In place of my normal market update, I’m going to tell you about an exciting new change to how we real estate professionals in your area operate. Starting in December, our old TREND MLS system shut down, and we are now part of the Bright MLS real estate service area, which spans 40,000 square miles throughout the Mid-Atlantic region. As a leading Multiple Listing Service (MLS), Bright serves approximately 85,000 real estate professionals who in turn serve over 20 million consumers The new entity is one of the largest MLSs in the nation with approximately 85,000 real estate professionals and 10 million property records. The breadth of the Bright market area covers parts of Delaware, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C. and West Virginia.
What does that mean for you? Your agent now has access to much more data. If you are a buyer, you can search multiple states on our website. If you are a seller, your property is now directly exposed to not 25,000 Realtors (as before) but 85,000. That’s exciting news. Stay tuned for our next market update. The system is still converting so I’ll have access to all the trends and data shortly. A mid-December email will go out to update you.