What Is Multiple Listing Service (MLS)?
A database maintained by local real estate boards where members list properties for sale. The MLS allows agents to share property information with other brokers and agents, significantly expanding market exposure and giving buyers access to comprehensive property listings.
Multiple Listing Service (MLS) across 2 exams
Multiple Listing Service (MLS) appears on the following exams. Each defines it in the context candidates are tested on:
- Real Estate
- A database maintained by local real estate boards where members list properties for sale. The MLS allows agents to share property information with other brokers and agents, significantly expanding market exposure and giving buyers access to comprehensive property listings.
- NC Broker
- A cooperative system used by real estate agents to share information about properties for sale. The MLS allows brokers to coordinate on the marketing and sale of listed properties for wider exposure.