Multiple Listing Service (MLS)

A service created and run by real estate professionals which gathers all of the property listings into a single place so that purchasers may review all available properties from one source. This service offers the widest exposure to properties listed for sale.

The MLS also deals with commission splitting and other relations between brokers and agents, this computer-based service provides real estate professionals with detailed listings of most homes currently on the market. Much of the information can now be obtained by the public through websites like Realtor.com.