Which organization defines MLS as a voluntary real estate information service?

Which organization defines MLS as a voluntary real estate information service?

• A. CREA
• B. MB Real Estate Board
• C. NAR
• D. REALTOR.ca

Answer: (A)

MLS stands for Multiple Listing Service, a cooperative real estate information system used by brokers to share property listings. In Canada, the organization that defines MLS as a voluntary real estate information service is the Canadian Real Estate Association. CREA coordinates the national MLS framework and also operates REALTOR.ca, the public listing portal. Local boards, like the Manitoba Real Estate Board, participate in MLS but don’t define what MLS is. The National Association of Realtors operates in the United States and defines MLS within that market, not Canada. So CREA is the organization that defines MLS as a voluntary real estate information service.

MLS stands for Multiple Listing Service, a cooperative real estate information system used by brokers to share property listings. In Canada, the organization that defines MLS as a voluntary real estate information service is the Canadian Real Estate Association. CREA coordinates the national MLS framework and also operates REALTOR.ca, the public listing portal. Local boards, like the Manitoba Real Estate Board, participate in MLS but don’t define what MLS is. The National Association of Realtors operates in the United States and defines MLS within that market, not Canada. So CREA is the organization that defines MLS as a voluntary real estate information service.