The Lynchburg MLS is the Multiple Listing Service in Lynchburg VA. The main MLS is operated by the Lynchburg Association of Realtors. The Lynchburg Association of Realtors, chartered in 1913, is a trade association for real estate professionals who serve the City of Lynchburg, the town of Bedford, and the surrounding counties of Amherst, Appomattox, Bedford, and Campbell. The term Realtors is a registered collective membership mark which may be used only by real estate professionals who are members of the National Association of Realtors and subscribe to its strict Code of Ethics.
The Mission of the Lynchburg Association of Realtors is to enhance member career success by providing education and necessary services; promoting communication, cooperation and member involvement; maintaining high ethical standards; and monitoring legislation and regulation to protect and preserve private property rights and the real estate industry.
The MLS is a database – an extremely convenient way to know what properties are for sale at any given moment. This makes it very useful to real estate agents and brokers.
Basically, the MLS is like a huge property warehouse. When a property is available for sale, it enters the warehouse. When it is sold, it leaves the warehouse.
The MLS only contains information since real estate cannot actually be stored in a warehouse. This information comes from the various brokers that exist in the scope of an MLS.
Why the MLS works for home buyers
First of all MLS is very convenient. Buyers can browse through the available properties listed on an MLS.
Using the MLS also does not cost anything. It is a free service that is sponsored by the Realtors advertising their available properties.
On the MLS, a buyer is not limited to choosing among a few available properties. Usually, the MLS makes available many available properties that are for sale.
In the olden days, when information was limited, a buyer would only be able to visit a few homes per day. He or she would also need to communicate with the agent for details and such.
With MLS, the buyer can start browsing from the comfort of his or her home. Details regarding the property are also listed there.
Aside from the written details, MLS usually provides pictures of the property. Other advanced MLS implementations even have other surveying tools that help buyers come to decisions regarding their desired property.
Fitting the Bill
MLS also helps the buyer by narrowing down choices to those that fit the buyer’s desires. The buyer supplies information on his or her desired property to the MLS site. This information includes desired area, size of property, age, location, and others. The buyer is then given a set of houses that fit that description.
MLS also makes it easier for the buyer to contact the realtor. Details the realtor are listed along with the property to allow straightforward communication between buyer and realtor.
It may be hard to believe but the real estate industry has benefited a lot from MLS. MLS is the next step in real estate evolution. It is relatively safe and is very convenient. As the MLS grows in popularity, more and more realtors avail of its listings. For the buyer, this can only mean good things more choices, better decisions.