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User Stats

24
Posts
2
Votes
Derek Decoste
  • Real Estate Investor
  • Dallas, TX
2
Votes |
24
Posts

MLS assistant access - DFW

Derek Decoste
  • Real Estate Investor
  • Dallas, TX
Posted

I am looking to gain assistant access to the North Texas MLS system. I am about to start a direct mail marketing campaign and am looking for the access to gain comp information. I would be willing to either pay for the access, or work out a deal where I could throw leads your way since I will be sending out a significant amount of letters.

If this is breaking any forum or Realtor rules, please let me know, and I will remove it.

Thanks

User Stats

342
Posts
55
Votes
James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
55
Votes |
342
Posts
James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
Replied

Derek,

Just curious if you found a solution to this question? I am interested in gaining access to North Texas MLS as well. I am a licensed real estate agent, however I am not with a broker. Does anybody know how much it costs to join MLS…and a broker in DFW I can hang my license with..??

I would be happy to help you out Derek, if I ever gain access…thanks for bringing this topic to the forum !!!

User Stats

211
Posts
152
Votes
Chris Feltus
  • Residential Real Estate Agent
  • Fort Worth , TX
152
Votes |
211
Posts
Chris Feltus
  • Residential Real Estate Agent
  • Fort Worth , TX
Replied

@James Mudd Its roughly $2,500 to $3,000 annually after everything is said and done to maintain an active license. In addition their are additional fees such as errors and omissions that occur on a per transaction basis.

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Account Closed
  • Dallas, TX
744
Votes |
4,988
Posts
Account Closed
  • Dallas, TX
Replied
Derek,

Just pay a realtor to run the comps for you and build a relationship with the realtor and show the realtor you will use the them to close the deals and then the realtor will know you are for real and then the realtor will be happy to run comps for free.

Joe Gore

User Stats

342
Posts
55
Votes
James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
55
Votes |
342
Posts
James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
Replied

Chris…I don't believe I need E&O insurance….I don't want to be a real estate agent…just want to use MLS for my personal real estate investments.

User Stats

116
Posts
10
Votes
Kim H.
  • Real Estate Broker
  • Dallas
10
Votes |
116
Posts
Kim H.
  • Real Estate Broker
  • Dallas
Replied

Real estate agents and assistants cannot allow others access to their MLS accounts. It is best to develop a relationship with an agent or find a broker to sponsor you. That way you can gain access yourself by becoming a member of the local real estate board. It will cost you $ in fees and dues but you will save a lot on commissions if you are selling your own properties. However, I only allow my agents to have two complimentary personal transactions per year. I carry the E&O for all of my agents.

User Stats

30
Posts
7
Votes
David Edgerton
  • Houston, TX
7
Votes |
30
Posts
David Edgerton
  • Houston, TX
Replied

realacquisitions.com
I have not signed up for this service yet,(only in limited markets in Texas) but have know about this company for nearly a year. Good luck!

User Stats

24
Posts
2
Votes
Derek Decoste
  • Real Estate Investor
  • Dallas, TX
2
Votes |
24
Posts
Derek Decoste
  • Real Estate Investor
  • Dallas, TX
Replied

Thanks all for the replies.

I do have a relationship with a few Realtors and that is how I am currently pulling comps. I would rather pull them myself as I believe it would best improve my knowledge of the area. It seems like I will just need to continue with this method until I have a few more deals under my belt and am willing to get licensed myself.

David - thanks for the suggestion, I'll take a look.

James - good luck obtaining access yourself!

Derek

User Stats

31
Posts
3
Votes
Akiva L.
  • Dallas, TX
3
Votes |
31
Posts
Akiva L.
  • Dallas, TX
Replied

Do you have any RE license holding companies in TX that provide you to get MLS access?

User Stats

588
Posts
224
Votes
Shawn Thom
  • Investor
  • McKinney, TX
224
Votes |
588
Posts
Shawn Thom
  • Investor
  • McKinney, TX
Replied

check out investway.com . that can get you mls access.

User Stats

35
Posts
3
Votes
Jason Kaufman
  • Highland Village, TX
3
Votes |
35
Posts
Jason Kaufman
  • Highland Village, TX
Replied

Hey Derek

Send me a PM...I might be able to help you out.

Account Closed
  • Dallas, TX
744
Votes |
4,988
Posts
Account Closed
  • Dallas, TX
Replied

Shawn,

Does investway.com give you the same info as MLS?

Joe Gore

User Stats

35
Posts
3
Votes
Jason Kaufman
  • Highland Village, TX
3
Votes |
35
Posts
Jason Kaufman
  • Highland Village, TX
Replied

Investway does give you the exact same comps that you would get from the MLS. There is a fee but to me it is worth it. They have a few vids on YouTube too. You can sign up for a free trial and check it out. I am not affiliated with them at all BP.

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User Stats

588
Posts
224
Votes
Shawn Thom
  • Investor
  • McKinney, TX
224
Votes |
588
Posts
Shawn Thom
  • Investor
  • McKinney, TX
Replied

From what I've seen investway is ALMOST as good as MLS for comps. I compared it once and there were several listing investway did not have, but it had most. I did not do extensive research.

User Stats

726
Posts
284
Votes
Shane Woods
  • Real Estate Agent
  • Weatherford, TX
284
Votes |
726
Posts
Shane Woods
  • Real Estate Agent
  • Weatherford, TX
Replied

The key in TX is to BECOME an assistant to a licensed realtor. They'll have you working on menial tasks, but you also are able to run your own comps and LISTS if you're doing direct mail. Make friends with a realtor that might need a little help with some mundane tasks.

Don't make the presentation about what you need. Make it about how you have some extra time, and want to learn, and want to help them. What you need will take care of itself once you get your foot in the door. It's all about what you have to offer.

Account Closed
  • Dallas, TX
744
Votes |
4,988
Posts
Account Closed
  • Dallas, TX
Replied
Shane,

I agree with you. I always try to find a real estate agent just starting out and call and say can we meet for lunch or a cup of coffee, and then I never say what I need I say will it be ok if I refer investors or buyers, your way and my services is free but maybe one day you can help me or buy lunch.


Joe Gore

User Stats

35
Posts
3
Votes
Jason Kaufman
  • Highland Village, TX
3
Votes |
35
Posts
Jason Kaufman
  • Highland Village, TX
Replied

I am just going to get my RE license....should be done here in a few weeks. So if anyone needs an investor friendly realtor in DFW let me know.

User Stats

17
Posts
1
Votes
Jonathan Alexander
  • Investor
  • Dallas, TX
1
Votes |
17
Posts
Jonathan Alexander
  • Investor
  • Dallas, TX
Replied

@James Mudd @Jason Kaufman

Fellas - I'm also interested in getting access to the MLS. Originally I was planning on getting my license but after reading about all the fees associated with it, it wasn't as appealing. My use for the MLS wouldn't be as a typical agent but rather like James said for my own personal use with my own investments. Did either of you figure out a solution? Thanks for any suggestions you may have.

User Stats

444
Posts
80
Votes
Jeffrey McKee
Agent
Pro Member
  • Real Estate Agent
  • Plano, TX
80
Votes |
444
Posts
Jeffrey McKee
Agent
Pro Member
  • Real Estate Agent
  • Plano, TX
Replied
Quote from @James Mudd:

Derek,

Just curious if you found a solution to this question? I am interested in gaining access to North Texas MLS as well. I am a licensed real estate agent, however I am not with a broker. Does anybody know how much it costs to join MLS…and a broker in DFW I can hang my license with..??

I would be happy to help you out Derek, if I ever gain access…thanks for bringing this topic to the forum !!!


Derek, Did you ever end up hanging your hat with a broker? I would be happy to jump on a call and discuss fees jo join MLS and brokerage.

McKee Realty Services and eXp Realty  Logo

User Stats

444
Posts
80
Votes
Jeffrey McKee
Agent
Pro Member
  • Real Estate Agent
  • Plano, TX
80
Votes |
444
Posts
Jeffrey McKee
Agent
Pro Member
  • Real Estate Agent
  • Plano, TX
Replied
Quote from @Jason Kaufman:
I am just going to get my RE license....should be done here in a few weeks. So if anyone needs an investor friendly realtor in DFW let me know.

 Hows it going with getting your license?  

McKee Realty Services and eXp Realty  Logo