Does Nomad list properties on the MLS?

Nomad does not use the MLS (Multiple Listing Service) to list rental properties. Here are the key reasons why:

  1. Target Audience: Most potential renters search for homes on popular public sites like Zillow, Trulia, and HotPads, which are more directly targeted towards rental markets.
  2. Nature of MLS: The MLS is primarily used by real estate brokers for buying and selling properties, not for rentals, which limits its effectiveness for rental listings.
  3. Costs and Commissions: Listing on the MLS could incur additional costs, including potentially high commissions to renters’ agents, which would be an extra burden on property owners on top of Nomad’s fees.
  4. Cost Efficiency: The operational costs of using the MLS do not align with Nomad’s fee structure, making it a less viable option.