MLS in real estate stands for multiple listing service, the platform that real estate agents use to list properties for sale and find homes for buyers. The listing and buyer’s agents participating in the MLS agree to share commission when properties are sold. Although people often refer to the MLS as a single entity, there…

Barbara Marquand writes for NerdWallet. Email: bmarquand@nerdwallet.com. Twitter: @barbaramarquand.

The article What Is MLS in Real Estate? originally appeared on NerdWallet.

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