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Will Buyers Listing Service Eliminate REALTORS Like Travelocity Eliminated TRAVEL COMPANIES?
read more 's an excellent question to be asking in modern times with technology making our lives more empowered and efficient. Back when travel agents existed, they had a monopoly on the procedure of finding hotels, booking airline tickets, car rentals, etc. This monopoly existed because they had technology the consumer did not have and thus added value to the process of booking travel.

Along comes Travelocity which provided the same technology travel companies had to consumers and the bye bye travel agent. Pick any shopping experience (travel, property, etc.) and the buyer will think they are able to execute a better job than the professionals (travel companies, real estate agents, etc.) This is the reason such website s as Travelocity.com, Realtor.com, Zillow.com, etc are so popular.

In real estate, there's one technology the Realtors want to hold on to its monopoly status which is the Multiple Listing Service, that is a database of homes listed for sale. Perhaps a far more appropriately name would be a Sellers Listing Service (SLS). The MLS is bound by only showing those homes for sale that the owners have hired an agent to input their home to their database. To generalize the country, the inventory in the MLS is only about 5% of the total inventory in any given neighborhood. So this MLS technology is actually limiting the home shopper to an extremely small collection of homes in any given neighborhood.

Up until now, a home buyer was limited to what their Realtors may find in the MLS on the market, or what the consumer may find by searching on Zillow.com, Realtor.com, etc. A Buyers Listing Service (BLS) enables the house buyer to let everyone in a nearby know what kind of home they would like to purchase. Whenever a home buyer (or perhaps a Realtor acting on their behalf), selects a neighborhood and post their wish list in a house they want to buy, both home owners and realtors representing sellers will see this buyers listing and contact them should they want to sell them their home. Access more info Listing Service makes finding a home to buy just got easier. Buyers Listing Services are free to the consumer just like Travelocity.com is free to use.

So will this lead to the extinction of realtors? Most likely not, real estate agents still add value to the house buying process even if the consumer finds the house by themselves. Once a house buyer connects with the seller of a matching home an agent can still add value to the process in ensuring all proper disclosures, inspections, title transfer, escrow funding, etc. is completed correctly. Those are steps neither the sellers listing services or the buyers listing service should be able to provide.

The BestBLS.com covers over 130,000 neighborhoods in every 50 states and the District of Columbia, is Absolve to use by consumers and realtors functioning on behalf of home buyers and home sellers. Your dream home exists, require it. Click Best Buyers Listing Service
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