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The Buyer's MLS

Let's face it, the MLS is not always the buyers' friend. On short sales and foreclosures especially, but even on a substantial number of other listings, there are often no photos. Sometimes there will be one or you'll get the property with photos of only the exterior and the land.

That's a shame in many ways. Buyers want to see photos. With gas prices what they are, it's very helpful to be able to screen properties without having to drive to every one.

It's also a shame for the sellers, in all honesty. Buyers in most cases will simply bypass listings without photos. Photos of a place that doesn't look all that great are still almost always better than none. That's because buyers will usually assume even worse things in their imaginations if there are no photos. And, if what they'll see when they get there is likely to cause them not to buy it, why not eliminate them up front. Do you really want people tromping through your home who won't be interested in buying it?

So, a local real estate broker, Frank Borges Llosa, has taken matters into his own hands. There's a new MLS, that looks at the world from the buyer's point of view. The idea is to ask agents to photograph and comment on vacant homes. These comments and photos will be added to the MLS data that's already available.

It's a terrific idea and I've already begun contributing. I'll be selecting homes to work on based on several criteria. First, I'm interested in the property! Secondly, input from clients, customers and blog readers that they'd like me to check out a specific property. And, third, I'll start closer to home and work my way outwards. That means I'll start with listings in Culpeper, Fauquier and Rappahannock counties.

Let me know if you've got a property you'd like me to take a look at! And, continue to watch http://www.FranklyMLS.com for more updates.

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RE: The Buyer's MLS

Posted by: Frank
Date: Jun. 17, 2008
Thanks! Love seeing your contributions!

Here is a link to the homes you reviewed!

Also did you see we now scrub for SHort Sales. There is a * next to the price if it might be a short sale.

Frank

RE: The Buyer's MLS

Posted by: Julie Emery
Date: Jun. 17, 2008

Thanks! I'm out there previewing and showing homes. I like sharing the information I gather there.

The listing agents, on the other hand, aren't always so happy! All I can do is try to present a fair and balanced view of the property.


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