Is the multiple listing service irrelevant?
This is a question that more and more real estate agents and brokers are asking more and more frequently these days. But, it's really not a new issue.
In this episode of the Ken Jones Real Estate Show, I discuss the question of whether or not the Multiple Listing System (MLS) is Irrelevant. I explains the purpose of the MLS and how it's become an expensive and highly regulated entity.
I also discuss the extremely high cost of joining and maintaining membership(s) in an MLS and contrasts that to the use of free consumer websites, such as Zillow.
Data Sources Discussed:
Zillow/Trulia Website Statistics
Realtor.com Website Traffic Statistics
FEMA Flood Maps (Free)
New Jersey Association of County Tax Boards (Free)
Maricopa County Assessor's Website (Free)
I hope you enjoyed this episode, and I hope you come back and listen to more real estate issues.
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