What is the "MLS" in real estate?

The term "MLS" stands for Multiple Listing Service, which is a cooperative database used by real estate professionals to share information about properties that are for sale. This service enables agents to access a comprehensive list of available properties, which they can then present to potential buyers. The MLS facilitates collaboration among agents, allowing them to market their listings to a wider audience and providing buyers and sellers with a centralized resource to find real estate opportunities.

Overall, the Multiple Listing Service is essential for conducting efficient and effective real estate transactions, as it enhances visibility for sellers and provides a robust selection for buyers. It helps streamline the process of buying and selling homes, making it a fundamental part of the real estate industry.