Multiple Listing Service (MLS)

A service provided by a group of real estate brokers. They band together to create a Multiple Listing Service that allows each of them to list each other's houses. Under this arrangement, the listing broker and the selling broker split the commission for each sale.

Most Multiple Listing Services print a book with all of the houses for sale within the service on a regular basis. The book is distributed to each member of the service either in print or online. Customers benefit from the increased exposure of their home among the members of the service.


Investment dictionary. . 2012.

Look at other dictionaries:

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  • Multiple Listing Service — A Multiple Listing Service (MLS) (also Multiple Listing System or Multiple Listings Service) is a group of private databases which allows real estate brokers representing sellers under a listing contract to widely share information about… …   Wikipedia

  • Multiple Listing Service — Este artículo o sección necesita referencias que aparezcan en una publicación acreditada, como revistas especializadas, monografías, prensa diaria o páginas de Internet fidedignas. Puedes añadirlas así o avisar …   Wikipedia Español

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  • multiple listing service — A computer based service, commonly referred to as MLS, that provides real estate professionals with detailed listings of most homes currently on the market. The public can now access much of the information through websites like www.realtor.com.… …   Law dictionary

  • multiple listing service — (MLS)  Cooperative real estate system advertising each company’s properties …   American business jargon

  • Buyer listing service — A Buyer Listing Service ( BLS ) is a system designed to gather relevant information, via data entries by a prospective home buyer, her real estate Buyer Agent , or both, concerning the Buyer s financial qualifications regarding a home purchase… …   Wikipedia

  • MLS — noun a master s degree in library science • Syn: ↑Master of Library Science • Hypernyms: ↑master s degree * * * abbreviation microwave landing system * * * Real Estate. Multiple Listing Service. * * * MLS (no periods), Macrowave Landing System …   Useful english dictionary

  • MLS — Multiple Listing Service (Business » Firms) Multiple Listing Service (Community) *** Major League Soccer (Community » Sports) * Multi Level Security (Governmental » Military) * Multi Level Security (Computing » Security) * Microwave Landing… …   Abbreviations dictionary

  • MLS (значения) — MLS: Major League Soccer MLS, высший дивизион системы футбольных лиг в США и Канаде. Multiple Listing Service[ru] мультилистинговая система, электронная база данных предложений по продаже недвижимости. Microwave Landing System Микроволновая… …   Википедия

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