What is the MLS® System?The MLS® system is a cooperative listing service operated by your local real estate board. Your property --and other properties-- are listed on it. How can the MLS® System Help Sell My Home?Complete details of your home are sent to all the REALTORS in your area, usually within 48 hours, via modern technology.Your property gains more exposure, because it reaches the majority of the real estate professionals in your community.Through MLS.ca, the national MLS® Internet website, participating local real estate boards can advertise their listings to potential buyers across the country and around the world. Setting the Asking PriceAlthough you may have an idea of how much your house is worth, it’s important to have your home valued by a professional on its own merits. Be careful not to price yourself too high or too low. If it’s too high, there’s no sale; too low and you lose on your investment.