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What is MLS®
The MLS® system,
also known as the Multiple Listing Service® is a complex
information-sharing and cooperative marketing network created by REALTORS®
to help the public buy and sell homes.
The Multiple Listing Service®
or MLS® is a member based service, paid for by the REALTOR®
members of the local real estate Board. The MLS® mark symbolizes
the cooperation among REALTORS® to effect the purchase and sale
of real estate, and is much more than a database of property information. It
is the local real estate Board that actually administers and operates the
local MLS® system. MLS® makes the real estate industry
unique by encouraging a high degree of cooperation among salespeople. MLS®
allows for cooperation between all REALTORS® no matter which
company they work for.
The MLS® system
provides REALTORS® with access to much more detailed information
than you'll find on a web site. MLS® information will include
room-by-room measurements and specifics on the property condition,
renovations, appliances, property zoning and rental rates. Through the
system, REALTORS® can also access the sales history of a home in
order to see how many times it has changed hands and at what prices.
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