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Business Development

How to Get Access to the MLS

jonesWhat if there was an easy and cost-efficient way for you to access a multiple listing service database (MLS) – the Holy Grail for real estate investors?

If you would jump on that lucrative opportunity like white on rice, then congratulations!  Your brain is working very well!  And lucky for you, today’s lesson will explain how everybody – including you – can now obtain unlimited access to the MLS’s comprehensive mosaic of real estate data.

Or, perhaps you are wondering, “Who cares about MLS data?”  Perhaps, nobody has ever explained what a valuable resource the MLS can be for your investing business.  If that is the case, then it is my pleasure to inform you of the following three facts.

A Few Facts About the MLS

Fact #1:  The MLS is a suite of services that serves the real estate investing community in several important ways:

  • It enables real estate brokers to establish educated contractual offers of compensation among licensed brokers.
  • It facilitates cooperation among licensed brokers with other broker participants.
  • It accumulates and disseminates information to enable educated property appraisals.
  • It is a facility for the orderly correlation and dissemination of listing information to better serve broker's clients, customers and the public.

Fact #2:  Access to the MLS has historically been limited to licensed realtors, thereby providing licensed realtors with a significant informational advantage over “the little guy”.

Fact #3:  A lucrative loophole has recently emerged in the regulatory landscape, which allows even unlicensed investors to obtain easy and cost-efficient access to all MLS data.  This encouraging development greatly reduces the barriers to entry, which have historically frustrated many real estate investors.

loopholeJP Moses Explains the New MLS Loophole

After retiring his realtor’s license several years ago, Mogul’s own JP Moses has been continuing to enjoy unlimited access to helpful MLS data, which provides him with (i) a larger selection of deal-related data and (ii) better tools for evaluating targeted properties.

Check-out the following video to learn exactly how JP does it…

 

{Mogul Elite: Download a transcript and MP3 of this lesson in the Power Pack tools for this lesson.}

 

Do It To It! Immediate Action Steps

Decide #1 – Decide whether or not you wish to become a licensed realtor

Decide #2 – Decide whether or not you wish for one of your family members to become a licensed realtor.

Decide #3 – Decide whether or not you wish to become an unlicensed realtor’s assistant.

Find a Local Realtor – If you decide that you wish to become an unlicensed realtor’s assistant, then find a local realtor who is willing to build a mutually-beneficial arrangement with you.

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