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The M.L.S. stands for the Multiple Listing Service. There over 900 MLS Services across the United States and the Chicago MLS is MRED LLC (formally MLSNI and MAP before merger to form MRED). It is the 3rd largest MLS system in the Country.
Are you looking to Get Listed on the MLS?
Berg Properties is a memeber of the MRED which covers the Chicago Metro area and all its suburbs throughout northern Illinois parts of central Illinois, some areas of Northern Indiana and Southern Wisconsin.
MLS systems were founded to help real estate agents list properties in a central repository so all REALTORS, regardless of the specific realty company they worked for, could collaborate and share listing information.
The MLS reduced market times and helped insure that REALTORS would get paid a commission if they found buyers for a property that another REALTOR had listed.
Traditional REALTORS charge anywhere from 3%-7% commission to market a property in Illinois. Commissions are negotiable. They split that amount with the buyer's broker. The most common commission offered to a buyers broker
(cooperating commission) in the Chicagoland area is 2.5% but commission amount varies from company to company and listing to listing.
The MLS has taken advantage of the internet by allowing consumer websites like Realtor.com, chicagotribune.com and other real estate type search engines pull information off the their system and post properties for sale nationwide to increase exposure.
Available Listings on the Chicago Metro MLS
NEWLY REMODELED, south facing home with the most STUNNING finishes at the Chandler in LAKESHORE EAST right next to the new St. Regis building!! No home is like it in the ...
- 3 Beds
- 3 Baths
- MRD11179908 MLS
- NEW Status
Lakewood Balmoral Historic District offers this Absolutely stunning hi tech 6 year old gut rehab with 3 bedrooms and an office up and 2 bedrooms in the dug out lower leve...
- 3 Beds
- 4 Baths
- MRD11174108 MLS
- NEW Status
This bright and beautiful East Lincoln Park home is ideally located steps from Lincoln Elementary and Parker. The completely renovated interior offers a fabulous mix of w...
- 5 Beds
- 4 Baths
- MRD11179812 MLS
- NEW Status
Stunning Extra-Wide 4 Bedroom Duplex-Down in Prime Lincoln Park Location has High-End Finishes and 3 Outdoor Spaces....an Entertainer's Dream Home! This massive condo is...
- 4 Beds
- 3 Baths
- MRD11179811 MLS
- NEW Status
Build your dream house on desirable double lot in premier Bucktown, lotsize 48x100 R3.5 zoning Teardown- drive by only- value in the land
- 4 Beds
- 3 Baths
- MRD11179794 MLS
- NEW Status
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2021 MRED LLC. All rights reserved.
Based on information submitted to the MRED as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Flat Fee MLS
Get your property listed on the MLS and major real estate sites like Realtor.com, Trulia, Zillow, Redfin and more for one low flat fee. Perfect solution for "for sale by owners" and industry insiders.
