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Maine Real Estate Article

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Real Estate Listing in Multiple Listing Service

from: As we all know, one of the most useful means for buyers, sellers, and brokers is an online hub of real estate listing. This is also known as the Multiple Listing Service (MLS). With a real estate listing, a licensed real estate broker finds a meaningful, convenient, and an effective way of marketing his or her properties. Most often, real estate listing through MLS is considered the most effective way. In addition, a real estate listing in MLS becomes truly helpful for sellers as they will be able to gain the needed exposure to attract potential buyers. However, you may be wondering, what is MLS? How can real estate brokers and their clients benefit through real estate listing?

MLS stands for Multiple Listing Service. It is also referred to as Multiple Listing System or Multiple Listings Service. MLS showcases a bulk of private databases which contain real estate listing. Its use is truly beneficial to real estate brokers as they are able to locate prospective clients for their properties. Brokers who represent their sellers are able to share information with other brokers who are assisting the purchasers of their clients’ property. These databases are under the control of an association of realtors or real estate brokers, and/or agents or group of real estate associations. Collectively, they are called MLS.
MLS is most popular in the United States and Canada, but it is steadily gaining popularity in other countries. Also, MLS is a combination of real estate listings by brokers from members of MLS, National Association of Realtors (NAR) in the US and Canadian Real Estate Association (CREA). MLS is developed to provide a systematic distribution of data, so that when a licensed real estate agent is designated to a potential purchaser, he or she may use the MLS system to gather information on almost all the properties that are for sale, with their locations and prices.
MLS systems are controlled by private companies in North America. Also, the policies and regulations are also provided by these private entities. The MLS system also imposes its rules on membership, access, and sharing of data. However, it is subject to the sanctions laid by the NAR and CREA. On the other hand, an MLS can be owned and run by a real estate firm, a country, trade organization, as well as a realtors’ association. Being a member of the MLS is truly important if an agent wants to operate successfully as a real estate broker. This only goes to show that real estate listing in MLS will allow one to gain a truly substantial income.


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Maine Real Estate News

Home sales in Maine rise 8.7 percent from a year ago - Boston Herald


Home sales in Maine rise 8.7 percent from a year ago
Boston Herald
Last month's median sale price for those homes was up 4.48 percent over April 2011, at $167950, according to Maine Real Estate Information System Inc. "Nine consecutive months of higher (year-over-year) sales volume, plus two consecutive months of ...

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Maine Home Sales Rise 8.71% & Median Home Prices Up 4.48% in April - Bar Harbor Times


Globe and Mail

Maine Home Sales Rise 8.71% & Median Home Prices Up 4.48% in April
Bar Harbor Times
By Legacy Properties Sotheby's International Realty | May 22, 2012 SOUTH PORTLAND (May 22, 2012) – The Maine Association of REALTORS reports healthy gains in sales of single-family existing homes and median sales prices statewide during April 2012.
Home Sales in Maine Rise 8.7% from a Year AgoLoanSafe

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Windham tech company moving to Cumberland - KeepMEcurrent.com


Windham tech company moving to Cumberland
KeepMEcurrent.com
Windham stands to lose the 52 employees at Maine Standards, who have a median salary of around $50000, according to chief operating officer Dean Miller. As part of the deal with Cumberland, the company will receive a property tax break of 50 percent ...

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Washington Real Estate Investment Trust's CEO Hosts 2012 Annual Shareholders ... - Seeking Alpha


Washington Real Estate Investment Trust's CEO Hosts 2012 Annual Shareholders ...
Seeking Alpha
I will call it to order of the Washington Real Estate Investment Trust. I'm Chairman of the Board, John McDaniel, and I'm delighted to have each and every one of you here today. It looks like a great turnout, and that's what we were hoping for.

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Emery-Waterhouse will expand, hire up to 60 employees - Citizens Voice


Emery-Waterhouse will expand, hire up to 60 employees
Citizens Voice
The Portland, Maine-based company serves hardware dealers, lumberyards and home centers throughout the Northeast and Mid-Atlantic regions. It has leased an additional 37329 square feet at 285 CenterPoint Blvd. from Mericle Commercial Real Estate ...

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