MLS listings for Duncanville, TX and Dallas-Fort Worth housing and real estate
The bustling City of Dallas, Texas is served by North Texas Real Estate Information Systems, Inc. (NTREIS). With more than 15 Shareholder REALTOR Associations, including more than 5,000 real estate offices, NTREIS is one of the largest MLS systems in the State of Texas. NTREIS has a coverage area of more than 48,000 square miles in North Texas, including Duncanville, the Dallas-Fort Worth Metropolitan area and more than 25,000 MLS subscribers. Located in the heart of Dallas, Texas, NTREIS is available to member-subscribers only.
About Dallas MLS
In simple terms, the Dallas Multiple Listing Service or NTREIS MLS is a database of homes for sale in the Duncanville area. While the MLS® trademark is owned by the Canada Real Estate Association (CREA) -- as is the REALTOR® trademark -- MLS systems across the country are typically set up as separate corporations. The MLS in any given area is affiliated with its local association of realtors. Now, here's where it gets tricky. Any city or region may have several associations. Dallas, for example, has more than fifteen. Some of these associations will integrate their MLS systems, while other will remain separate, which means neighboring areas may be listed on different systems that will not necessarily overlap. Luckily in Dallas, all the associations are grouped within the North Texas Real Estate Information Systems, so you can focus solely on the NTREIS MLS system when buying or selling a home.
The MLS also serves as a compensation offer between brokers. If one Dallas broker represents a buyer who purchases a property that is listed by another Dallas MLS broker, they will typically share the commission, and this information is listed in the MLS.
The overabundance of MLS systems available can also create confusion and frustration for many Dallas agents and brokers. Real estate agents who are not members of a certain MLS service have difficulty gaining access to properties that are exclusively listed with that service. The Dallas MLS system helps to protect the listings for a given neighborhood or larger community by controlling who has access to them. This ensures that local agents have an advantage over real estate agents from other areas. While this can be beneficial for the local agents, some also consider it to be a tactic by the MLS systems to earn more fees and recruit more members.
The cons to operating individual MLS systems (as opposed to one large MLS) mainly affect non-members. The Dallas NTREIS is an excellent tool for participating members, buyers, and sellers. The Dallas MLS offers maximum exposure to houses for sale in Dallas neighborhoods and it allows agents and brokers to quickly and easily find properties that are listed. Dallas real estate agents and brokers can also examine commission rates and browse through an extensive amount of data about any given property for sale.
It is important to keep in mind that while Dallas NTREIS (www.ntreis.net) has over 25,000 members, not all brokers participate. This means that while the Dallas MLS services do list a significant number of properties for sale, they does not list all properties for sale in Duncanville and the Dallas area.