Real Estate Term
MLS (Multiple Listing Service)
A database system used by real estate professionals to share information about properties for sale.
What is MLS?
The Multiple Listing Service (MLS) is the shared database real estate professionals use to list properties for sale and access details of active and recently sold homes. Listing on MLS gives a property the widest possible exposure to agents and buyers across the market. Agents also use MLS sold data to price listings and support offers.
Frequently asked questions
Related terms
ListingA property that is available for sale, marketed through a real estate brokerage.Listing AgentThe real estate agent who represents the seller in a property transaction.Exclusive ListingA listing agreement giving one brokerage the sole right to sell a property for a specified period.Comparative Market Analysis (CMA)An analysis of recently sold properties similar to the subject property, used to determine market value.Buyer's AgentA real estate agent who represents the buyer in a property transaction.
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