Q & A -- Flat Rate Realtor Listings

What is a multiple listing service (MLS)?

            Broadly speaking, a multiple listing service (MLS) is any site that has many listings of properties for sale.  It's a generic term.  However, real estate brokers and agents have established local MLSs through their associations to facilitate sales by making all broker's listings available to all other brokers to sell.  They then share the commissions earned.  Usually half the commission goes to the listing broker and half to the selling broker.  Most states have several of the local MLSs within the state.