What is MLS?

With temperatures rising, the real estate market is also heating up here in Yellowknife. The spring is a great time to sell or buy your home. Coldwell Banker Northern Bestsellers leverages many different marketing tools to support sellers and buyers.  One invaluable marketing tool that we use includes MLS®. 

MLS® stands for multiple listing service and it is essentially a central registry or database of property listings across Canada.  MLS® is a cooperative selling system that is used by REALTORS® to match buyers with properties for sale. Most homes sold in Canada are sold via MLS® which are operated by regional or local real estate boards/associations.

MLS® maximizes the exposure of properties for sale and puts it on the radar of every REALTOR® and thousands of potential buyers. We tap into this sophisticated computer data base allowing for properties to be indexed by price, location, type of home, number of bedrooms, amenities and other home features. It makes it much easier for real-estate agents to find properties to show to potential buyers and it also contains detailed information that is important to offer to purchase negotiations.

In Yellowknife, all members of the Yellowknife Real Estate Board can show each other’s listings. A buyer who is interested in looking at any property listed on MLS® can do so through a realtor of their choice.  Any one of our knowledgeable and experienced realtors can show you any property for sale in Yellowknife. At Coldwell Banker, all of our REALTORS® work full-time in real-estate so they are ready to support you 24/7.

Despite changes in the digital landscape, MLS® remains a vital tool connecting buyers and sellers and improving the overall experience.