RE/MAX Oceanview Realty 5686 Cowrie St.
Kiosk, Trail Bay Mall Weekly REPORT Aug 13– Aug 19
You probably know that “MLS" stands for "Multiple Listing Service". But do you know its origins? There was a time when Realtors only viewed and sold their own company’s listings. However some Realtors found benefits in cooperating with other companies. They learned that having access to other company’s listings and allowing showings on their own resulted in more sales. Over time this sort of cooperation became the norm and the MLS was system was formalized. Today almost all listings appear on one MLS system or another. The Real Estate Boards administer the systems and are responsible for integration with the Internet.
ACCESS TO LISTINGS CLICK ON http://www.remaxoceanview.com
SALES THIS WEEK: 9 [SUNSHINE COAST, ALL OFFICES]
NEW LISTINGS THIS WEEK: 32 PRICE REDUCTIONS
CURRENT LISTINGS: 1340
DET’D SALES to LIST RATIO*: = 3.3% [ADADDD
0% 3.3% 15% 22%
*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.