What's Hot: 3.2% to 7.19%: The Path of Interest Rates in the Last 2 Years | HPO Recommends Approval For Office-to-Residential Conversion in Dupont
Study Shows Homes Marketed Through the MLS Sell for 16.98% More
Bright’s On/Off MLS Study reveals that the median price for homes promoted through the multiple listing service (MLS) was nearly 17% higher than homes sold off-MLS.
What does the power of the Multiple Listing Service mean for consumers? Bright MLS has always known the power of the MLS network, and past studies have shown that homes shared cooperatively on the MLS sell for more. Bright’s footprint covers three major Metropolitan Statistical Areas (MSAs), providing the data to support a comprehensive study to examine home sales results.
A diverse team of experts assembled and analyzed data from across the coverage footprint compared sale prices for homes promoted through the MLS with comparable homes sold off the MLS.
The findings are clear: homes promoted through the MLS sell faster and for more money. Information is the lifeblood of a market, and at Bright MLS, our purpose is to share information that empowers buyers and sellers.
Cooperation amongst the brokers and agents who are Bright MLS subscribers is one of the pillars of our organization, and we strive to ensure an open, clear, and competitive housing market for all. The valuable findings in this report conclusively demonstrate the power of this cooperation and the benefits of an efficient and accessible market.
See other articles related to: bright mls
This article originally published at https://dc.urbanturf.com/articles/blog/study-shows-that-homes-marketed-through-the-mls-sell-for-1698-more/18555.
Most Popular... This Week • Last 30 Days • Ever

The change would allow for an 80-acre portion of DC's 272-acre Armed Forces Retiremen... read »

The listing will hit the market on Wednesday, according to the Washington Business Jo... read »

Here are some precautions to take before buying real estate with a buddy.... read »

The concept for the residential conversion of a prominently sited building in Dupont ... read »

About a month ago, UrbanTurf examined how condo and co-op prices were driving home pr... read »
- 3,000 Units, 20 Acres of Open Space: Zoning Change Looks to Pave Way For DC's Biggest Development
- Inside Bradley Beal's $10 Million Bethesda Home
- Buying with Friends: What You Should Know
- HPO Recommends Approval For 157-Unit Office-to-Residential Conversion Proposed in Dupont Circle
- More Down Than Up: A Look at Detached Home Prices Around DC
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro