NationalBLS is an online portal service linking pre-approved residential real estate buyers with agents. It's a marketplace where buyers anonymously post their requirements to the web and receive information about properties for sale from sellers. It prides itself on being "real estate in reverse."
NationaBLS listS pre-approved buyers instead of sellers. Buyers register online, specifying their budget, the number of bedrooms, bathrooms, home type, square footage, and lot size they are looking for. Once authenticated, these requirements are anonymously published to the site's buyer list. Sellers can search these listings and when they find a buyer match, they can send the buyer a private email promoting their property. NationalBLS provides a central marketplace. Any offer through the site is non-binding, but is a starting point for negotiations.
This is where agents come in. National BLS is agent friendly, helping agents manage their clients, and close more transactions. Agents are linked to the accounts of their clients, and are able to see and track all communication to and from your client. They help you promote your professional services, and they even help you find new clients who are looking for homes in your area. National BLS has a "Find a Local Agent" feature for buyers and sellers. Once you have registered as an agent in your local area, you are immediately searchable.
National BLS does not affect the final offer price or commission structure. Buyer and sellers are encouraged to get the assistance of a real estate agent to close the deal.