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Real Estate Agents. The Owner-Seller Option. The Selling Process. Tax Consequences. Definitions A-O. Definitions P-Z. Key Takeaways A multiple listing service MLS is a database established by cooperating real estate brokers to provide data about properties for sale.
A multiple listing service helps real estate agents and brokers connect by consolidating and sharing information while sharing commissions. A listing agreement is a contract between a property owner and a real estate broker authorizing the broker to represent the seller and find a buyer.
Open House Open houses are periods of time in which houses or other dwellings are available to be viewed by potential buyers.
Pocket Listing A pocket listing is a real estate listing that is retained by a listing broker or salesperson and not distributed or shared among any of their peers. Exclusive Listing An exclusive listing is an agreement in which one real estate broker is authorized to act as the sole agent of the seller. There are two types of exclusive listings.
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