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Dothan Real Estate 101 - What does MLS stand for?

By
Real Estate Broker/Owner with CENTURY 21 Key Realty

Delaine McCallister, REALTOR Associate with CENTURY 21 Key Realty, submitted this story for our company blog, http://www.dothanhomesearch.com/

This particular post has to do with what we call the MLS, which is an acronym for Multiple Listing Service. Nearly all of the real estate companies in Dothan are members of the Dothan Multiple Listing Service, Inc., which basically is a central database of all the information on the homes listed for sale by each member company. Here is how it works. Each time a member of the MLS lists a house or other property for sale, with the seller's permission, we list it in the MLS. In doing so, we are offering compensation to other MLS members in the hopes that they will bring a buyer for the listed property. Every real estate agent that works with a company that is a member of the MLS has access to information on all the property listed in the MLS, no matter which company has it listed.

Read more at dothanhomesearch.com