Home Buyers Avenue

Features Baguio City Real Estate, from House and Lots, Condominiums, Investment Properties and everything about Baguio City.

Baguio City

Home of the famous Panagbenga or Baguio Flower Festival which is held annually and attracts thousands of spectators both local and international.

Jewel of the Highlands

Baguio City is home to many immigrants. A significant population of foreigners also contributed to the diversity of the city's colorful culture.

Summer Capital of the Philippines

Baguio City is at an altitude of approximately 1,500 metres (4,900 ft) above sea level in the Luzon tropical pine forests and is famous for its cold climate.

Contact Us

We will help you find a property investment that suits your preferences, needs and budget. Call Us @ +63917-8125791 or E-mail Us @ info@buyphilippinehomes.com

Wednesday, August 31, 2011

Multiple Listing Service

What is MLS?


Multiple Listing Service is a service provided for International REALTOR® Members .

  • a facility for the orderly correlation and dissemination of listing information so participants may better serve their clients and customers and the public
  • a means by which authorized participants make blanket unilateral offers of compensation to other participants or
  • a means of enhancing cooperation among participants
  • a means by which information is accumulated and disseminated to enable authorized participants to prepare appraisals, analysis, and other valuations of real property for bonafide clients and customers
  • a means by which participants engaging in real estate appraisal contribute to common databases

The most basic element of an MLS is that it is a compilation of the currently listed properties for sale or lease in an area. This information can be compiled in hard copy publication or more often today in a computerize and often web-based system.

MLS is more than just a list of properties for sale. There are numerous publications or websites where you can go to find properties for sale, and those aren’t MLS. They’re missing a key element to what makes an MLS unique and that is a unilateral offer of compensation from the listing broker to cooperating brokers who find the buyer. In an MLS, listing brokers agree to pay cooperating brokers a percentage of the sales price or a flat Peso amount if they find the buyer for a property they have listed.

MLS – simply put – is the exchange of property information for sale or lease and offers of compensation that lead to cooperative sales and lease transactions.

MISSION

To empower, support and educate our International REALTOR Members to achieve their goals by providing cutting edge resources that improve and enhance their Real Estate Business to the next level.

VISION

By embracing the acceleration of Information technology change, we lift the professional standards that fosters an environment that guarantees integrity and enlightenment and keeps our International REALTOR Members in the forefront of real estate as the premier source of accurate real estate data.