Definition
A cooperative database in which brokers share listing information and offers of compensation.
Example
The listing syndicated from the MLS to the major consumer portals within hours.
Related terms
Frequently asked questions
What does Multiple Listing Service mean in real estate?
A cooperative database in which brokers share listing information and offers of compensation.
How is Multiple Listing Service used in practice?
The listing syndicated from the MLS to the major consumer portals within hours.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.