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Realtors and brokers pay membership dues to access their local MLS. Though it may seem like a modern development, the concept of a multiple listing service actually dates all the way back to the ...
Currently this is the largest MLS in North America, and it has evolved from a county-based system controlled by individual Associations of Realtors operating as members of and under the rules of the National Association of Realtors. By the early 1990s it became apparent that a sophisticated computer-based system was necessary to integrate the ...
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.
On May 27, 2008, NAR and the U.S. Department of Justice reached a favorable settlement, concluding a two-year DOJ investigation (followed by two and a half years of litigation) regarding NAR's multiple listing policy as it pertained to the display of listings from the MLS on brokers' virtual office Web sites, or VOWs.
Certain rules apply to the real estate companies' ability to display each detail about a property. These "display rules" are set by the Multiple Listing Service organization, which generally forms its policy around the recommendations of the National Association of Realtors. Pricing for IDX services is set by MLS boards and third-party vendors.
About Spartanburg Association of REALTORS® The Spartanburg Association of REALTORS® serves MLS subscribers in upstate South Carolina and is a leading advocate for real estate professionals, offering education, resources, and support to its members. The association provides members access to innovative services, programs, education, and ...