REALTORS Association of Edmonton
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The REALTORS Association of Edmonton (RAE) is a real estate professional organization with approximately 4,700 members in the Greater Edmonton region.
A volunteer board of directors governs the association, which is comprised of association members. The Association administers the Multiple Listing Service for the Greater Edmonton Area and its neighboring communities. Additionally, it offers professional education to its members and enforces a Code of Ethics and Standards of Business Practice.[1]
Multiple Listing Service
[edit]The Multiple Listing Service (MLS) is a database in the real estate industry, facilitating the exchange of property information among Association-licensed real estate professionals. Established to enhance the efficiency and transparency of property transactions, the MLS allows Realtors and brokers to list and access property information.[2]
The Multiple Listing Service encompasses details about properties, including descriptions, photographs, prices, and historical data, making it an invaluable resource for professionals looking to match buyers with suitable properties. This centralized platform not only broadens the exposure of listed properties but also ensures that the data provided is both accurate and current, which is essential for informed decision-making in real estate transactions.[3]
History
[edit]1909 - Formation of the Edmonton Real Estate Exchange
1927 - Establishment of the Edmonton Real Estate Association
1929 - Enactment of The Real Estate Agents' Licensing Act
1952 - Transition to the Edmonton Real Estate Board Cooperative Listing Bureau Ltd.
1960 - Introduction of the Multiple Listing Service
1984 - Members gained access to MLS System information through the first digital database
1990 - EREB becomes the first Canadian real estate association to use secure electronic key boxes for listed properties
2007 - Rebranded to Realtors Association of Edmonton
See also
[edit]External links
[edit]References
[edit]- ^ "Who We Are". REALTORS® Association of Edmonton. Retrieved 2024-07-31.
- ^ "Multiple Listing Service (MLS): What Is It". www.nar.realtor. 2012-01-11. Retrieved 2024-07-31.
- ^ "MLS & Online Listings". www.nar.realtor. 2017-03-06. Retrieved 2024-07-31.
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