By allowing all buyers to see all listings, true competition between real estate brokers can take place. Online brokers have been offering fee for service type commission models for years to their seller clients, however, because they could not expose those homes to the entire buyer market, they were placed at a disadvantage.

Now, sellers can save money by ensuring their property reaches the broadest market possible, and buyers will have more choices presented to them, whether they use a traditional or internet broker.

While the Justice Department Tuesday has ordered this new industry policy, the tentative settlement still requires court approval.

Having access to all MLS Real Estate Listings will change the face of home buying and selling completely, and the more choices we investors have, the better.

For more real estate investing information, visit the realestator’s website at www.real-estate-investing-support.com

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» Posted in Real Estate News on May 29, 2008.

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