As a real estate investor, you know all too well that you will need access to important data to make the best possible investment decisions. Investing in real estate is not an easy task and without the help of big data for your part, you are not giving yourself the greatest chance of success. You are probably hoping to gain access to the MLS database, and you may be wondering what your options are for getting Access to MLS. Fortunately, you have many options when it comes to getting the information you need to find the best investment properties for sale.
In this article, we will cover what the MLS database has to offer, different ways to gain access to the MLS database, and other tools for your Search for investment properties.
What is the MLS database?
The MLS, or Multiple Listing Services, is a collection of real estate listings posted by real estate brokers. It was created to help real estate agents find the information they need about a property in order to efficiently complete a sale. Brokers will also earn a commission on a property that is sold using their listing.
The MLS database contains useful data and information about properties for sale in the US real estate market. Without them, the work of real estate agents and investors would be quite difficult.
Who has access to MLS?
Before you get excited and feel like you’ve found the golden ticket to… successful real estate investment. You should know that the MLS is not publicly accessible. It is an exclusive database reserved for members of the National Association of Realtors (NAR).
This may include:
- Real estate agents
- Runners
- Real estate investors who have obtained their real estate license
How to access the MLS database
There are several ways to access MLS. However, they are not always cost effective. As a real estate investor, you will have to decide which option is the most convenient for you.
How to Access the MLS Database: 7 Ways
- Get your real estate license
- Become a real estate broker or agent
- Become a member of the NAR
- Hire a real estate agent
- Get sponsored
- Use an API to access MLS data
- Get MLS listing analytics through a real estate company (like Mashvisor)
You’ve probably heard of investors who get their money back… real estate licenses. While this works for some, it has its drawbacks, including a high price tag and a huge time investment. Some people are willing to attend classes and take an exam, but not everyone is willing to go this route. The good news is that it is not necessary.
The most common solution to access MLS listings without a license is to hire a real estate agent. If you are new to Real estate investment, this could be a great opportunity to work with someone who is knowledgeable. You can learn the basics while enjoying their guidance and you will have access to MLS listings through them.
The only downside to hiring a real estate agent is coordinating your time with another person and placing your trust in them. There can also be a lack of control, as the real estate agent has access to the MLS database but you don’t. You’ll be relying on them to provide you with that information. For experienced real estate investors, this can be overly complicated.
How to Access the MLS Without a Real Estate License or Real Estate Agent
If you are wondering how to gain access to the MLS database without a real estate agent or license, know that there are still options to gain access to the MLS.
It is possible to obtain sponsorship and receive access to the MLS database this way, although it takes time and there is really no guarantee of success.
For many real estate investors, the simplest solution to analyzing properties in the MLS database is to use the resources available through real estate data analytics companies. While there are many companies that provide this information, in my opinion, Mashvisor is by far the best. The reason is simple. Mashvisor’s Real Estate Listings API aggregates data from dozens of public sources and complements it with proprietary AI-powered investment analytics. This means that investors gain access to industry-leading data without having to query multiple sources.
Mashvisor: The Ultimate Resource for Real Estate Investors
Mashvisor is an awesome tool for real estate investors both for the real estate database it offers, as well as for its powerful real estate investment software. It is an all-in-one platform for investors who are serious about achieving ideal results, and create a successful investment strategy.
Here is an overview of some of the tools Mashvisor offers.
Property search for rentals
From Mashvisor Property search for rentals Combine MLS listings with listings from other resources to create the ultimate database of investment properties for sale.
The rental property finder can help you choose the best profitable property based on your search criteria. It uses predictive analytics and machine learning algorithms to provide its results, which are based on huge amounts of data and patterns among users. In short, it can offer you the perfect matches you are looking for.
Mashvisor Rental Property Finder
Real-estate market
Mashvisor real-estate market is an additional resource for real estate investors interested in Off-market properties anywhere in the US housing market.
Typically, finding off-market properties can be a pain and investors often don’t know how to search for them. The real estate market uses the same data and predictive analytics to find the best options for your investment needs. With this tool, you’ll be able to easily and efficiently find investment properties that other investors may be overlooking.
Mashvisor Property Marketplace
Between the rental property search engine and the real estate market, you will not need traditional access to the MLS database. Thanks to Mashvisor, it’s never been easier to find and analyze MLS homes without a real estate agent or license. Mashvisor makes searching and analyzing MLS homes a breeze, and we also offer other tools to help you with your search. Analysis of rental properties.
Other Mashvisor tools
Mashvisor real estate heat map is an invaluable asset for investors who need information about specific neighborhoods and want to make Rental market analysis. This tool can help you make a decision on where to purchase your investment properties based on performance data.
Mashvisor Real Estate Heatmap
Another amazing tool that Mashvisor offers is our rental property calculator. With the rental property calculator, you can quickly determine if a property is worth your time and money. By entering basic data about your financing, the calculator will give you all the relevant metrics you need for a thorough real estate investment analysis.
Mashvisor’s rental property calculator.
As you can see, there are many ways to access the MLS database without a real estate license. Whatever method works best for you, know that Mashvisor is here for all your real estate investing needs.
To learn more about how Mashvisor can help you make faster, smarter real estate investment decisions, register now.
