A multiple listing service operates to offer a pooling of listings from a number of real estate firms for member brokers and their agents. MLS members are authorized to show any of the properties in the pool, an arrangement that greatly expands the offerings available to prospective buyers and the marketing of their own listings.

Pooling listings is an offer of cooperation and compensation that benefits all MLS members. Along with this, MLS listings have many benefits such as.

Multiple Listing Services offer a greater exposure for a listed property that could allow for a faster sale and generally a better price due to the wider market range.

Most MLS organizations are now online and all information about the listed property, including updates, can be accessed online by member brokers and their sales agents.

Online system facilitates the creation of the comparative market analysis. The broker need only key in certain relevant information and the computer does the search of comparable properties within the service.

MLS listings allow the listing broker to compensate buyer brokers. Therefore, if the buyer broker is a member of the MLS, he does not have to be a sub-agent but can be reimbursed through the commission paid by the seller.

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