What Are MLS Listings?

Looking for a home to buy has never been more enticing. Prices are rock bottom, mortgage rates are low, there is government incentive money for first time home buyers and modern technology can make the whole process a breeze.

Home buyers can easily research their next property by checking out online multiple listing service guides. MLS guides are search engines specifically designed for the real estate industry and it is how most real estate agents list the properties they are selling as well as how they find properties for their home buying clients.

Are There Different MLS Listings?

All MLS listing services are independently owned and operated. They vary not only from state-to-state but even from city to city. For example, some sites only feature properties in Southern California. Northern California properties are listed on their local MLS guide.

Real estate Agent Tim Perry, of Prudential California Realtors, encourages those searching to buy a new home to check out the local MLS in the area. Perry said the MLS is the “most up-to date and accurate property database online.”

It is one of the main tools that real estate agents rely on to conduct their business efficiently so it is updated regularly and in real time. 

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Generally all other real estate listing portals pull their information from the local MLS databases.

If you are interested in finding your dream home before anyone else spots it, you need to rely on your local MLS guide. Anyone who is moderately tech savvy can easily find and navigate their local MLS listing guide. If you want to research available properties in your area simply enter MLS and the town you are interested in researching into the keyword window of your favorite search engine. Once you find your local MLS you can typically enter the site as a guest and start researching your next home.

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GOBankingRates Staff

These articles are written by the in-house GOBankingRates team.

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What Are MLS Listings?
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