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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | 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