The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MULTIPLE LISTING SERVICE (MLS) Definition & Legal Meaning

Definition & Citations:

A marketing organization of member brokers agree to co-own their listing agreements with each other to improve procuring more quickly than they could on their own ready, willing, and able buyers for their listings. Exclusive right-to-sell or exclusive agency listings are accepted from their member brokers by most multiple listing services.


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