Multiple Listing
Definition of "Multiple listing"
Multiple Listing is the kind of Listing that is registered by a broker or a real estate agent at the Multiple Listing System (MLS). If a house is directly sold by an owner – the so-called For Sale By Owner (or FSBO) – who is not a real estate agent or a broker, it will not be considered a Multiple Listing because a property can only be listed at the Multiple Listing System (MLS) by a real estate agent or a broker.
RealEstateAgent.com ADVICE:
Since the basic definition of what constitutes a Multiple Listing is directly linked to the Multiple Listing System (MLS) we recommend you read the Multiple Listing System (MLS) definition in our Glossary Terms.
And feel free to use our Real Estate Agent Directory to search for a real estate agent to help you better understand Multiple Listings; after all, they are the ones who created and keep the Multiple Listing System (MLS) running!
Popular Real Estate Terms
Inventory that is marketed and sold by an entity. ...
An Act, passed by congress in order to prevent the practice of redlining and disinvestments in central city areas. Redlining is a practice in which lenders refuse to make loans in certain ...
Wall having an air space between the two sides. A hollow wall is often covered with wallboard that is nailed to the wall studs providing an air space between the two sides. ...
The external covering finish of a structure which protects it from the elements. Exterior finish materials, including shingles, siding, and paints, are design to resist severe weathering ...
Clause in a percentage lease permitting the landlord to cancel a lease and recover the property if the tenant's sales fall below a specified level. Clause in a lease permitting the ...
A real estate broker who lists and sells houses or condominiums, as distinguished from a commercial broker who handles business property. ...
The result of combining two or more parcels of land so that the one large parcel has more value than the sum of the individual parcels. ...
Generally, the escalation clause, often known as the escalator clause, means a provision in a contract enabling an upsurge in prices, bids, or wages. You must understand that they come into ...
Marketing attractive space at the appropriate location at a good time in the correct square footage at a reasonable price or rental charge. An example is the renting out of space for retail ...
Comments for Multiple Listing
Is net listing legal in US St. Croix, VI?
Jun 12, 2019 19:35:53Hello, Jessie! As you probably know, net listings in some states are not accepted, while in other states are discouraged. Digging for the right laws online not only takes a lot of time, but you may not even find what you are looking for, so our advice would be to get in touch with a real estate lawyer or ask a real estate agent from the Virgin Islands. They must know whether this practice is legal or not.
Jun 13, 2019 07:40:16Have a question or comment?
We're here to help.