Brokerage & Agency

Multiple Listing Service (MLS)

A cooperative system in which member brokers share their listings and offers of cooperation with one another.

Quick flashcard

What does Multiple Listing Service (MLS) mean on the Texas real estate exam?

Answer: A cooperative system in which member brokers share their listings and offers of cooperation with one another.

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Multiple Listing Service (MLS) definition

A multiple listing service is a private cooperative among member brokers to pool their listings and offers of cooperation. It gives sellers broad exposure to other brokers' buyers and gives buyers access to many properties through a single source.

It is run by brokers and associations, not by the government.

Source basis

Definition checked against the official sources below on .

On the exam

The MLS is a private broker cooperative for sharing listings, not a government agency or public registry.

Exam trap

The MLS is run by brokers, not the state. It is a cooperation tool, not a licensing body.

Tested in

Real Estate Practice (10 of 80 National)

From definition to recall

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This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.