When selling homes, real estate agents utilize an electronic service known as the multiple listing service (MLS). As Investopedia explains, this service acts as a private database of home listings created and organized by a group of cooperating Realtors. Since the MLS provides a large pool of properties for sale, sellers receive increased exposure to their homes, which means utilizing this service is a great way to sell your house, especially in Southeast Florida.

 

Southeast Florida real estate encompasses many high-end, luxury properties in neighborhoods including Palm Beach, Boca Raton, Wellington, and Delray Beach. Radiating breezy temperatures and tropical flavors, Southeast Florida has a laid-back vibe that’ll make you feel like you’re on vacation. Properties in this part of the state tend to be grand and lavish, and maximizing exposure to them is an excellent way of increasing their value.

 

If you’re thinking of selling your Southeast Florida home, here is why listing it for sale on the MLS is a great idea.

 

Without a doubt, increased visibility is the most common reason Realtors list Southeast Florida homes for sale on the MLS. Although each MLS is different from region to region, which means they get varying amounts of traffic, they’re still the first place most real estate agents check when helping their clients find a new home. Because of this, there’s a better chance your house will be seen by more buyers.

 

Furthermore, according to the National Association of Realtors, the vast majority of agents view their local MLS database as the most valuable technology in their business. Behind social media, the MLS is the most popular tool for attracting a higher quality of leads. The more leads you have on your home, the higher the value it will have.

 

Not only will increased visibility bring more value to your home, but it will also save you time during the selling process. It stands to reason that since more buyers will see your house listed, the offers should start coming in sooner. This is particularly useful if you’ve already purchased another house and now have two mortgages you have to pay until your old one sells.

 

Additionally, most buyers check to see how long a home has been sitting on the market. If the house has been on the market beyond the average number of days for other comparable homes, then buyers assume that there is something wrong with the property or listing. Essentially, the longer a house sits on the market, the less valuable it becomes over time in the eyes of buyers. Therefore, utilizing the MLS can help ensure your home sells long before it hits the average amount of days.

 

The MLS data on Southeast Florida homes for sale is both reliable and accurate. This is because the database is a self-regulating institution, according to Rocket Mortgage. The rules for posting are strictly enforced and those who do not follow them are penalized with heavy fines. Since the MLS has compliance departments that respond to reports of policy violations, you can be sure that the information posted to the database is true.

 

This emphasis on reliability is extremely helpful when selling your home. Because Realtors have to be honest about all aspects of a property, buyers get a full picture of the property before even touring it. This saves buyers from any potential surprises that’ll turn them away if they had found out during the tour.

 

This aspect is also helpful for sellers because the MLS helps vet your potential pool of buyers, which means you’re likely to have more reliable and qualified people showing up to tour your property. This helps eliminate dealing with unqualified people who show up to an open house unannounced looking to just score free coffee or pastries. With the MLS, you are more likely to find serious home buyers.

 

One of the hardest aspects of selling a home is determining the right asking price. If the price is too high, it’ll turn away buyers, and if it’s too low, then your profits won’t be as big as they could have been. While you can come up with an accurate listing price in other ways, utilizing the MLS is your best bet for obtaining the correct price.

 

There are currently around 600 multiple listing services in the U.S., according to Bank Rate. Since your local MLS is a database of comparable homes in your area, it’s very easy to analyze other listings and formulate a price for your home. This is made especially easy considering the information on the MLS is incredibly accurate, which means you can trust that the prices of similar houses on the service are correct.

 

Once your house is listed in the MLS database, it is also simultaneously fed to thousands of national and local real estate websites. Although your listing will appear on popular websites such as Zillow and Trulia, it will also appear on harder-to-list sites that require your home to be live on the MLS, which means you cannot simply create an account and list your property on them. This fact ensures your property receives even more visibility in the end.

 

Real estate agents are the only ones that can list Southeast Florida homes for sale on the multiple listing service (MLS). Because of this, it’s crucial to work with an experienced agent to ensure your house is listed in the database. Since the MLS will not only bring more visibility to your property but also save you time in the long run, you want your home listed as soon as possible.

 

If you’re ready to sell your Southeast Florida home and get it listed to the MLS, reach out to trusted local real estate agent and Realtor Darlene Streit today at (561) 531-2727 or e-mail [email protected].