Monday, September 26, 2011

MLS Listings

Last week I was driving around the Arrowhead Lakes area and noticed a For Sale By Owner sign up. There was a gentleman working on his yard so I stopped to talk. I explained to him I was an agent and would he mind showing me the property, which he did. After a few minutes of talking I found out the price he was asking (very reasonable) and also that he had listed with a real estate agent the previous year, but he didn’t get much activity. This was rather surprising considering the location of the house and the price he was asking.    
After getting back to the office I ran his address into the MLS and took a look at what the last agent had listed. Unless something had drastically changed in the last year, they had missed listing several important facts about the property. I emailed the listing to the owner of the home and asked him about it. His reply was that he had not seen the MLS print out before and it had several errors in it.
   
Ok, this is not earthshattering news, but when listing your house for sale, always asks for an MLS printout for your review. You know your home better than anyone, and may quickly see any errors or omissions (which could cost you in the long run…)

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