Benefits of an Effective MLS System

Posted by: Eric Pakulla on October 4th, 2008

We have had a lot of positive changes to our MLS system recently.

We use MRIS (Metropolitan Regional Information System). There have been quite a few additions to our drop down menus. You can now choose short sales and foreclosures in a home search. We have had quite an interest from home buyers that feel they are getting a great value with these type of sales.

MRIS has also added features such as a highlighted banner in the remarks section. Here we can boast the best features of the home, and it will catch the attention of other agents. We also have the capability to relist a home after it has been off the market for at least 90 days and the total days on market starts over at zero.

In the past we had to wait 6 months for a property to be relisted to start with zero days on market. This benefits the seller tremendously if they want to take a few months off and then relist their property. We have a fairly new feature of virtual earth map which gives you the option of a birds eye view or aerial view of the property.

Lastly, we have a huge tool, the Resource Center. This link has the input of community reports which includes climate, altitude, low and high temps, housing, economies, schools, unemployment rate, cost of living index, median income, job growth, sales tax and income tax.

What a great tool to offer potential home buyers when they are looking for this information to help them make one of the most important decisions of their life.

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One Response on “Benefits of an Effective MLS System”

Jessica G

Hi Eric and Gayle - Thanks for the post. I’m curious…Do you think there are any limitations to the MLS in Massachusetts?

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