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Why would a licensed Real Estate agent do one of their listings as Non MLS?
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| Why would a licensed Real Estate agent do one of their listings as Non MLS? I live in MN and have seen this a lot over the last year. They are agents with companies, but then have them as Non MLS. Why wouldn't they want the exposure in MLS? What are the benefits for Non MLS? |
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| Well, I am not sure if this is true everywhere, but many times you have to join your local assocation of realtors to get MLS access. Which means, basically paying a hefty sum of money every year. Some agents don't want to do it. Even if they don't have to become Realtors to get MLS access, they still have to pay for MLS if they want it, maybe they are too cheap. It doesn't really seem like those are the people I would want to work with. If they can't advertise a home on the MLS, then they can't search it either for their buyers. As far as I can tell, the only benefit is not having to pay money. But I just wonder how much they are losing from not using it. |
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| I have noticed that smaller companies, particularly in rural areas, are not part of the MLS because it is too pricey to buy into. And there are monthly fees so these companies may feel they have enough business coming to them that they don't need the power of the MLS. Hope this helps answer your questions! |
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