THE HOME BUYERS, Inc.

GUARANTEEING ADVICE TRADITIONAL REALTORS CAN'T PROVIDE.

What you must know before using web-based MLS systems

Or "Why isn't the home I am looking for on this website?"

"If I see a home on this website it may already be sold?"

Important: MLS rules require that data on all web-based MLS systems be updated less frequently than the true Realtor only accessed MLS systems. As a result, searches on web based MLS systems tend to show many properties for sale that are already sold. Also, EVERY web based MLS systems will not show the newest properties on the market that are available to The Home Buyers. The Home Buyers has the freshest data at its client's disposal through their access to the Realtor only accessed MLS system and their large network of Realtor contacts at many Twin Cities real estate companies. Therefore, for the most up to date information, we recommend you contact The Home Buyers at 952-920-2999 or toll free 800-747-0122 extension 17.

The data on ALL web based MLS listing systems, including the data at THBuyers.com are updated at a slower pace then the Realtor only accessed MLS systems. MLS rules require this delay, so it applies to every Minnesota real estate companies site and affiliate sites like Realtor.com, Startribune.com, PioneerPlanet.com, Cyberhomes.com, and HomeAdvisor.com that may display Minnesota MLS information. The data delay also effects email listing delivery services, such as the "Homing Device" or "Property Finder."

Estimates of the data delay vary, but most suggest that the data is delayed 4-8 days compared to the Realtor only accessed MLS systems. Our clients who use these websites generally report that our team tells them about new listings 4-8 days before they see an entry in any web based MLS listing system or email listing delivery service. That's because the Realtor only MLS system is a real time system that means a home shows up immediately once it is listed. The Home Buyers often shows homes to its clients that were listed only a couple of hours earlier, before a yard sign is posted or any advertisements are run for the new home listing.

Most importantly, using The Home Buyers keeps you from having to deal directly with the listing agent, where you would pay more for a property. Study after study has confirmed that buyers who go without Buyer Only Realtor representation pay more, in both buyer and seller dominated markets. The Home Buyers keeps its clients from getting caught up in a market frenzy. At the same time, many clients have benefited from our numerous low cost, proven tactics to get a home over other bidders who may have bid more.

If you are using web based MLS systems to search for homes, do not be surprised if you:

• See many listings that turn out to be already sold (sold homes can take up to 2 weeks to update in web based MLS systems)
• Do not see the newest listings on the market until they are already sold, and
• Do not see other opportunities, such as for sale by owner homes that may be available.

The Home Buyers can help in any of these situations, so we recommend that you call us at 952-920-2999 or toll free 800-747-0122 extension 17.

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