SJDS Info

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CANIBIR MLS® System

 

All About the CANIBIR MLS® System

 

 

“The Nicaragua MLS (Multiple Listing Service) is a platform of cooperation and settlement for real estate professionals, buyers and tenants of Nicaragua real estate properties. The MLS shows and shares detailed information about properties (financial, legal, features, size, location, etc) among agents representing the properties to better serve the public.

Real Estate professionals who join a MLS system have automatic listing agreements with every other member and  therefore share everyone’s inventory.  This allows for the proven advantage to anyone interested in obtaining real estate to effectively find one’s ideal property much faster than ever before.”

Issues in the Real Estate Market in Nicaragua

Examples of issues with open market for sale of property:

  • The owner also sells his property, direct competition to all agents
  • The agents take the property with many agents representing the same property
  • There is no cooperation between agents
  • Distrust among the agents
  • No reliable market information – history of value, volume, sales
  • There is no compensation for the work done
  • No communication by Seller when the property has sold or price change
  • There is no transparency between brokers/agents or buyers
  • Small countries like El Salvador want 2 MLS which will limit cooperation between agents
  • Basically we have a system of individualism

Benefits of a MLS® System

  • Organized collection of exclusive property data
  • Detailed information of each property for sale
  • Improved current and past real estate market information
  • Agent can compare similar properties and give market information to clients
  • Have property data with competitive prices
  • No open market listings are allowed
  • The public see a professional group of real estate agents organized around rules that protect public interest
  • With MLS® you have cooperation, transparency, compensation
  • The owner is represented exclusively by an Agent
  • Transparency in the real estate market
  • Appraisers and Banks can obtain data (they pay for this services) by city, department and country for a better comparison of the market, and valuation
  • The government sees how economic policies impact the real estate market, has clear market data
  • The Association has a means of communication with the public to report sales levels, number of properties for sale and establish if there are any market problems (supply and demand).

Benefits of the CANIBIR MLS® System

  • Standardized agreements
  • Standardized contracts
  • Market transparency
  • Cooperation
  • Compensation

MLS® Platform Provides Multiple Contacts

Diseño del MLS® para la Camara

Contact us today, or visit CANIBIR MLS® Nicaragua to find out more!