An organization of member brokers who agree to cooperate in the sale of properties listed by other brokers in exchange for a share of the broker's resulting commission is called what?

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21-01-2020
Business

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An organization of member brokers who agree to cooperate in the sale of properties listed by other brokers in exchange for a share of the broker's resulting commission is called what?

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rejkjavik rejkjavik · Answer 1 · 2020-01-21T06:45:46+01:00

Answer:

Multiple listing service

Explanation:

Multiple listing service is services that incorporated by a broker to collect information about any property.

The purpose of this service is to provide the details to a broker about the property listing by the seller.

Different tools are used by the broker that shows the listing of the seller of a property to share the detail information about a property to find any potential buyer.