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


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