The Multiple Listing Service, or MLS, is a database of real estate for sale in a specific region. Each listed property has a unique identification number, and property details can be accessed by other real estate agents and by users of real estate websites that search the MLS database. So if you are trying to sell your home, having it listed with an MLS number has significant benefits.
Step 1
Decide whether to list your home with a real estate agent or with a flat-fee MLS company. Listing a home on the MLS requires a paid membership. For-sale-by-owner properties, or FSBOs, are not accepted. Working with an agent will allow your home to be added to the MLS database, though you will have to pay that person a commission on the sale.
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Step 2
Assemble a list of fixed-fee companies in your area if you prefer not to list your home with a real estate agent. These companies will list your home on the MLS for a flat fee, rather than a commission based on the sale price of the house.
Step 3
Compare prices and services. When using a flat-fee service, you may be responsible for showing your house and negotiating with bidders, things that a real estate agent would typically handle. You are also responsible for paying the buyer's agent's commission if your buyer finds you through a real-estate agent. Some companies may have you pay a single fee, while others charge a monthly fee for as long as the house is listed.
Step 4
Contact the company you wish to use and provide them with the necessary information. Take appealing pictures of your home and write a detailed description. After your listing has been created with an assigned number, it will be available to real-estate agents immediately.
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