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2. What is the MLS, and how does it work? - AOL

   www.aol.com/finance/mls-does-165037677.html

   When real estate agents list a property for sale, they add it to the MLS database, allowing all agents and brokers in the region who have access to the system to review the listing. Buyers ...

3. Multiple listing service - Wikipedia

   en.wikipedia.org/wiki/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.

4. Flat-fee MLS - Wikipedia

   en.wikipedia.org/wiki/Flat-fee_MLS

   In a flat fee MLS listing, the listing agreement between the real estate broker and the property owner typically requires the broker to enter the property into the MLS and provide other contracted services, with the broker acting as what the traditional industry has coined a "limited service broker". However, the flat fee industry prefers the ...

5. Real Estate Definitions Every Seller Should Know - AOL

   www.aol.com/news/2010-09-14-terms-every-seller...

   Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...

6. Real estate business - Wikipedia

   en.wikipedia.org/wiki/Real_estate_business

   A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

7. Real estate agents and brokers - Wikipedia

   en.wikipedia.org/wiki/Listing_agent

   Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...