What information is typically shared in a Multiple Listing Service (MLS)?

The Multiple Listing Service (MLS) is a comprehensive database used primarily by real estate agents and brokers to share information about properties that are currently for sale. This platform facilitates collaboration among agents, allowing them to list properties with extensive details that other agents can easily access. The information typically includes property descriptions, photographs, pricing, and showing instructions, making it an essential tool for selling real estate.

This database serves a very specific purpose focused on real estate transactions, which is why options like stock market data, homeowners' insurance policies, and property tax rates are not part of the MLS. Stock market data pertains to financial markets, homeowners' insurance policies relate to the protection of property owners, and property tax rates are generally managed by local governments and would not be included in a real estate listing platform.