Guaranteed rent. Guaranteed peace of mind.
clear img
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Why Using the MLS for Rentals is a Waste of Time and Money

Property management tips
Leasing tips
Why Using the MLS for Rentals is a Waste of Time and Money
Income guaranteed even before we find your tenant
clear img
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Thinking of using the Multiple Listing Service (MLS) for your rental properties? Think again. 

Despite what real-estate agent influencers say, here's why the MLS might be more trouble than it's worth for rentals:

1. Sky-High Costs

The MLS comes with a hefty price tag—typically around $500 per listing. This cost dwarfs the fees of other platforms; posting on Zillow or Apartments.com is often free or a fraction of the MLS price. For small landlords, this expense can quickly eat into profits. Is it really worth the cost when more affordable (and often free) alternatives exist?

2. Unnecessary Complexity

Listing on the MLS isn't straightforward. It often requires a licensed real estate agent or agency, adding extra steps and complexity. Do you need this hassle for a rental? The time spent navigating this system could be better used on other aspects of property management or listing on platforms with more traffic.

3. Not Built for Rentals

The MLS was designed specifically for property sales, not rentals. This fundamental mismatch means that most MLS users are searching for properties to buy, not rent. The platform lacks features tailored to rental listings, potentially leaving your property poorly represented. With minimal rental-focused traffic, your listing is essentially lost in a sea of for-sale properties, drastically reducing its visibility to potential renters.

4. Redundant Audience

Here's the kicker: MLS users are likely already searching other platforms like Zillow. You're not reaching a new audience—just paying more to reach the same people twice. Since a majority of traffic is on other platforms, it doesn’t make sense for rental agents to only list on the MLS, so the platform ends up serving a redundant audience. 

5. Limited Reach

The biggest issue is that most renters don't use the MLS directly. A regular user doesn’t have entry to the platform or would prefer to go with user-friendly platforms like Zillow, Trulia, or Apartments.com. Why pay a premium for less exposure? These popular rental sites are not only more accessible but also offer features specifically designed for renters, making them a more natural choice for your target audience.

The Bottom Line

For rentals, the MLS is overkill. It's expensive, complex, and doesn't reach your target audience effectively. Instead, focus on platforms designed for rentals. They're more cost-effective and better at connecting you with potential tenants.

Remember: in the rental market, it's not about the widest net—it's about the right one. Don't let the MLS become your money pit. 

By choosing higher-traffic rental-specific platforms, you can save money, time, and reach more qualified potential tenants directly.

Get my free estimate

Earn guaranteed rental income with Doorstead, we’ll manage your property, and do everything else.

Get my free estimate
Discover more stories
Doorstead versus competitors: how Doorstead is different from other property managers in 2024
Proptech
Rent guarantee

Doorstead versus competitors: how Doorstead is different from other property managers in 2024

When it comes to choosing a property management company in 2024, it's crucial to understand what sets each provider apart. While many companies offer similar services, there's one
The power of Doorstead's Rent Guarantee: success stories from two homeowners
No items found.

The power of Doorstead's Rent Guarantee: success stories from two homeowners

Investing in real estate can be a great way to build wealth, but managing a rental property can also be a significant hassle. Dealing with tenants, maintenance issues
Tips for managing a rental property remotely with ease
How to rent out your home
Property management tips
Rent guarantee

Tips for managing a rental property remotely with ease

Managing rental properties remotely has become increasingly important for property owners seeking to maximize their investments while maintaining flexibility.