Multiple Listing

What is a multiple listing? 

A multiple listing is when a homeowner deals with a real estate agent that’s part of a network of other agents working together to sell the property. Each agent involved shares the details of the property with their network of clients and collaborates with other agents to facilitate the sale. 

What is the advantage of a multiple listing service? 

A multiple listing allows the property to be advertised to a wider audience as the property details are shared with multiple real estate agents. Each agent then promotes the property to their own network of clients and contacts, ultimately increasing the chances of finding the suitable buyer. 

How is commission distributed in a multiple listing? 

The commission from the successful sale is paid to the agent you signed with. This commission is then typically shared with the other agents involved in the network. This commission split is prearranged among the agents involved and is often based on agreements within the network or brokerage.