Hits market: 08/01/16
List Price: $559,000
360 VR Video:
Text Dom for showing information: 916-367-9074.
Hits the Market: 08/01/16
List Price: $324,900
Call or text to see it today.
MLS is a secret, underground society that hoards all the amazing deals on properties and distributes them to people in the know. Just kidding.
MLS stands for Multiple Listing Service and it acts as a hub for all local real estate brokers to share information about their listings to other brokers, agents, appraisers, and the public. The information shared by brokers includes property details and photos, instructions to access the property, the amount of commission the seller is offering to the buyers agent, and any other important details they would like to share.
When an broker retains a new listing, they log in online to the local MLS website and enter the listing’s information to the hub. Other brokers have the ability to log in and see all information entered by other brokers. If you ever wondered where the big dogs such as Zillow, Redfin or Trulia get their information, now you know. These major sites parse the information from the Multiple Listing Service and put their own spin on things by adding relevant details of their own such as neighborhood statistics, rough estimates of the property values, etc.