Consumer Driven Multiple Listing Service (MLS) is Free to All; ByOwnerMLS.Com Provides Easy Access to Virtually Every For-Sale-By-Owner Listing
Posted on: Tuesday, 8 August 2006, 09:00 CDT
ByOwnerMLS.com, a single source for residential home listings in the For Sale By Owner (FSBO) market, announced today the launch of its new site: A free, online, public-domain Multiple Listing Service (MLS). ByOwnerMLS.com has developed relationships with multiple FSBO listing companies to provide would-be-homebuyers more access to residential properties in more neighborhoods, while also increasing exposure for private home-sellers. No registration is required and every property is linked back to its originating For Sale By Owner site.
"We believe that the for-sale-by-owner industry is one of the most minimally exposed and fragmented components of the real estate market," said Dominic Muttillo, chief operating officer for ByOwnerMLS.com. "A unified Multiple Listing Service is an important move towards giving consumers the same kind of access and resource that, until now, only Realtors could afford. ByOwnerMLS.com offers listing companies in this space an ability to have their sellers' properties advertised in multiple locations on the web, giving each listing double exposure."
Similar to the databases that Realtors(R) use to sell or source residential properties, the ByOwnerMLS.com site combines access to thousands of properties nation-wide through its network of listing partner sites with the convenience of 24/7 access. ByOwnerMLS.com expects to see the inventory of real estate in the FSBO MLS space to continue to grow as more people become aware of the tools, services and resources that are available to them, and they become proactive participants in their personal real estate transactions. The company is committed to creating liquidity in residential real estate markets by offering innovative tools and marketing services that empower homeowners and homebuyers to "do-it-yourself", while potentially saving thousands of dollars in agents' commissions.
About ByOwnerMLS.com
ByOwnerMLS does not list individual properties itself but gives exposure to all its member sites. ByOwnerMLS is a real estate search engine that plans to bring together virtually every "for sale by owner" listing. Consumers can now search the most comprehensive resource of "for sale by owner" home, condominium, time share, rental, vacation home, town home, multi-family, vacant land and commercial listings posted on the web. Our listing company partners upload and modify their inventory as it changes, providing our viewers an accurate representation for every "for sale by owner" listing. For more information please visit http://www.ByOwnerMLS.com or call 561-338-1890 x 302.
Source: Business Wire
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