Friday, November 6, 2009

MLS or Not?

Is the lack of a Multiple Listing Service (MLS) in the Hamptons hurting or helping clients and customers in Real Estate? I recently was working with a customer as a referral. She explained how a friend of hers and mine insisted she work with several agents as the East End doesn't have a MLS. He explained, wrongly mind you, that going with one broker would only get listings of that agency. While that just isn't true or at least shouldn't be, it's a perception of many. In my situation it ultimately led to more competition which seems to be one argument of the agencies on why they don't want a MLS. What's your opinion? I'd like to know.

The postings on this site are my own and don't necessarily
represent BHS's positions, strategies or opinions."

Caleb Kercheval
Associate Broker
Brown Harris Stevens of the Hamptons