wrightwoman47, Home Buyer in The Villages, FL

Can a real estate agent show me both MLS listings and VLS (the Villages) listings?

Asked by wrightwoman47, The Villages, FL Sun Nov 11, 2012

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Answers

3
The simple and correct answer is YES! A Realtor CAN show you both MLS listings AND homes listed by the developer. While The Villages developer would like Buyers to believe otherwise, the complete answer is this: The sales agents who work for The Villages sales department (read "developer") are allowed to sell both new lots and new homes in The Villages. They also can sell pre-owned homes that are listed by the developer. However, because they are not members of the National Association of Realtors nor members of a Multiple Listing Service they CAN NOT sell homes listed in The Villages by a Realtor.

On the other hand, Realtors ARE allowed to sell new or pre-owned homes in The Villages, even if the pre-owned homes are listed by the developer. But here's the catch - if a Realtor does sell a developer listed home, new or pre-owned, the developer will NOT compensate the Realtor - no commission split. This is the developer's way of trying to control Buyers, misleading the general public and discouraging Realtors from showing the developer's listings.

Many Buyers are turned off by this tactic, desire to work only with a Realtor, and it can be done.
0 votes Thank Flag Link Mon Feb 4, 2013
A Realtor that belongs to the MLS can show any property in the area thats listed on the mls. Now the VLS which is (village listing service ) are all >in house listings< the villages have for their (sales agents ) they're not realtors, being a realtor is a designation obtained with education and belonging to the national association of realtors.Having a buyers agent to work with thats a realtor will protect YOUR interest in buying a home and can work along side of you and a sales agent that works FOR the villages.
0 votes Thank Flag Link Mon Nov 12, 2012
Unfortunately not. A VLS agent can only show you VLS listings and an MLS agent, MLS ones. You are advised to work with a VLS agent AND an MLS agent too.

Hope that helps
0 votes Thank Flag Link Sun Nov 11, 2012
The VLS And MLS do not have a Co-Brokerage agreement. This means that they do not have an agreement to sell each other's listings. An agent who works for The Villages(VLS) works for the developer and is not a "Realtor". An agent who belongs to the MLS is a "Realtor" meaning they must become a member of the Board of Realtors to use the trademarked name of "Realtor". The difference is that the agent who belongs to the MLS must adhere to a strict Code of Ethics that is enforced by the Board of Realtors. If a buyer or seller feels that they have been wronged by an agent who belongs to the Board of Realtors they have recourse by reporting this agent to the "Board" and may have a chance of restitution. The Villages agents do not belong to the Board of Realtors and legally cannot use the trademarked name of "Realtor". If you feel you have been wronged by a Villages agent "VLS" you must take your complaint directly to the Real Estate Commission for restitution.
Flag Sat Oct 25, 2014
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