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What is the multiple listing service?
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9th Dec 2009 by Gary
A lot of people attempt to get complicated when describing what a multiple listing service is, but it's nothing more or less than access to a wide variety of homes listed among a number of brokers representing different firms. It gives everyone selling a home the chance to offer the most options available for what a buyer is looking for, and will compensate, to some degree, the brokerage and agent that sells the home, while also benefiting the agency listing the home. Brokers and real estate agents will typically try to sell homes they've listed themselves, but will use the MLS book when they run out of options and the buyer isn't interested in what they have.
A lot of people attempt to get complicated when describing what a multiple listing service is, but it's nothing more or less than access to a wide variety of homes listed among a number of brokers representing different firms. It gives everyone selling a home the chance to offer the most options available for what a buyer is looking for, and will compensate, to some degree, the brokerage and agent that sells the home, while also benefiting the agency listing the home. Brokers and real estate agents will typically try to sell homes they've listed themselves, but will use the MLS book when they run out of options and the buyer isn't interested in what they have.
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1st Dec 2009 In Canada
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Subjects: multiple listing service,