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What Is The MLS? All About The Multiple Listing Service | Real Estate Skills

Real estate brokers & agents provide a convenient way of searching, buying, and selling properties. That’s because brokers & real estate agents have unique skill sets and access to industry-specific listing services like the Multiple Listing Service.

 

What Does MLS Mean in Real Estate? 

In real estate, the ‘MLS’ stands for Multiple Listing Service. The MLS is an online software that brokers & agents utilize to establish contractual compensation offers, accumulate, and even disseminate the information required for appraisals. In simpler terms, it is a database of relevant information on homes or properties for sale in a particular region. 

Using this database, real estate agents find the right properties or homes to show prospective buyers with ease. The information contained in this database also plays a very crucial role when it comes to making offers and negotiating real estate deals. 

 

When was the First Multiple Listing...

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