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Licensed REALTOR® in Victoria, BC with Pemberton Holmes + Mavrikos Collective

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A Quick Guide to the MLS® Matrix and How It Helps You

November 10, 2020

AUTHOR: RIA MAVRIKOS

What Is The Multiple Listing Service® (MLS®)

The MLS® matrix system is an example of the cooperation that exists in the real estate industry. When a listing agent uploads their new listing to the MLS® system, the corresponding local real estate boards manage the listing information and ensure its accuracy for properties in their geographic location.

 

As a REALTOR®, I am a member of the Victoria Real Estate Board (VREB), the British Columbia Real Estate Association (BCREA) and the Canadian Real Estate Association (CREA).

 

As a result, I have access to the real estate listings of the Victoria Real Estate Board (VREB) and the Vancouver Island Real Estate Board (VIREB).

 

Our MLS® System is a member-to-member system that includes an inventory of listings for the purchase, sale or lease of real estate.

 

It is controlled by the Victoria Real Estate Board (VREB) and Vancouver Island Real Estate Board (VIREB), and REALTORS® who are members of the above real estate boards have access to the listings.

 

Why Is It Beneficial For You To Sign Up For The MLS® Matrix?

As a prospective home buyer, your online home search can be really specific or general. Although when you’re just starting, I think it’s best to keep your search as general as possible.

 

You can then narrow your home search as you see more properties and become familiar with different property types, neighbourhoods, and what you like!

 

Adjustable search criteria include your desired number of bedrooms, bathrooms, parking stalls, any pet or rental restrictions (when looking at strata properties), property type, neighbourhood(s), layout, lot features, plus many more specifications tailored to your needs and wants!

 

Benefits For You As A Home Buyer:

  • Keeps you up-to-date on new listings as soon as they hit the market!
  • Listings are directly sent to your inbox
  • Listings are customized to your homeownership goals, needs, and wants
  • Easily adjust your criteria or unsubscribe at any time
  • Unlimited access to current inventory of all available properties specific to your criteria
  • Allows you to be more informed and educated as a home buyer
  • Easily see many different properties and get a better idea of what you like!

 

 

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