Newbie trying to connect

[Desiree Deluca]

Hi my name is Desiree, I am trying to gain access to the MLS. I willing to offer something in return for being able to use MLS Platform. I am a real estate investor and trying to work with real estate agents. Also learn more about my market.

[Natalie Schanne]

@Desiree Deluca - if you want access to the MLS, you need to get licensed. As he said, propstream combined with realtor com is a pretty decent equivalent without using MLS. Any agent sharing MLS access with you unless you're their specific assistant is breaking MLS rules. (At least it's breaking rules in my area). Do some agents do it? Sure. But you better believe that they get caught sometimes when the MLS is tracking the IP addresses of the different people logging in on that persons account. If it wasn't enforced, I don't see why they would keep announcing fines and warnings for sharing your login. Effectively once you're on the MLS, you can with a click of a button, request a combo code to get into any house (easier in areas where Supra ibox aren't popular). And this is what we work as a community to protect via our background checks and codes of ethics. Because… the more bad instances that happen to people trusting licensed, background checked professionals with their vacant, listed homes, the worse off the industry is.

Getting your license and not affiliating as a realtor with NAR, in most markets will cost about $300-500 for the course (usually 2 weeks), $200 for the exam and background check and fingerprinting, and $100-1200/year with a real estate brokerage in fees to hang your license. MLS dues are additional, BRIGHT in my area is about $800/year. The Supra box is another $25x12 ($300).

If you affiliate with a flat fee brokerage like $600/deal, if you do 1-2 deals a year it will pay for itself. At a low volume, many of the big name brokerages are also worth it because the training and support is incredible and you’re net net not paying that much. Think Berkshire Hathaway BHHS or keller Williams or exp or Remax or Weichert or Coldwell banker plus whatever local flavor brokerages you have in town that are usually on a 50/50 - 70/30 split model. So a $10,000 commission at a flat fee firm would net you like a $9400 payout while at a premium name brand firm would net you about a 64% payout (kw) or $6400. It all depends on what you need. I loved the rah rah of kw and only left because of local management changing my independent contractor agreement on me unfairly.