Charlotte MLS
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Related Terms:Charlotte Real Estate, Charlotte NC Real Estate, Charlotte Realtor
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Charlotte MLS
Anyone who has even a passing interest in the real estate market has seen or heard the term ‘MLS.' But few consumers know exactly what the MLS is, or understand the important role it plays in the real estate industry. The Charlotte MLS system, also known as the Carolina Multiple Listing Service is a complex information-sharing and cooperative marketing network created by the Carolina Regional Realtors Association to help the public buy and sell homes. While it is computer based today, it began as an exchange of paper listing information and photographs. Many people are confused by all the advertisements that state you can "search the MLS." These advertisements are somewhat misleading. The MLS is only accesible by a Realtor that is a member of the system. When a member takes a listing, they have 48 hours to enter it into the system. They have the option to publish it to the IDX, which stands for Internet Data Exchange. The IDX is what is made searchable to the public. These type of listings contain limited information from the actual MLS listing. The IDX is not the same as the MLS and does not contain everything in the MLS, and may be out of date. The IDX is a good way to start doing research on your own. When you are serious about finding a home to purchase, you need to consult a Realtor for up to date MLS information.
Charlotte Real Estate
Realtors in Charlotte North Carolina are professionals who deal with real estate on a daily basis. For Charlotte, North Carolina and Mecklenburg County, the average sales price in December for single family homes was $226,877, and for condos/town homes was $185,315. You should contact Timothy Cline Realty at 704.759.3499 for detailed information on residential and investment properties in the Charlotte Metropolitan Statistical Area. Average price appreciation across the entire Charlotte area continues to hold at about 5% to 6% for the last twelve months. A report stated that number should rise by 3 to 6 points next year. Add to that fact that Charlotte North Carolina is considered 10% undervalued. The average time on market has come down to two months, from six months two years ago. Even so, buyers in most price brackets still find many good listings to choose from. The new home market continues to be very strong. Charlotte is exploding right now with 80,000 new residents last year. For more information, please visit Charlotte Real EstateExternal links
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You can find many great Charlotte real estate agents and loan officers on ActiveRain.com David Kyle, Realtor e-Pro is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.