Why is there no MLS in Costa Rica?

Why is there no MLS in Costa Rica?

AUTHOR: Kevin Champagne

When searching for their perfect bit of real estate in Costa Rica, many potential buyers need to contact several realtors to get an accurate view of the available properties. Many companies have tried to create an official Costa Rica MLS (Multiple Listing Service). Still, they have yet to deliver on the promise of offering a complete purview of what is available for sale in Costa Rica real estate. 

What happens here instead is that brokers will have their websites listing the properties available for sale in their region. My company’s website, OsaTropicalProperties.com, is a very reliable source for listings in the South Pacific Costa Rica region known as Costa Ballena. This area of Costa Rica includes Dominical, Uvita, Ojochal, and the surrounding satellite towns. We have often been told that ours is the closest website to an MLS in this region as it is the most detailed, up-to-date, and user-friendly real estate website in Costa Ballena.

Our independent local brokerage manages Osa Tropical Properties’ website. We invest a lot of time and money into our website, the highest-ranking website dedicated to real estate in Costa Ballena (according to web ranker, SimilarWeb). We create detailed listings for our clients, including sophisticated property descriptions, professional home photography, drone photography, high-quality video tours of our clients’ properties for sale, and other unique content about this region. Users of our website also have access to our high-powered search capabilities and well-defined filters that make finding the perfect property in Costa Ballena much easier. 

Although we consider our website to be a comprehensive overview of the properties available for sale in Costa Ballena, there are properties that we will not choose to list. Some reasons not to list a property include a lack of access to utilities, improper title, or even a highly inflated sales price. 

These deal-breaking issues make specific properties virtually unsellable until resolved. We choose to spare buyers the heartbreak of putting their hopes into a property that we cannot ethically sell in the state that it is in currently, even though it may still be listed for sale elsewhere.

Osa Tropical Properties realtors are bound to a code of ethics through our certifications with the Costa Rica Real Estate Board (CCCBR). We have standard contracts and practices allowing other realtors to present our listings to their clients without a conflict of interest. Our office offers high exposure to listings for sale through a network of strongly ranked real estate websites. 

We are one of the few companies in all of Costa Rica that produces quarterly market reports showing the state of our local real estate market, including sales figures, average prices, and our predictions for the coming months. 

House in Ojochal
House in Ojochal

It takes an experienced eye with years of practice to value property for today’s real estate market in Costa Ballena. Our office has listed thousands of properties since we opened in 2004. Currently, no algorithm could replicate the knowledge base of a reliable local agency with ample experience like ours. We invite you to contact our expert team of realtors to learn more about how we can help make your search much more straightforward.

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Need help planning your next trip to Costa Rica? We look forward to help you!

Email: carlos@ballenatales.com
Phone: +(506) 8946 7134 or +(506) 8914 1568
Skype: ballenatalestravel

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