In real estate, MLS stands for Multiple Listing Service. When a Realtor lists your house it goes on the MLS and from there it gets fed to real estate portal sites on the internet. Zillow and Realtor dot com and Homes dot com are the largest real estate portals. The listings also get fed to real estate company websites like Edina Realty,
The MLS, NorthstarMLS in our region is the source of homes for sale. Without the service, we wouldn’t know about homes that are for sale. Kind of like in my neighborhood where many homes are sold by word of mouth.
There are people who know people, some have lived in the area since the 1970’s and now their children are adults and they carry on the tradition of helping friends find homes for sale.
The downside for home buyers is that they need to know someone if they want a shot at some of the best housing in the area.
Using the MLS is a great way to promote fair housing. We don’t have to know anyone to find homes for sale on the internet.
