House-Hunting a Virtual Success
Vancouver - Imagine being able to call up detailed information on virtually any real estate property listed for sale by a REALTOR, without ever leaving your home. That's the concept behind the Real Estate Board of Greater Vancouver's (REBGV), MLS RealtyLink site, the most accurate and comprehensive source for real estate information in the Lower Mainland. Since its launch, the site has received more than 4 million page hits, exposing local properties to Internet explorers all over the globe.
The REBGV has stated, "The electronic information explosion is redefining our business. MLS RealtyLink successfully connects people to a preferred property, and to the REALTOR who can make the transaction happen. Technology has opened another door to the real estate world for the consumer and has helped REALTORS better serve their clients."
Sophisticated full-color graphics, regional information and the ability to search for properties under a number of specific categories allows fast and easy access to all the homes and properties that are listed. For example, if a buyer is seeking a $450,000, four bedroom home with a 2 car garage in Richmond, they could find a suitable match within seconds. The site also includes brief descriptions of the regions as well as the latest statistics on home sales and prices.
MLS RealtyLink also provides armchair house hunters with valuable financial information to pre-determine qualifications before visiting a lender. There is a Mortgage Calculator which automatically determines the mortgage payments, given a specific selling price, interest rate and down payment. This eliminates the embarrassment and disappointment some first-time buyers may face if they are denied financially.
Local realtors agree that having real estate information on the Internet has made their jobs a lot easier. They find that as their customers become better informed through the Internet, there is an immediate 'trust' established because their research on the site confirms everything that the realtors say. This technology enables REALTORS to provide a higher level of service to a better educated client.
To access REBGV's MLS RealtyLink site: www.realtylink.org
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.