is there a benefit to brokers in having their listings show up in fewer places?
Started by tandare
over 16 years ago
Posts: 459
Member since: Jun 2008
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Searching in Queens where so many brokers don't use MLS - yet many do. It would seem to me that they would be exposing themselves to fewer potential buyers by not listing on MLS. Is there something here they are gaining that I haven't thought of? A few listings are held with the larger brokerages, the rest by neighborhood offices -- of those two groups they do not consistently use or not use MLS. MPC Properties is a big local office in Jackson Heights but they apparently keep their listings off MLS. What benefit is this?
Response by tandare
over 16 years ago
Posts: 459
Member since: Jun 2008
Incidentally mpc does not list on trulia, streeteasy, et cetera. only nytimes and their own website.
Other Queens local places use MLS - like Century 21, Welcome Home, et cetera.
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Response by ab_11218
over 16 years ago
Posts: 2017
Member since: May 2009
this is typical in Brooklyn as well. in brooklyn, there are, i think, 3 MLS systems, so it gets confusing. to be on MLS, you have to have an exclusive and some buyers in Brooklyn and Queens do not want to enter into one. the other reason is pure GREED. they want the whole commission themselves.
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Response by tandare
over 16 years ago
Posts: 459
Member since: Jun 2008
Ab_11218 -- that is hideously annoying. It is taking so much time to just find the listings let alone assess if I would be interested in looking at them in person. What a waste of time. I suspect in one particular broker's case that he also inflates the prices greatly, I could be wrong of course - I think this in part b/c this broker tries to avoid leaving a listing on the Times too long and doesn't list anywhere else where you can find the date the property was first listed.
I'm sure this is a terribly naive question, but really why can't they just all list with one MLS? Would that be so hard?
Incidentally mpc does not list on trulia, streeteasy, et cetera. only nytimes and their own website.
Other Queens local places use MLS - like Century 21, Welcome Home, et cetera.
this is typical in Brooklyn as well. in brooklyn, there are, i think, 3 MLS systems, so it gets confusing. to be on MLS, you have to have an exclusive and some buyers in Brooklyn and Queens do not want to enter into one. the other reason is pure GREED. they want the whole commission themselves.
Ab_11218 -- that is hideously annoying. It is taking so much time to just find the listings let alone assess if I would be interested in looking at them in person. What a waste of time. I suspect in one particular broker's case that he also inflates the prices greatly, I could be wrong of course - I think this in part b/c this broker tries to avoid leaving a listing on the Times too long and doesn't list anywhere else where you can find the date the property was first listed.
I'm sure this is a terribly naive question, but really why can't they just all list with one MLS? Would that be so hard?