What You Need to Know When Reading an Alaska MLS

Posted by Dan Wolf on Wednesday, June 18th, 2014 at 9:48am.

Knowing what to look for in an Alaska MLS is an important part of the home buying process. An Alaska MLS (Multiple Listing Service) is a list of real estate properties that are updated daily and made public by millions of licensed real estate agents. If you are looking for a property to buy, the Alaska MLS is the place to look.

Every home is individually listed in the Alaska MLS. At first, the Alaska MLS may look daunting and a bit intimidating but with these easy 6 Alaska MLS tips, you'll find your dream home in no time.

What You Need to Know When Reading an Alaska MLS

#1: MLS Number, Listing Price and Status

The first thing you need to do is read the MLS number, the listing price and the status of the listing. To find these items look at the top of the Alaska MLS listing. The Alaska MLS number helps you identify the property. You can also find out if the listing is closed, current or active. This information is important, as there is no point in going after a property that has recently been sold.

#2: Construction and Location of Property

It is important to take the time to read all of the relevant information about the construction and location of the property. This information can be found in the next section of the listing. The location includes the city, township, zip code, school district, land plot area and lots of other information like where the nearest intersection is. The Alaska MLS listing should also give the year the property was built or when it should be completed. If the building is still in construction, the name of the builder should be stated.

#3: Sizes of Rooms

The next thing you need to know about an Alaska MLS listing are the sizes of the rooms. In the Alaska MLS, you will find pictures of the rooms, which will help you determine the sizes of the rooms along with a description on how the house looks overall. In this section, you can also find out how many bathrooms the house is built with and whether or not the house has a basement, garage or fireplace.

#4: Amenities

When reading an Alaska MLS listing you'll need to know which amenities the house will come with when you purchase it. As a homebuyer, you don't want to assume the house comes with everything shown in the pictures. You also don't want to assume the house comes with nothing. Each room will be marked in bold and listed with a brief description of the size and amenities of the room.

#5: Utility Features

The fifth thing you'll need to know when reading an Alaska MLS listing is how to determine the utility features of the property. This can include the sewage and water systems, fuel and gas sources, the types of heating and cooling that the home uses. In this section, you will also learn more about the mortgage of the home and whether or not you will be required to pay apartment or homeowner association fees.

#6: Request a Viewing

The last thing section you should pay extra attention to is how to request a viewing of the home. Don't depend on the pictures. If the Alaska MLS listing looks like it has potential to be your dream home, take the time to request a viewing with the real estate agent.

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