Multiple listing service (MLS)

The Real Estate Dictionary term of the day is, the Multiple Listing Service, is a system that brokers affiliate their selves with to share and coordinate real estate listings with each other.  The Real Estate Dictionary has identified an example of this term. Say you tell a real estate agent that you want a house that is under $200,000 that is three bedrooms and two baths with a pool. The broker will look up all the houses in the system shared by the brokers and agents and from this list they compile a list of houses to show the agent. This system is the most vital part of information sharing in the broker and agent community. Multiple listing service joins brokers together. The Real Estate Dictionary believes that this is a very well established an organized program for searching property. HOME