# Multiple Listing Service

> Multiple Listing Service coordinates discovery, negotiation, commitment, and transfer

| Field | Value |
|---|---|
| Stable ID | `node:kiduna:real-estate-mortgage:listing-transaction:multiple-listing-service` |
| Family | Listing & Transaction |
| Domain | Economics |
| Era | Institutional Age → Agentic Age |
| Kind | metric-or-force |
| Archetype | The Clock |
| Claim layers | empirical, cultural_historical, synthesis, interpretive, symbolic_divinatory |

## What it is

Multiple Listing Service is a metric or force in the Listing & Transaction family, defined here by the function it performs in the property system rather than by label alone.

## What it actually does

Multiple Listing Service coordinates discovery, negotiation, commitment, and transfer.

## Why it exists

It exists because place is unique and immovable while law, capital, information, and human lives must still coordinate around it across time.

## System mechanics

- **Who uses it:** underwriter, appraiser, investor, developer, regulator
- **Incentives:** comparability, predictive usefulness, decision speed, auditability
- **Inputs:** observations, definitions, time period, comparison set
- **Outputs:** signal, comparison, threshold, decision input
- **Dependencies:** Land, Authority, Information, Capital, Time

## Archetypal reading

- **Essence:** Multiple Listing Service coordinates discovery, negotiation, commitment, and transfer
- **Gift:** Clarity about multiple listing service makes a hidden allocation of place, time, authority, value, or risk available for deliberate choice.
- **Wound / Shadow:** When multiple listing service is treated as neutral or inevitable, its costs can be shifted to people who hold less information, authority, liquidity, or mobility.
- **Failure mode:** The failure mode appears when multiple listing service is stale, opaque, mispriced, misrecorded, overextended, or applied outside the conditions that made it useful.

## Lenses

- **Personal:** Notice where multiple listing service appears as a structure in your own commitments: what is held, promised, priced, protected, excluded, or deferred?
- **Business:** Multiple Listing Service reveals a handoff among information, authority, incentives, operating work, and capital. Make the owner of each handoff explicit.
- **Financial:** Multiple Listing Service changes the timing, priority, comparability, liquidity, or distribution of cash flow and risk.
- **Property:** Multiple Listing Service changes how a physical place can be used, valued, financed, transferred, occupied, maintained, or reclaimed.
- **Community:** Multiple Listing Service can create benefits inside one parcel while exporting costs or opportunity to neighbors, institutions, or future residents.

## Divination

The Clock enters the reading through Multiple Listing Service. The issue is not only what is visible; it is which map of ownership, time, risk, authority, or belonging currently governs the situation.

**Question:** What is Multiple Listing Service measuring—and which important reality has been left outside the denominator?

**Guidance:** Change the denominator, time horizon, and stakeholder. If the conclusion changes, the map—not only the number—was doing the work.

## Game function

Sets or modifies a threshold; players may stress it by changing rates, time, or cash flow. Initiative 2.

## Relationships

- **ALTA Survey is evidenced by Multiple Listing Service.** ALTA Survey is evidenced by Multiple Listing Service through a change in rights, information, cash flow, priority, timing, or physical use.
- **Listing amplifies Multiple Listing Service.** Listing amplifies Multiple Listing Service through a change in rights, information, cash flow, priority, timing, or physical use.
- **Multiple Listing Service conflicts with Showing.** Multiple Listing Service conflicts with Showing through a change in rights, information, cash flow, priority, timing, or physical use.
- **Multiple Listing Service is administered through Property Condition Assessment.** Multiple Listing Service is administered through Property Condition Assessment through a change in rights, information, cash flow, priority, timing, or physical use.

## Oppositions

- Use Value versus Exchange Value
- Speed versus Diligence

## Historical lineage and regulatory context

Read Multiple Listing Service through the lineage of Listing & Transaction: earlier customary or local arrangements became recorded, standardized, financed, regulated, digitized, or contested over time.

Rules vary by jurisdiction and transaction. Use the cited primary sources as starting points and verify current local law, program guides, contracts, and professional standards before operational use.

## Visual direction

Text-free rounded-square enamel artifact for Multiple Listing Service: a calibrated enamel field where one measured boundary visibly changes the exposed and submerged portions of an asset; vitreous midnight enamel, blackened steel, warm brass, copper accents, mortgage-paper cream, deep green, slate, and sky blue.

## Engine output / Sentinel handoff

The generative interpretation above is preserved as Engine Output. Sentinel factors: jurisdiction-specific rules, factual uncertainty. These factors request contextual review; they do not delete or silently rewrite the candidate.

## Research / provenance

- [Mortgage Resources](https://www.consumerfinance.gov/compliance/compliance-resources/mortgage-resources/) — Consumer Financial Protection Bureau; origination, disclosures, appraisal, servicing, mortgage regulation.
- [How to Buy a Home](https://www.gov.uk/government/publications/how-to-buy-a-home/how-to-buy) — Government of the United Kingdom; homebuying, tenure, searches, surveys, exchange, completion.
