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A multiple listing service (MLS) is an organization that real estate brokers use to share information and compensation for properties. Learn about the origin, purpose, benefits, limitations and criticisms of MLS systems in different countries and regions.
Internet Data Exchange (IDX) is an agreement between real estate agents to display MLS properties online across multiple websites. Learn about the rules, pricing, and standards of IDX, and how it differs from Internet Listing Display (ILD).
NAR stands for National Association of Realtors, a professional organization for real estate brokers, salespeople, and others. NAR has over 1.5 million members, sets policies for MLS systems, and lobbies for the industry.
A real estate agent is a person who represents sellers or buyers of real property, usually under a licensed broker. Learn about the categories, licensing, education and representation laws of real estate agents in different countries and states.
While you're not legally required to use a real estate agent to sell your home, there are benefits to working with one. ... but can be as low as 1 percent among discount brokers. “Some agents ...
Compass, Inc. is a public company that operates a residential real estate brokerage in the United States, with about 29,000 agents and a market share of 4.5%. It was founded in 2012 by Ori Allon, Robert Reffkin, and Avi Dorfman, and has acquired several other brokerages and startups since then.
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