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A homeowner who wishes to sell his home will enter into a listing agreement with his real estate agent. The agreement is a contract to employ the agent to find a buyer for the property at a specified price, within a specified time period. The agent promises to work diligently to find a willing buyer. Upon listing, the property description is entered in the Multiple Listing Service (MLS) data base. This gives the property maximum exposure with all the other agents in the system. This data base is searchable by location, number of bedrooms and baths, and other attributes of the property. Usually a summary of this listing information will be available on the internet.
http://www.well.com/user/jillhill/buying.htm#list |
