What is the Multiple Listing Service (MLS)?
Our Multiple Listing Service (MLS) is the Metrotex Association of Realtors. We list your property in the electronic MLS system with information about your home, up to 36 pictures, required addendums, Sellers Disclosure and links to internet sites and videos. An MLS is a private electronic central clearinghouse for Real Estate Brokers and Agents to cooperate with each other to buy and sell homes.
Much of the data gathered is not available to the general public. The MLS is where the 3% Buyer’s Broker Commission is advertised as an incentive for cooperation from other Agents and Brokers and where historical sales history for past home sales is housed. When your home becomes “Active” in MLS it is listed and available for showing by other Real Estate Agents helping buyers find homes. This is where buyer Agents find information on commissions, features, showing requirements, and terms and price.
From there, publicly available information is transmitted to public sites such as Zillow, Realtor.com, Broker sites, etc.
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