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What is the Multiple Listing Service
(MLS)?
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The MLS is a database of
properties currently on the market in
your area. It is a
computer-based
resource used by REALTORs® that lists
and contains descriptions of properties
that are for sale in a particular area.
Real estate brokers share these listing
agreements with one another to procure a
buyer for a property.
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Why use the Multiple Listing Service
(MLS)?
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It is one of the most
effective and proven marketing tools to
sell your property. The MLS accounts
for the greater portion of real estate
sales in the country. There is simply
no better way to gain instant and
widespread exposure for your home than
listing it on the MLS. The majority of
properties sold in the United States and
Canada are sold through the local MLS.
This flat-fee service not only offers
access to local MLS systems but also to
the high-traffic REALTOR.com site. With
85% of homebuyers now using the Internet
to look for homes, it makes sense to
have as much online exposure as
possible.
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NATIONAL
ASSOCIATION OF REALTORS®
2007 FACT SHEET
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WHAT:
The NATIONAL ASSOCIATION OF REALTORS®
, “The Voice for Real Estate,” is America’s largest
trade association, representing 1.3 million members,
including NAR’s institutes, societies and councils,
involved in all aspects of the residential and
commercial real estate industries.
WHO:
Our membership is composed of residential and
commercial REALTORS®,
who are brokers, salespeople, property managers,
appraisers, counselors and others engaged in all
aspects of the real estate industry. Members belong
to one or more of some 1,600 local
associations/boards and 54 state and territory
associations of REALTORS®.
They are pledged to a strict Code of Ethics and
Standards of Practice.
WHY:
Working for America's property owners, the National
Association provides a facility for professional
development, research and exchange of information
among its members and to the public and government
for the purpose of preserving the free enterprise
system and the right to own real property.
The term REALTOR®
is a registered collective membership mark that
identifies a real estate professional who is a
member of the NATIONAL ASSOCIATION OF REALTORS®
and subscribes to its strict Code of Ethics.
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