Multiple Listing Service (MLS)
Import real estate listing data for market analysis and tracking
Overview
Multiple Listing Services (MLS) contain critical real estate data—listings, sales, prices, days on market—but this data is often locked inside MLS portals with limited export options. Scoop can import your MLS data to enable AI-powered market analysis, historical tracking, and blending with marketing spend to understand true ROI.
What You Can Analyze
| Data Type | Example Questions |
|---|---|
| Market Trends | "How have prices in this zip code changed?" |
| Inventory | "What's the current months-of-supply by area?" |
| Performance | "Average days-on-market by listing agent?" |
| Pricing | "List-to-sale price ratio by neighborhood?" |
| Marketing ROI | "Revenue generated per $1,000 marketing spend?" |
| Competition | "Market share by brokerage this quarter?" |
Importing MLS Data
Option 1: Scoop Bot (Recommended)
The Scoop bot can automatically extract data from many MLS systems:
- Contact Scoop support to configure MLS integration
- Provide your MLS login credentials
- Specify which reports/data to extract
- Set your sync frequency (daily recommended)
Option 2: Manual Export
Most MLS systems allow some form of data export:
- Log into your MLS portal
- Run your desired search or report
- Export to CSV or Excel
- Upload to Scoop as a new dataset
Option 3: Email Report Forwarding
If your MLS emails reports:
- Forward MLS report emails to your Scoop ingest address
- Scoop automatically processes attachments
- Data appears in your workspace
See Email Automated Imports for setup.
Key Data to Import
Active Listings
Current inventory:
- Property address and details
- List price and original list price
- Days on market
- Listing agent and brokerage
- Property features
Sold/Closed Listings
Historical transactions:
- Sale price and date
- Days on market to close
- List-to-sale ratio
- Buyer's agent and seller's agent
- Concessions and terms
Pending/Under Contract
Pipeline visibility:
- Properties under contract
- Pending sale price
- Expected close date
Expired/Withdrawn
Market feedback:
- Why listings didn't sell
- Price vs. expired inventory
- Seasonal patterns
Snapshotting MLS Data
MLS data changes daily. Scoop's snapshot feature is essential for:
Track Market Trends
- Daily inventory snapshots
- Price change tracking
- Days-on-market evolution
Historical Analysis
- Compare current market to 6 months ago
- Identify seasonal patterns
- Track market cycles
Competitive Intelligence
- Monitor competitor listings
- Track market share changes
- Agent/brokerage performance trends
See Snapshot Datasets for setup.
Blending with Other Data
| Source | Analysis Enabled |
|---|---|
| Marketing Spend | ROI by campaign, channel, or property |
| Google Analytics | Website traffic to listing views |
| CRM (Salesforce) | Lead-to-close conversion |
| Transaction Management | Full deal pipeline |
| Advertising | Cost per lead by property type |
Example: Marketing ROI Analysis
Ask Scoop:
"Show revenue generated from closed deals
versus marketing spend by zip code this quarter"
Best Practices
Daily Snapshots
MLS data changes constantly:
- New listings appear
- Prices change
- Status updates occur
- Properties close
Daily snapshots capture this movement for trend analysis.
Include All Statuses
Don't just track active listings:
- Active (current inventory)
- Pending (pipeline)
- Sold (performance measurement)
- Expired/Withdrawn (market feedback)
Standardize Geography
Ensure consistent geographic coding:
- Zip code or postal code
- City/municipality
- County
- Custom market areas
Track Agent Data
Include agent/brokerage fields for:
- Market share analysis
- Performance benchmarking
- Competitive intelligence
Common Use Cases
Market Analysis
Understand market conditions:
"What's the average list-to-sale ratio by price tier in my market?"
Inventory Tracking
Monitor supply trends:
"Show months-of-supply trend over the past 12 months"
Agent Performance
Benchmark productivity:
"Average sales volume per agent by brokerage"
Pricing Strategy
Inform pricing decisions:
"What's the optimal list price for a 3BR in this zip code based on recent sales?"
Marketing Attribution
Connect spend to results:
"Which marketing channels produced the highest-value closed deals?"
Seasonal Analysis
Plan for market cycles:
"Compare inventory levels and prices: spring vs. fall markets"
MLS-Specific Metrics
| Metric | What It Shows |
|---|---|
| DOM (Days on Market) | Time from list to contract |
| CDOM (Cumulative DOM) | Total time including relists |
| List-to-Sale Ratio | Pricing accuracy |
| Months of Supply | Market balance (buyer's vs. seller's) |
| Absorption Rate | How fast inventory sells |
| Price per Sq Ft | Normalized pricing |
Troubleshooting
Can't Export from MLS
- Check your MLS membership level/permissions
- Some MLS systems restrict bulk exports
- Contact Scoop for bot-based extraction options
Data Quality Issues
- MLS data depends on agent input accuracy
- Verify key fields (price, DOM, status) are populated
- Some fields may be optional in your MLS
Historical Data Limited
- Most MLS systems purge old data
- Start snapshotting now to build history
- Some MLS vendors offer historical data products
Geographic Mismatches
- MLS areas may not match other data sources
- Standardize on zip code when possible
- Create mapping tables for custom areas
Related Resources
- Snapshot Datasets - Track changes over time
- Blending Datasets - Combine with marketing data
- Email Automated Imports
- Google Analytics Integration - Website traffic analysis
Updated 4 days ago