Multiple Listing Services (MLS)
Millions of dollars have been spent in the creation of Multiple Listing Services (MLS) to facilitate the sleek conduct of real estate transactions. The service compiles details for real estate available for sale by broker...
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Multiple Listing Services (MLS)
Millions of dollars have been spent in the creation of Multiple Listing Services (MLS) to facilitate the sleek conduct of real estate transactions. The service compiles details for real estate available for sale by broker members and this can be easily accessed online by other brokers and agents. The whole selection of properties available for sale can be presented to potential buyers. The underlying principle is collaboration between brokers who help to sell each others property in substitution for appropriate compensation. The advantage for the seller is the fact that their property can be open to a significantly larger selection of prospective buyers. While, the benefit for the buyers is they could get all the relevant information on all the listed properties through a single broker.
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