An organization that facilitates listing sharing among brokers is known as?

A Multiple Listing Service (MLS) is a crucial tool in the real estate industry, designed specifically to aid in the sharing of property listings among real estate brokers. This service enables brokers to collaborate by allowing them to market properties on a unified platform, where various agents can access listings from different brokers across the region.

By participating in an MLS, brokers can expand their reach, giving their clients greater access to more properties and increasing the likelihood of closing deals. An MLS typically includes detailed information about properties, including pricing, descriptions, and photos, making it a valuable resource for both brokers and homebuyers.

Other options, such as a Real Estate Association, may focus more on advocacy, education, and networking for professionals, rather than specializing in the sharing of listings. A Brokerage Network refers to the connections and collaborations among independent brokerages, but does not specifically denote a formal platform for listing sharing. Similarly, a Property Exchange is a more general term that does not accurately capture the specific function and significance of an MLS in facilitating listing sharing among brokers.