IOM Nicaragua REINTEGRATION OF RETURNED MIGRANTS: THE EXPERIENCE OF NICARAGUA
Does the Nicaragua real estate market operate under a MLS?
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Transcript of Does the Nicaragua real estate market operate under a MLS?
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Does the Nicaragua real !estate market operate under a MLS?
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SAN JUAN LIVE
NoThere is no Multiple Listing System (MLS) in Nicaragua
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SAN JUAN LIVE
This means that the Nicaragua real estate market does not
operate in the same way as it does in the US or Canada.
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SAN JUAN LIVE
If you are from the US or Canada you’ll probably know that the MLS is a vast
database of properties for sale.
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When a seller lists their property with an agent, the agent uploads
the property to the MLS.
Agent
Agent
Agent
Agent
Agent
Agent
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Seller
Buyer
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SAN JUAN LIVE
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Seller
When a seller lists their property with an agent, the agent uploads
the property to the MLS.
Buyer
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Agent
Agent
Agent
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Seller
…all agents immediately have access to it.
Buyer
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SAN JUAN LIVE
…all agents immediately have access to it.
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Seller Agent
Buyer
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SAN JUAN LIVE
…and a connection to a buyer can easily be made.
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Seller Agent
Buyer
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SAN JUAN LIVE
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Seller Agent
Buyer
…and a connection to a buyer can easily be made.
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SAN JUAN LIVE
So what's different about Nicaragua?!
!
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SAN JUAN LIVE
Well, instead of sharing a giant database of properties, each agent keeps their own private database.
Agent
Agent
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Agent
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Seller
Agent
Agent
Agent
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Agent Buyer
When you list with a local agent your property goes on their
private database of listings.
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SAN JUAN LIVE
Seller
Agent
Agent
Agent
Agent
Agent
Agent
Agent
Agent
When you list with a local agent your property goes on their
private database of listings.
Buyer
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Seller
Agent
Agent
Agent
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Agent
So unless the buyer happens to go on a viewing with that particular agent, they
are unlikely to see your property.
Buyer
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SAN JUAN LIVE
Seller
Agent
Agent
Agent
Agent
Agent
Agent
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Agent
So unless the buyer happens to go on a viewing with that particular agent, they
are unlikely to see your property.
BuyerX
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SAN JUAN LIVE
The takeaway is that the MLS is first and foremost a
marketing vehicle for listings.
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SAN JUAN LIVE
So if you’re a seller in this market, the central question you need to answer is this:
!
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SAN JUAN LIVE
How can you get your property in front of more buyers when there is no MLS?
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SAN JUAN LIVE
The Critical Mistake that Stops your Nicaragua !Property from Selling
Start by visiting: !
http://sanjuandelsur.org/sellers-report/
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You’ll find a Free Report that shows you exactly how the
market works in Nicaragua and how you can use that knowledge to take strategic action to sell
your property.
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!
!
!
The report also gives you a set of highly actionable steps and
“uncommon tips” that you can implement right now to get your
Nicaragua property sold. !
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SAN JUAN LIVE
The Critical Mistake that Stops your Nicaragua !Property from Selling
Discover all that here:!!
http://sanjuandelsur.org/sellers-report/