What is the Multiple Listing Service?
A multiple listing service (MLS) is a cooperative organization of real estate brokerages that work together to better serve buyers and sellers.
Through the MLS, member brokerages share property listings in a centralized database. This collaboration allows real estate professionals to access and distribute accurate, up-to-date information about homes for sale, creating a more open and transparent real estate marketplace.
The MLS centralizes residential real estate listings, so buyers and sellers have access to current, accurate information about homes on the market, the homes’ values, and other relevant details. When sellers list a property through the MLS, it ensures maximum visibility for the home among possible buyers and their real estate brokers. This means both buyers and sellers can make informed real estate decisions. And they can be confident that their brokers are part of a network that provides professional, ethical service to their clients.
MLS's are a powerful force for competition. They level the playing field so that the smallest brokerage in town can compete with the biggest multi-state firm. Buyers and sellers can work with the professional of their choice, confident that they have access to the largest pool of properties for sale in the marketplace.
Real estate information on the Internet is readily available. Consumers can access and view all publicly available listing information on the website of their broker of choice or other sites that show MLS listing, such as zillow, reatlor.com, etc.
The National Association of Realtors (NAR) encourages innovation and competition in real estate brokerage, including different business models. NAR members are affiliated with real estate brokerage firms that operate using various business models, including full service, limited service, fee-for-service, and discount (regardless of the level of service).
See information about new real estate practice changes and other information related to MLS's
To List your Property, CLICK HERE to REQUEST AN MLS LISTING
Email with any questions at mls@list4flatfee.com or call 425-344-6779
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