WHAT IS THE MLS?
Posted by Denise Brown on
When you start the process of buying or selling a property, you come across a lot of acronyms – MLS® being one of them.
MLS® stands for Multiple Listing System. It’s a system established by Canadian real estate boards and associations to make the buying and selling process a little easier on everyone. This cooperative system provides a sort of one-stop-shop, where a multitude of property listings are located in one place.
Let’s look at an analogy involving buying a new car:
Let’s say you have a general idea of the size of vehicle you want, but you’re not sure which make or model is best for your needs. You’ll have to visit multiple dealerships in order to get an idea on pricing and other features for various types of cars. For instance, the…
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