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Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The following are approximate tallies of current listings by county. These counts are based on entries in the National Register Information Database as of April 24, 2008 [1] and new weekly listings posted since then on the National Register of Historic Places web site. [2]
Virtual Office Website. A Virtual Office Website ( VOW) is a web site that is used to conduct business activities. One example is a VOW used as a real estate property search site allowing the public to conduct searches of approved multiple listing service properties in a given area under certain conditions. Also see Virtual company .
The National Association of Realtors (NAR) is an American trade association [4] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [5] making it the largest trade association in the United States [6] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
An Internet Data Exchange ( IDX, also known as Information Data Exchange[ 1]) refers to the agreement between listing (Selling) Agents or Brokers and Buyers' Agents to display Multiple Listing Service properties online, across multiple websites (via Real Estate Syndication where the listing Agent/Broker allows a listing to be Syndicated).
Weichert, Realtors is a residential and commercial real estate franchisor founded in Chatham, New Jersey in 1969. Since 1989, the company has been headquartered in Morris Plains, New Jersey. It is a family-owned and operated business led by co-presidents, founder Jim Weichert and James Weichert, Jr, his son. [1]
Real Estate Transaction Standard. Real Estate Transaction Standard (RETS) is a deprecated data standard that was used by the real estate industry in Canada and the United States to facilitate the exchange of data. RETS was launched in 1999 by the National Association of Realtors and related groups. [1]
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