Real estate glossary

MLS (Multiple Listing Service)

Also called: Multiple Listing Service

A shared database of homes for sale that brokers use to market listings to each other and feed listing websites.

The MLS is a private database run by local groups of brokers. When your agent "lists" your home, they enter its details, photos and showing instructions into the MLS so every other participating agent can see it and bring buyers.

Most consumer home-search websites get their listing data from MLS feeds, which is why a home usually shows up online shortly after it is entered.

What it means for you as a seller

Check your MLS listing for accuracy — price, square footage, bedrooms and disclosures. Mistakes there are repeated across every site that shows your home.

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Not legal or tax advice. These explanations are general information to help you follow your own transaction. Laws, forms and customs vary by state and county, and the terms of your own contract always control. For advice about your situation, talk to your real estate agent, a real estate attorney or a tax professional. Last updated .