The Multiple Listing Service, also known as the MLS, is frequently used in the real estate market, including the Crested Butte area. It offers a variety of benefits to both sellers and buyers, but most people don’t understand how beneficial it is or why they should use it. While using an agent is helpful, some Multiple Listing Services are available online for anyone to see.
A Little History
Before the Multiple Listing Service was used, each company had an inventory of properties that were for sale. They were considered exclusive to that company, and other businesses and individuals weren’t allowed to see, sell or show them without permission. Therefore, each real estate company had to find their own listings and sell them and wouldn’t have access to others.
The Crested Butte area is full of properties available for sale and buyers can use the MLS to find a wide variety of options from multiple companies. Before, when you decided to buy a house or other property, you had to work with multiple companies to find all the options available. With this system, you can choose one agent, and they can find you hundreds of options, depending on what’s available and the area.
You get to develop a close working relationship with one agent and depend on them for all your property-finding and selling needs.
Sellers can also benefit from the Crested Butte real estate MLS. Before the system, one agent or company wouldn’t give any access to homes and properties in their care, making it hard for buyers to find the sellers. With the Multiple Listing Service, companies must share their listings with everyone. Sellers have a wider exposure range because more potential buyers can see their listing and anyone can show it for the seller.