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Showing posts with label Multiple Listing Service. Show all posts
Showing posts with label Multiple Listing Service. Show all posts

Tuesday, December 23, 2014

MLS: Cooperation in Competition

The Multiple Listing Service (MLS) is like a guild for real estate brokers. It's where they gather and share information about real estate properties for sale, and put it up in their databases for buyers to see. In exchange, brokers agree to compensate each other for providing the details, usually a portion of their commission.