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What is a Hot Sheet?
THE MLS is a tool every buyer needs to utilize
Service. It’s an important resource for your home search, and your realtor should be very in touch with what is new on the local MLS every day.There are hundreds of MLS’s across the country (and in many other countries as well). Every seller knows that they need to get their house listed on MLS to sell it; and every home-buyer should know how to utilize the MLS. Think of the MLS is a big property warehouse , similar to a “Home Depot.” When a property is available for sale, it goes in the warehouse. When it is sold, it gets taken out of the warehouse. When changes get made to the status and pricing of a property, it get’s changed in the warehouse.
Hot Sheets
In the Colorado Springs area, a Realtor can search the MLS and pull up “Hot sheets“. These reports can be Read the rest of this entry »
What is the MLS?
What is the Pikes Peak Multiple Listing Service (PPAR)?
Search for Homes in Colorado Springs
One of the acronyms that most Realtors in Colorado Springs use is “MLS”. When you are in any industry, you get used to using the 
common acronyms of that industry and forget your clients and customers may not understand your jargon.
Let’s start with the definition: MLS stands for Multiple Listing Service. The MLS is a shared computer database accessed by the majority of local Colorado Springs Realtors. It contains detailed information on thousands of listed properties (including land) for sale in the area.
Think of the the MLS as a big property warehouse – sort of like a “Wal-Mart.” When property is available for sale, it goes in the warehouse. When it is sold, it gets taken out of the warehouse.
