what does mls number mean in real estate
Multiple listing service A multiple listing service (MLS, also multiple listing system or multiple listings service) is a suite of services that real estate brokers use to establish contractual offers of compensation (among brokers) and accumulate and disseminate information to enable appraisals. A multiple listing service's database and software is used by real estate brokers in real estate (or aircraft broker[citation needed] in other industries for example), 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.
Milli- Milli- (symbol m) is a unit prefix in the metric system denoting a factor of one thousandth (10âˆ’3).[1] Proposed in 1793[2] and adopted in 1795, the prefix comes from the Latin mille, meaning "one thousand" (the Latin plural is milia). Since 1960, the prefix is part of the International System of Units (SI).