MSN.com: What is the MLS, and how does it work?
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Whether you're buying or selling a home, you're likely to hear the term MLS, which stands for Multiple Listing Service. The MLS is a platform used by real estate agents and brokers to share information about properties for sale and find available listings for prospective buyers. If you're embarking on a home search or considering putting your home up for sale, your local MLS will likely be an important part of the process.
What is the MLS, or Multiple Listing Service?
In real estate, the MLS is a database of homes for sale in a particular geographic region. When real estate agents list a property for sale, they add it to the MLS database, allowing all agents and brokers in the region who have access to the system to review the listing. Buyers’ agents use the MLS to find homes to show clients. The information listed on the MLS includes pictures and detailed descriptions of the homes for sale. Realtors and brokers pay membership dues to access their local MLS database.
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What is the MLS, or Multiple Listing Service?
In real estate, the MLS is a database of homes for sale in a particular geographic region. When real estate agents list a property for sale, they add it to the MLS database, allowing all agents and brokers in the region who have access to the system to review the listing. Buyers’ agents use the MLS to find homes to show clients. The information listed on the MLS includes pictures and detailed descriptions of the homes for sale. Realtors and brokers pay membership dues to access their local MLS database.
Read More »
