what is mls in real estate
Multiple listing service
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What is the MLS?
What Is the MLS? The Multiple Listing Service, Explained What is the MLS? Whether you檙e looking to sell or buy a home , you will no doubt encounter the multiple listing service, or MLS. This is, in many ways, the very lifeblood of the real estate business. But just what is the MLS?
What is the difference between an individual and an MLS?
Individual MLSs are privately governed; they are not subject to state or federal supervision. Real estate agents and brokers pay an annual fee to join an MLS, and they might belong to more than one, depending on how many MLSs there are in an agent region. You do not need to join an MLS to be a real estate agent.
How do multiple listing services work in real estate?
Multiple listing services are one of the most effective tools real estate brokers can use on behalf of their sellers. Listing your home through your local MLS makes it available to every member of the MLS in the area. Your home’s MLS listing will contain photos, a selling price, characteristics of the home, its address and all noteworthy features.
Can a real estate agent have more than one MLS?
And they檙e quite territorial: Each regional MLS has its own listings, and agents pay dues to access and post homes on each one. This is why agents who want a broader reach for their clients may become a member of more than one MLS.