What is a multi-listing service?

Author
MyProperty Namibia
Namibia's #1 independent property portal

In the case of a Multiple-listing (or MLS), you would normally give a certain estate agent the sole and exclusive mandate to sell your property for a certain period, after which this agent, the "listing agent", lists the property with a computerised central service.

The information is then available to other participating agents who are free to sell your home. The selling agent and the listing agent are then in agreement that the agent's commission is shared between them. You do not pay more agents' commission. It remains the same amount agreed upon, but the agents share it between themselves.

Seller Property News
Choosing the right real estate agent is more important than you think
Sellers
Choosing the right real estate agent is more important than you think
23 May 2025
Selling your home is one of the most significant financial decisions you’ll ever make. Whether you’re upgrading, downsizing, or relocating, the process involves far more than simply putting a “For Sale” sign in your yard or uploading a few photos online. In Namibia’s dynamic property market, shaped by shifting interest rates, rising living costs, and changing buyer behaviour, working with the right estate agent can have a major impact on your final sale price and your overall experience.
read more
Meggie McPherson - Your Local Real Estate Expert in Windhoek
Neighbourhood
Meggie McPherson - Your Local Real Estate Expert in Windhoek
08 May 2025
With over a decade in the real estate industry and five years as a licensed agent, Meggie McPherson brings unmatched expertise, energy, and a marketing-savvy edge to every property she represents. Her background in real estate marketing gives her a strategic advantage, which means she doesn’t just list homes; she positions them to sell.
read more
Financial mistakes to avoid during the home buying process
Buyers
Financial mistakes to avoid during the home buying process
29 Apr 2025
Purchasing a home is one of the most significant financial milestones many will achieve in their lifetime. While saving for a deposit is an important first step, there are several other financial pitfalls that buyers need to be aware of before and during the home-buying process.
read more
Getting the price right: why valuation matters when selling your home
Sellers
Getting the price right: why valuation matters when selling your home
16 Apr 2025
Pricing your home right from the outset is crucial if you want to achieve the best possible return and ensure a smooth, timely sale. Setting an appropriate asking price can be the difference between a quick, successful transaction and a listing that lingers on the market without serious offers.
read more
Real Estate Tools
Bond Calculator
Calculate the estimated repayments on a home loan and savings with extra payments