Comments on: How to Get MLS Access Without a License

By: Leslie

Leslie — Wed, 03 Feb 2010 00:30:05 +0000

Ill watch out for my coffee.. thanks, dont remember giving out MY mLS password letely, sorry!!!

By: bill

bill — Tue, 02 Feb 2010 06:21:27 +0000

Hey Leslie, ive read your replies, but can’t locate where you left your MLS password. Please repost again! Thanks again and free coffee is on the way my friend.

By: Justin

Justin — Mon, 18 Jan 2010 15:58:34 +0000

Ethics and security aside, MLS members pay quite a bit of money for this info. My MLS fees are almost $500 per year plus another 135 per year to lease a Supra Key. I don’t know the admin costs to the MLS, but collecting and maintaining the data isn’t free. If I have to pay for it why should I give it away to anyone? Besides there is very little data on the MLS that’s not available in public records or on some other website

By: Craig the Realtor

Craig the Realtor — Mon, 18 Jan 2010 15:32:58 +0000

Give clients, or investors a ListingBook account instead. All legal and no issues to worry about, but always get a Buyers Agency Agreement before providing access!!!!!!!! This way they can’t abuse you by searching for property and negotiating with the listing agent.
Protect yourself! ALWAYS ask for an Buyers Agent agreement. Sellers sign listing agreements, why don’t buyers sign agency agreements.
Makes total sense!

By: Tom Tarrant

Tom Tarrant — Fri, 01 Jan 2010 22:03:54 +0000

Any serious investor must have MLS. Second hand info through commission based Realtors wont due when your money is on the line. This is an absolute. Great tips here.

By: Shawn

Shawn — Mon, 14 Dec 2009 18:55:40 +0000

Great comments on this article – I am a newbie to the REI tips site and real estate investing. I really like what I have seen so far on this site.

I have been able to develop a really good relationship with the realtor that helped me sell my personal residence and then buy a new house a few years ago. She has a system similar to what Nancy mentioned above, where I have a personalized website that I can set parameters for investment properties (price range, location, etc.) Whenever a new property comes on the MLS that fits my parameters I receive an email. The site also shows if listings are contingent or pending.

My realtor also has sent me a detailed comp report that I use to track closed properties in my area. I can refer back to the report whenever I want and it updates new closed properties so I am not always bugging her for a new list.

So I basically have all the info I need for free and have developed a really good relationship with my realtor. Just something to keep in mind for those trying to get MLS access.

Shawn

By: Hilda

Hilda — Wed, 09 Dec 2009 19:28:46 +0000

Thanks JP I found it very usefull. As investors we need to build good teams and resources so that we can make good buying decisions. or else we are going to be stuck with bad properties and negative cash flow. Realtors and Investors can work together if realtors understood the investing end of the business. there are plenty of homeowners and banks that need our help…we should put our energies there instead.

By: Steve

Steve — Mon, 23 Nov 2009 22:21:49 +0000

LOL OMG!
This has got to be your most controversial post ever JP… And the most sadest…

I love ya man, but this should give you an example of the ego’s influence in most realtors pursona…

I don’t even want to work with them, which is why I’m getting my licence… lol

By: Steph

Steph — Sat, 21 Nov 2009 16:49:12 +0000

I think so.

Hehehehehehehe!!!

Steph´s last blog ..Where I’ve been and what I’ve been up to

By: Bradley

Bradley — Sat, 21 Nov 2009 16:48:21 +0000

Steph,

Does that mean that all the agents who DON’T give out theire MLS passwords just go to regular hell?

HAHAHAHAHAHAHAHAHAHA!

Brad