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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.
Traditionally, when a home seller hired a real estate agent to represent their listing, the seller agreed to pay a commission. The national average has been about 5 percent of the home’s sale ...
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
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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.
Formerly the Triangle Multiple Listing Service, Doorify MLS aims to bring “transparency” to real estate market amid sweeping changes.
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Santa Clara, California.It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users.
RETS is a framework that can be adopted by computer systems to receive data from the multiple listing service (MLS) servers, as well as those of other real estate systems, provided they also have software installed designed to communicate using the RETS framework. The National Association of Realtors refers to RETS as a "common language". [3]