A multiple listing service is defined as a facility for the orderly correlation and dissemination of listing
information among Participants so that they may better serve their clients and customers and the public; is a
means by which authorized Participants make blanket unilateral offers of compensation to other Participants (acting as subagents, buyer agents, or in other agency or nonagency capacities defined by law); is a
means by which
information is accumulated and disseminated to enable authorized Participants to prepare appraisals and other
valuations of real property; and is a
means by which Participants engaging in real estate appraisal contribute to common databases.