Investor Glossary-multiple listing serviceInvestor Glossary-multiple listing serviceInvestor Glossary-multiple listing serviceInvestor Glossary-multiple listing serviceInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Multiple Listing Service

The HTML to link to this page
 

A Multiple Listing Service, or MLS, is a regional database of properties for sale in a market. Full access is generally limited to Multiple Listing Service members. A given Multiple Listing Service sets its own membership requirements. Multiple Listing Service members are typically restricted to Realtors that are part of the local Realtor association. Today, limited Multiple Listing Service database information is available to the public in man markets via the Internet. For the seller, one of the main advantages of hiring a listing agent is to get the property on the Multiple Listing Service, where other agents will find it any time they do a search for a potential qualified buyer. Typically, every listed property will be found in the Multiple Listing Service. Manhattan is a notable exception, where some firms refuse to participate in the Multiple Listing Service to the detriment of buyers and sellers alike. Critics of the Multiple Listing Service do not dispute its utility, but believe that practices of full service brokerages that restrict access to the Multiple Listing Service are anticompetitive.



Rate this Multiple Listing Service definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, wholly-owned subsidiary, risk management, phantom income, class C shares, deferred tax, minority interest, 1031 exchange, command economy, stock market close, VIX, 144a, average price per share, cancelled check, deferred revenue, 401a, 1035 exchange, EBITDA, required rate of return, debt service coverage, option premium, current ratio, margin rate, open position, limit order, reverse mortgage, FICO score, Zero Cost Collar, covered put, ex-dividend, FTSE, real GDP, liquidity ratio, LIBOR, labor relations, balance sheet, implied volatility, Key Rate Duration, irrevocable trust, diluted share, quality assurance, retained earnings, stock split, inflation, APR, ex-dividend date, dividends payable, annual return, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use