The Multiple Listing Service® is the most comprehensive system of featuring real estate listings available anywhere. The MLS Listing Service® is owned and operated by the Canadian Real Estate Association ( CREA ), and is available to all REALTORS® across Canada.
Not every real estate agent is a REALTOR®. Only members of the Canadian Real Estate Association may call themselves REALTORS®. REALTORS® are also members of their local real estate board, and are governed by strict rules of conduct and code of ethics set out by both organizations as well as the Real Estate Council of Alberta (RECA).
All real estate agents must be licensed to trade in real estate by the Real Estate Council of Alberta, whether or not they are a member of the Calgary Real Estate Board or not. The penalty for trading in real estate without a proper authorization is $25,000.00. Trading in real estate is the engagement of any activity which would normally require a license. Some examples of trading in real estate would be, attending at an open house or showing a property or representing a seller in any agency capacity. The law does not apply if you are the owner of the property or it can be proven that you are an employee of the owner.
The same guidelines apply for the licensing of property management in the case of rental units, or in the trading of mortgages as in the case of mortgage brokering. These activities all require licensing by the Real Estate Council of Alberta.
When your home is listed on the Calgary Real Estate Board’s Multiple Listing Service®, you can be assured that it is getting incredible exposure to every one of the cities real estate agents, and as well those who are not members.
No other site around will expose your property to the City of Calgary’s estimated 5000 licensed real estate agents. Many of these agents are quite possible already working with qualified and motivated buyers who may be looking for a property just like yours.
The Multiple Listing Service® is available 24 hours a day to both industry members and members of the public. The listings are also available via an iPhone or iPad app or any number of real estate industry, sponsored web sites.
The Multiple Listing Service is the single most effective tool available to buyers and sellers alike, anywhere. If you would like to have your home listed using the MLS® Service, please call.