A Multiple Listing Service (MLS) (also Multiple Listing
System or Multiple Listings Service) is a group of private
databases which allows real estate brokers representing sellers
under a listing contract to widely share information about
properties with real estate brokers who may represent potential
buyers or wish to cooperate with a seller's broker in finding
a buyer for the property. There is no single authoritative
"MLS", and no universal data format. The many local
and private databases--some of which are controlled by single
associations of realtors or groupings of associations (which
represent all brokers within a given community or geographical
area) or by real estate brokers--are collectively referred
to as the MLS because of their reciprocal access agreements.