The Multiple Listing Service® System – It Works
for Sellers & Buyers
What's the surest way to sell your property quickly and to command the best possible price?
The answer most real estate professionals would respond is to list it on the Multiple Listing Service® (MLS®) System of the Association of Regina REALTORS® Inc (ARR).
The MLS® System is a co-operative selling System operated and promoted by the ARR in the Regina area. Under this System, members of the ARR co-operate to list and sell properties with other members of the ARR subject to certain standards of quality and service to better serve consumers. The System involves a member who has listed a property offering a portion of the selling commission to all other cooperating brokerages which bring an accepted offer to the seller.
Listing a property on the MLS® System immediately places information about the property in the Association's MLS® computer database. This database is updated each working day and is searched daily several hundred times by member REALTORS® representing buyers looking for a property.
Only members of the Association of Regina REALTORS® Inc. may list a property on the Regina MLS® System database. The database typically contains 1,000 plus residential, commercial, agricultural and resort property listings for sale in Regina and area.
Information on newly listed properties not only appears in the Association's on line computer System -- it is highlighted as a new listing in the Association's bulletin which is distributed each working day to all REALTORS® and is placed on the Internet at Canada's most popular real estate website at www.REALTOR.ca.
REALTORS® work with an extensive network of buyers looking for properties in the Regina area. These may include buyers looking to purchase their first home, existing homeowners moving up, buyers who are relocating to the Regina area, or commercial investors.
When someone has made the decision to buy a property, the ARR's MLS® System database offers the most comprehensive database of properties for sale on the market. Important information such as location, property features, asking price and photographs is readily available to REALTORS® and buyers to assist with their property search and buying decision.
The database also contains a record of thousands of property sales, which assists REALTORS® in establishing the listing price or an offering price for buyers.
The national MLS® System website at www.REALTOR.ca has become one of the first places many buyers now begin to look for a property. Statistics have shown that Regina properties rank near the top nationally of listings downloaded by consumers from the website providing unprecedented local, national and international exposure for sellers.
Each year approximately 3,500 properties exchange hands through the ARR's MLS® System representing the vast majority of property transactions in the Regina and area market. The Multiple Listing Service® System has been operated by the Association of Regina REALTORS® Inc. for over fifty years.
Whether listing or buying a property, the ARR's Multiple Listing Service® System offers the best means of bringing sellers and buyers together.
Any questions about the MLS® System? Contact any REALTOR® or the Association of Regina REALTORS® Inc. at 306-791-2705 or e-mail at
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