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The Multiple Listing Service® Anyone who has even a passing interest in the real estate market has seen or heard the term ‘MLS®.' But few consumers know exactly what MLS® is, or understand the important role it plays in the real estate industry. The MLS® system, also known as the Multiple Listing Service® is a complex information-sharing and cooperative marketing network created by REALTORS® several decades ago to help the public buy and sell homes. While it is computer based today, it began as an exchange of paper listing information and photographs. The Multiple Listing Service® or MLS® is a member based service, paid for by the REALTOR® members of the local real estate Board. The MLS® mark symbolizes the cooperation among REALTORS® to effect the purchase and sale of real estate, and is much more than a database of property information. It is the local real estate Board that actually administers and operates the local MLS® system. The Canadian Real Estate Association owns the trademark, and licenses its use to Boards and Associations across Canada. MLS® makes the real estate industry unique by encouraging a high degree of cooperation among salespeople. For example, if you're shopping for a car and you visit a local dealer, the salesperson's goal is to sell you a car from that car lot. They won't provide you with information on cars available at other competing dealerships. In the real estate industry, the opposite is true. MLS® allows for cooperation between all REALTORS® no matter which company they work for.  Miami South Florida MLS Search