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A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
The Quebec Federation of Real Estate Boards (QFREB), or Fédération des Chambres immobilières du Québec (FCIQ), represents the 12,000+ real estate brokers and salespeople who are members of Quebec's 12 real estate boards. [1] [2]
Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
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The Finance, insurance, real estate and leasing industry employs 218,000 people, [59] including the largest money manager in Canada, Caisse de dépôt et placement du Québec. The Bank of Montreal, founded in 1817 in Montreal, was Quebec's first bank but, like many other large banks, its central branch is now in Toronto.
Later still, QC evolved as the second two-letter non-punctuated abbreviation, making Quebec's abbreviation consistent with other provinces insofar as using letters solely from the name of the province, but not the word "province", as PQ did. [citation needed] New York State and New York City use QB to identify Quebec vehicle licence plates. [5]