The Data in a Multiple Listing Service (MLS)

question 4

Multiple Choice

The data in a Multiple Listing Service (MLS) :

• A) eliminate the need for a real estate agent.
• B) are accessible to buyers and sellers directly.
• C) include the entire ownership history of the listed properties.
• D) deal only with undervalued properties that are authorized by the government within a geographic location.
• E) consist of a comprehensive listing of properties for sale in a given community area.

---

Definitions:

Consistently Performed

Actions or behaviors that are carried out regularly and without significant variation, indicating reliability or stability in performance.

Descriptive Statistics

Mathematical procedures that allow a researcher to characterize a data pattern; these procedures include measures of central tendency and of variability.

Demand Characteristics

Cues in an experimental environment that suggest to participants what behavior is expected or desired by the researcher.

Obviously Correct

A term indicating that something is clearly right or true, leaving no room for doubt or debate.