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jg714

What are the advantages of using the MLS?

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Hello,

 

I like to put my houses on the MLS when I have enough equity to do so. I would recomend finding a good broker to work with. I have been able to establish a relationship where I only pay 2.49% buyers side commission when a sale comes off the MLS. Dealing with a broker is better then a realtor. A realtor will need to run their deals through a broker who is going to take a % of the transaction. When dealing directly with a broker you eliminate a person in the chain. I toss my broker a few bucks at the end to keep him motivated. It's always nice to look at the competition as well to see the price / condition you are going to be competing with. I use this same broker if I do buy something on the MLS myself. Therefore the broker does make money from me in the long run.

 

-Steve

 

http://www.thegreatbigopportunity.com

free real estate tools website

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Another advantage to the mls is finding listings that have expired. Sellers at this point are tired of using agents and just want out. These make great prospects after you explain there is no commission fee they are willing to lower their price generously.

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