This excerpt was provided to area real estate brokers regarding the difference between sales of off-MLS properties compared to properties sold on MLS. Today, Bright MLS released the findings of a two-year study comparing sale prices for homes promoted through the MLS with comparable homes sold off the MLS via FSBO or other off-MLS methods.

As a Bright MLS Broker, you are part of a powerful network of 95,000 subscribers. Cooperation amongst the Brokers and agents who are Bright subscribers is one of the pillars of our organization. The findings in this report conclusively demonstrate the power of this cooperation, and the benefits of an efficient and accessible market.

Our review of 442,829 transactions across the Bright footprint shows homes marketed on the MLS sold for substantially more than comparable homes, netting a median sale price of 16.98% higher overall.

If you are looking to sell a home, please call DeHanas Real Estate Services at 301-870-1717.