Multiple Listing Service Mls


Definition of "Multiple Listing Service (MLS)"

Janine Monfort
  South Bay Realty

An information and referral network among real estate agents that pools all properties offered into a common offering list. If a sale results, the listing broker and the selling broker split the commission. The members of a MLS receive the benefit of better sales exposure, which, in turn, means a better price and a faster sale.


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