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WHAT IS THE MLS?

The Multiple Listing Service (MLS) is a collection of real estate data from property listings in the greater Shreveport/Bossier City/Alexandria area. This computerized list of data is available to licensed Brokers and Realtors who are MLS members. It is also available in short form to registered users of Internet Data Exchange (IDX).

The consolidation of real estate data in a secured location provides an excellent customer service tool, whether you are using Conventional, VA or FHA type financing. This quick market education is more accurate and up to the minute than if one conducted a "Google Search" for Adwords and is like gold in your pocket. Email us at david@davidrealty.com for your free copy of a customized list in print, email or fax form.

To access this information at DavidRealty.com under "Buyers" on our home page menu, click on "Find A Home". You can also access this on the "Quick Home Search" feature listed separately on our home page.

The MLS is owned by the Northwest Louisiana Association of Realtors. The database covers sales from 1996 to the present. It is updated in real time throughout each day. Only Realtor members can input data into this system. It is a wonderful tool for buyers and sellers to market property.

Listings are classified as:

ACTIVE - Property currently for sale.
CONTINGENT - Contract accepted subject to sale of another house.

PENDING - Contract accepted by all parties.
SOLD - Closed transaction.

EXPIRED - Listing period ended. Property no longer for sale.
WITHDRAWN - Seller has removed property from the market.

Realtor members of the MLS may search this database by price, square feet, area, features, and year built. It's a great match service for buyer and seller real estate information. Our current service covers Bienville, Bossier, Caddo, Claiborne, Desoto, Red River and central Louisiana.

This MLS database covers approximately 85% of all property for sale. It does not include the For Sale By Owner properties or properties listed by non-member Brokers. Realtor Broker members adhere to a strict ethical and legal standard of full disclosure and fair dealing and arbitrate all conflicts internally.

It pays for a buyer or seller of property to use a REALTOR® member of the MLS. They will save valuable time, have current and reliable data on which to make decisions and always get the best price possible.

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THE MLS....ANOTHER SOLID REASON TO USE DAVID REALTY!

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