Flat fee MLS
A listing arrangement where a licensed brokerage enters your home in the MLS for a fixed fee instead of a percentage of the sale price.
Related
- MLS (multiple listing service): A regional database of listings shared among member brokerages, which feeds Zillow, Realtor.com, Redfin, and brokerage websites.
- Limited-service listing: A listing agreement in which the brokerage provides some services (such as MLS entry and paperwork review) but not others (such as showing or negotiating).