Editing Multiple listing service (section)

{{Short description|Real estate listing information}}
{{More citations needed|date=May 2008}}
A '''multiple listing service''' ('''MLS''', also '''multiple listing system''' or '''multiple listings service''') is an organization with a suite of services that [[real estate broker]]s use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.  A multiple listing service's database and software is used by [[real estate broker]]s in real estate (or in other industries, for example, aircraft brokers<ref>{{cite book |last1= Vasigh |first1= B. |last2= Taleghani |first2= R. |last3= Jenkins |first3= D. |title= Aircraft Finance: Strategies for Managing Capital Costs in a Turbulent Industry |publisher= J. Ross Pub. |series= J Ross Press Series |year= 2012 |isbn= 978-1-60427-071-6 |url= https://books.google.com/books?id=duKhyqEwEBgC&pg=PA256 |access-date= October 18, 2018 |page= 258}}</ref>), representing sellers under a [[listing contract]] to widely share information about properties with other brokers who may represent potential buyers or wish to work with a seller's broker in finding a buyer for the property or asset. The listing data stored in a multiple listing service's database is the proprietary information of the broker who has obtained a listing agreement with a property's seller.