Real Estate Word of the Day: Multiple Listing Service
Posted by Tom Crimmins Realty on
Real Estate Word of the Day: Multiple Listing Service
Multiple Listing Service, often abbreviated as MLS, is a comprehensive database system utilized by real estate professionals to share information about properties available for sale or rent. It serves as a centralized hub where agents and brokers can access detailed listings of properties across a particular region.
Imagine an MLS as a vast network connecting real estate professionals, enabling them to collaborate and streamline the process of buying and selling properties. When a seller decides to list their property with a real estate agent, pertinent details such as the property's location, size, features, and asking price are entered into the MLS database.
This information becomes…189 Views, 0 Comments