Multiple Listing Service definition

Multiple Listing Service. A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data processing, technical support, consulting, and other information technology services to real estate brokers and appraisers in connection with the sale and appraisal of real property.
Multiple Listing Service or “MLS” means a cooperative venture by which real estate brokers serving a common market area submit their listings to a central service which, in turn, distributes the information for the purpose of fostering cooperation in and facilitating real estate transactions.
Multiple Listing Service or "MLS" shall mean a facility through which Participants share information about real property listed for sale or rent, or that has been sold or rented, for such purposes as are permitted in the Members' MLS Rules and Regulations.

Examples of Multiple Listing Service in a sentence

  • This includes, but is not limited to, the Multiple Listing Service (MLS), real estate websites, newspapers, etc.

  • Due to rules administered by the local Multiple Listing Service (“MLS”), all details of any transaction that are procured by the Agency may be used for publication in the MLS.

  • To compile and have available all rental information; to schedule appointments for prospective tenants at convenient times; to make continued and xxxxxxx effort to rent the property; to advertise the property as Broker deems advisable in order to locate prospective tenants; submit information concerning the Property to the Multiple Listing Service and to invite other real estate licensees to view and/or show the Property.

  • Authorization is given to the Broker(s) in this transaction to deliver a signed copy to Buyer and to disclose the terms of purchase to members of a Multiple Listing Service, Board of Association of REALTORS® at close of escrow.


More Definitions of Multiple Listing Service

Multiple Listing Service. A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data processing, technical support, consulting, and other information technology services to real estate brokers and appraisers in connection with the sale, lease and appraisal of real property. Rules: The Rules and Regulations of MLS, as amended from time to time, and any operating policies relating to the IDX Data and IDX Brokers promulgated by MLS. Corporation: State Listings, Inc.
Multiple Listing Service. A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data procession, technical support, consulting, connection with the sale and appraisal of real property. Rules: The Rules and Regulations of the RAGPD/MLS, as amended from time to time, and any operating policies relating to the MLS Data and MLS promulgated by RAGPD MLS. The Rules are, at all times, an integral part of the terms of this Agreement. The Rules may include terms and limitations in addition to those set forth in this Agreement. In the event of any inconsistency, the terms of the Rules will govern. The RAGPD MLS may modify the Rules at any time at its sole discretion. Subscriber: Any real estate broker, appraiser, or other real estate related business professional that purchases Multiple Listing Services from RAGPD directly. Subscriber Data: Data relating to real estate for sale, previously sold or listed for sale, including the Broker Reciprocity Database, and data relating to Subscribers, entered into the current system by Subscribers and RAGPD. RAGPD owns the Subscriber Data.
Multiple Listing Service is a means by which authorized Participants make blanket unilateral offers of compensation to other Participants (acting as designated buyer, transaction facilitators, transaction coordinators, or in other capacities defined by Rhode Island law), by which cooperation among participants is enhanced; by which information is accumulated and disseminated to enable authorized Participants to prepare appraisals, analysis, and other valuations of real property for bona fide clients and customers; by which Participants engaging in real estate appraisal contribute to common databases; and is a facility for the orderly correlation and dissemination of listing information so participants may better serve their clients and the public. Entitlement to compensation is determined by the cooperating broker’s performance as a procuring cause of the sale or lease.
Multiple Listing Service. A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data processing, technical support, consulting and other information technology services to real estate brokers and appraisers in connection with the sale and appraisal of real property. Rules: The Rules and Regulations of Realcomp, as amended from time to time, and any operating policies relating to the IDX Data and IDXPs promulgated by Realcomp. Participant: Any REALTOR® who is a principal, partner, corporate officer, or branch office manager acting on behalf of a principal who participates in the Multiple Listing Service by agreeing to conform to the rules and regulations thereof. For purposes of this Agreement, the Participant is the real estate firm or individual whose name and contact information appear on the Signature Page of this Agreement in the section designated “Office Information and Signature.” Participant Data: Data relating to real estate for sale, previously sold or listed for sale, including the Internet Data Exchange Database, and data relating to Participants, entered into Realcomp’s System by Participants and Realcomp. REALCOMP’S OBLIGATIONS
Multiple Listing Service. A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data processing, technical support, consulting and other information technology services to real estate brokers and appraisers in connection with the sale and appraisal of real property. Rules: The Rules and Regulations of NFMLS, as amended from time to time, and any operating policies relating to the IDX Data and IDXPs promulgated by NFMLS. Participant: Any real estate broker, appraiser, or other real estate related business professional that purchases Multiple Listing Services. Participant Data: Data relating to real estate for sale, previously sold or listed for sale, including the Internet Data Exchange Database, and data relating to Participants, entered into NFMLS’s System by Participants and NFMLS. NFMLS’S OBLIGATIONS
Multiple Listing Service or “MLS” may also include the provision of data processing, technical support, consulting, and other information technology services to real estate brokers and appraisers in connection with the sale, lease and appraisal of real property.
Multiple Listing Service. A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data processing, technical support, consulting, and other information technology services to real estate brokers and appraisers in connection with the sale and appraisal of real property. Multiple Listing Service shall however include only such of these services as NAMLS from time to time provides to Participants. Rules: The rules and regulations of NAAR MLS, as amended, at the sole discretion of NAMLS, from time to time with notice to Firm, and any operating policies which are promulgated and amended by NAMLS at its sole discretion, from time to time with notice to Firm.