Remaining states where no flat fee MLS coverage is available include Wyoming, North Dakota, and South Dakota.
(PRWEB) July 29, 2011
HOUSEPAD LLP, a flat fee MLS real estate broker, announced today that they now have coverage for over 361 of the approximately 900 MLS's (Multiple Listing Services) around the United States. 87 of the MLS's are covered directly by a broker licensed with HOUSEPAD, with the remaining covered systems serviced by a HOUSEPAD network broker.
The number of MLS's covered is understated due to additional MLS's available but not yet entered into the ValueMLS.com by specific name. Coverage remains illusive in the bottom half of the MLS's, which normally represent small market areas. Small market areas typically are unattractive to flat fee MLS brokers because the inventory count is not sufficient for expenses. Planned MLS mergers are expected to increase access, as REALTORS see the advantages of integrating their listing data with larger market areas. Remaining states where no flat fee MLS coverage is available include Wyoming, North Dakota, and South Dakota.
About HOUSEPAD LLP: The company specializes in listing property on behalf of for-sale-by-owners or real estate investors on a limited service, flat fee basis. The brokerage services for sellers are set up as a real estate equivalent to online stock trading.
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