Posted by Rob FL on September 13, 2003 at 07:33:18:
It varies by locality. Most MLS databases are on Realtor.com. As far as I know, all listings for a particular MLS go into Realtor.com. The drawback to Realtor.com though is that only about half the info from the true MLS shows up on Realtor.com. Also, Realtor.com is 1 to 2 days behind the true MLS. By the time any non-Realtors finds a deal on Realtor.com, most of the time all the investor-Realtors and their clients have already negotiated a contract with the seller. I know several people in my area that search through the MLS 3+ times a day looking for deals. Hard to compete with.