For those who are unfamiliar with what is and how an MLS works; MLS stands for Multiple Listing Service. Flex MLS in Puerto Vallarta is a tool that all of the major agencies and agents use to list and sell their client’s properties.
In 2019, 52% of sales were deals made between agencies, which means one agency represented the seller of a property, and another agency represented the buyer of that property.
The concept of working together to share properties and clients is one of the most important reasons why buying a property in Puerto Vallarta is so easy. A buyer does not have to go from agency to agency to find the perfect property for them, instead, they can go to one agency, and an agent from that agency can provide them access to every other agent’s listings across Banderas Bay.
Another extremely important benefit of buying a property through Flex MLS is that all of the properties uploaded into the system have been vetted by an MLS administrator. This is a unique service that only AMPI Vallarta, Nayarit, and Compostela provide as part of AMPI membership in our region.
For a buyer, this means, that the property has been reviewed to identify that the seller of the property has the legal capacity to do so. This oversight includes a review of the deed, the property tax situation, if the property has been manifested to represent the actual construction that has been built, and more.
Currently, Flex MLS covers the Banderas Bay region, but it also extends as far east as Guadalajara, as far south as Barra de Navidad, and as far north as San Blas in Nayarit. As the three AMPI chapters expand service areas of the MLS, we are able to provide even more benefits to buyers and sellers.
FBS is the creator of Flex MLS, and provides services not only in Mexico, but also in Canada, Honduras, the United States, Ireland, and Venezuela, which makes our system internationally reaching, and that much more powerful as a tool to sell a property.