The MLS system in Denver is a compilation of all of the homes for sale in the Denver area. The listings come from real estate offices all over the Denver including Metro Brokers, Coldwell Banker, Keller Williams, Sotheby’s and more. Contributions are made from the thousands of Denver area real estate agents who work for these local brokers. The MLS system is a huge database of homes for sale. The system also includes past sales history for all homes that have sold in the area. Realtors use this past sales information when preparing a market analysis or price opinion for a client prior to listing their house for sale.
How do I access the Denver MLS?
There are lost of ways to view listings on the MLS. Sites such as Realtor.com or Zillow offer a great search tool for viewing currently listed homes. The best way, however, is to contact a local real estate agent who can set you up on an automatic search so that you will be notified when new homes are listed that match your buying criteria. Think of home shopping as a competition. You are competing to find the perfect home along with hundreds or even thousands of other home buyers in the area. Everyone wants the perfect home and many are racing to new homes as soon as they’re listed for sale. If you wait too long to schedule a showing or don’t see a new listing within a few hours of it hitting the market, you’ll likely be too late for the best properties. Having a Denver Realtor partnering with you in this competition will allow you to view homes the day they are listed.
By partnering with a Denver agent, you can provide him or her with all of your buying criteria such as area, school district, number of bedrooms and bathrooms, size, lot size, amenities, etc. The agent enters this information into their system and you will then be notified immediately when a new home is listed that matches your criteria.
Should I use a Denver REALTOR?
You should absolutely use a realtor! Only realtors have access to the MLS system. It is a requirement of most local realtor boards that you are a member of the National Association of Realtors as well as the local Denver Association of Realtors in order to have access to the Denver MLS. If you are only a “real estate agent” you can still represent buyers and sellers, however, you won’t have access to the MLS. As you can imagine, it would be pretty difficult to be a competitive real estate agent without access to this valuable system.
Reprsenting home sellers in Denver, would also be nearly impossible if you aren’t a Realtor. Again, you wouldn’t have access to the MLS and therefore, you would be limited to marketing your clients house through other means such as yard signs, flyers, postcards, your local real estate agent network, personal website, etc. These are all great supplemental methods to sell a house, however, by far the most effective is listing their house on the MLS. Almost all buyers tell us that they begin their home search online and the most visited real estate websites include those with data feeds connected to the Denver MLS system.
Which Denver Realty Company Should I Use?
There are lots of great realty companies in Denver including Coldwell Banker, Keller Williams, Sotheby’s, RE/MAX, Metro Brokers, etc. Choosing the right real estate agent is more important than the realty company. Each real estate agent is essentially an independent contractor running his/her own busines under the broker. Choosing the right real estate agent will take time. Be sure to select the best agent by reviewing their sales history, experience, number of homes sold, realtor designation, reviews from past clients and more.