Wednesday, September 11, 2024 / by Vanessa Saunders
Why Isn’t This Property on the MLS? Understanding Non-MLS Listings and Their Risks
Why Isn’t This Property on the MLS? Understanding Non-MLS Listings and Their Risks
In today’s digital world, browsing for homes online has become second nature. Whether you’re a buyer, renter, or curious homeowner, platforms like Zillow, Realtor.com, and others offer easy access to property listings. But have you ever come across a listing on one of these platforms and wondered why it isn’t on the Multiple Listing Service (MLS)? This can happen more often than you think, and while it’s perfectly legal, it raises some important questions about transparency, accuracy, and consumer protection.
Let’s explore why some properties aren’t on the MLS, the issues this can cause, and how you can navigate these situations confidently.
Why Aren’t Some Properties Listed on the MLS?
For Sale By Owner (FSBO): Many homeowners choose to sell their homes without hiring a real estate agent, often to save on commission fees. Instead of listing on the . ...
In today’s digital world, browsing for homes online has become second nature. Whether you’re a buyer, renter, or curious homeowner, platforms like Zillow, Realtor.com, and others offer easy access to property listings. But have you ever come across a listing on one of these platforms and wondered why it isn’t on the Multiple Listing Service (MLS)? This can happen more often than you think, and while it’s perfectly legal, it raises some important questions about transparency, accuracy, and consumer protection.
Let’s explore why some properties aren’t on the MLS, the issues this can cause, and how you can navigate these situations confidently.
Why Aren’t Some Properties Listed on the MLS?
For Sale By Owner (FSBO): Many homeowners choose to sell their homes without hiring a real estate agent, often to save on commission fees. Instead of listing on the . ...