Colorado Springs Vintage Homes Blog
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Real Estate Agent or Realtor?
What is the difference between a Colorado Springs Realtor and a Colorado Springs Real Estate agent?
Must read articles:
Most Home buyers and home sellers the Colorado Springs area use the terms REALTOR® and Real Estate Agent interchangeably, but that is not correct. There are many differences between REALTORS® and real estate agents. They are not the same……………..
What is a Realtor®?
- Realtors® subscribe to a strict Code of Ethics set forth by the National Association of Realtors, which contains 17 Articles and various underlying Standards of Practice.
- Realtors® must complete mandatory quadrennial Code of Ethics training.
- Realtors® belong to the local Realtor® boards, which contribute listings to the MLS (Multiple Listing Service®).
- Realtor® agree to arbitration procedures used to settle any complaints, whether from consumers or other Realtor® members.
- Realtors® belong to the professional organization, National Association of Realtors®. Read the rest of this entry »
What is the MLS?
What is the Pikes Peak Multiple Listing Service (PPAR)?
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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.
