Raleigh Real Estate – MLS NC

Raleigh Real Estate — Wed, 20 Jan 2010 05:33:56 +0000

There aren’t too many people who haven’t heard of a Multiple Listing Service (MLS). The most sought after function of the MLS is searching homes listed for sale. However, I’d bet most folks aren’t exactly sure how the MLS works or what other functions the MLS serves. In a nut shell the MLS is a suite of services that (1) enables brokers to establish contractual offers of compensation (among brokers); (2) facilitates cooperation with other broker participants; (3) accumulates and disseminates information to enable appraisals; (4) is a facility for the orderly correlation and dissemination of listing information to better serve broker’s clients, customers and the public. A multiple listing service’s database and software is used by real estate brokers representing sellers under a listing contract to widely share information about properties with other brokers who may represent potential buyers or wish to cooperate with a seller’s broker in finding a buyer for the property or asset.
A question people often have is regarding what areas are contained in a specific MLS system. Is there a North Carolina MLS (an MLS NC)? Actually there are several MLS systems in NC. Raleigh homes for sale are listed in the Triangle MLS. The Triangle MLS contains listings for several counties (the major ones being Durham, Orange & Wake).
Before the MLS was computerized it was held in several yellow pages sized books. These books were regularly updated but widely invisible to the public. The MLS as we know it today facilities immediate dissemination of real estate sales information. It is not unheard of for a home to sell within hours of a real estate sales agent entering the information into the computer. If you like to search for Raleigh NC listings just click here.

Triangle Real Estate & Homes For Sale | North Carolina » MLS NC

Raleigh Real Estate – MLS NC