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Why do Realtors use the MLS instead of other databases – for example the many Internet sites that list homes for sale?

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Why do Realtors use the MLS instead of other databases – for example the many Internet sites that list homes for sale?

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Each home listed on the MLS must include in the listing the compensation amount the buyer is offering to any Realtor who produces the buyer. By using the MLS, Realtors know upfront not only which buyers will compensate them, but how much they will be compensated in the case of a sale.

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