What is MLS real estate and what advantages does it have in 2021

Among real estate market professionals, it can also be shown that unity is strength: let's analyze the real estate MLS, and understand how it works (and what advantages it presents) this cooperative system that puts available properties and potential clients in common.

What is real estate MLS

The acronym MLS stands for Multiple Listing Service, and refers to the common Spanish real estate portfolio, composed of a series of exclusive properties within a collaborative system formed by the real estate professionals attached to it. The MLS is a registered trademark that has more than 700 offices and thousands of professionals registered in Spanish territory since 2002: all of them have common tools for managing the group's properties. In this way, the boundaries between collaborators are blurred: each real estate professional has at their disposal the entire portfolio of properties, being able to offer them to any of the clients of the rest of the members.

How the real estate MLS works

The idea of MLS is sharing properties exclusively available in a common pool for members, who can access them to offer them to their clients: it is based on agreements between groups of companies that allow a joint management of the real estate sale. Like all agreements, MLS is subject to a series of rules

• The properties integrated into the MLS real estate retain the same prices and sales conditions, regardless of the partner or collaborating office that makes the offer.
• The fees for each operation that is closed are split 50% between the agent who provides the client and the one who provides the property.
• The operation is centralized in the MLS web services, computer tools adapted to all businesses so that each agency works autonomously by having centralized information on the properties managed.

What are its advantages

Sum of efforts

The efforts of real estate agents are combined: the properties of the entire network of collaborators are offered, not just their own, and the client portfolio is also shared, so that whoever offers the property will have a greater chance of getting a client, and vice versa.

Standardization of the working method

The client relates to the group, not to the collaborator who owns the property or to the one who has captured it: in this way, greater professionalism is given to the transaction.

Individual growth

MLS real estate members can access events, courses and forums to expand their business possibilities: collective success has an impact on individual success. The most popular training programs are:

• AEV Cycle - Sales Specialist Agents. With this training you will become an expert in capturing.
• AEC Cycle - Buyer Specialist Agents. You will become an expert in buyers to achieve success.
• MTM Management Team. Career plan for agents.
• ROM MLS Regulations and Operations.

Collective support

Raixer, are a very useful innovation for the real estate sector, given the advantages in security and convenience provided by the service. By installing a lock of this type, you can connect your door and intercom to the internet, and open the automatic door opener and the front door with your mobile phone.‍

💌 Did you like this post?

‍Subscribe to the newsletter and receive tips like this in your inbox.