A Flat-Fee MLS listing is a real estate arrangement in which a seller signs a limited-service agreement with a broker who charges a flat fee rather than a percentage of the sale price for the listing portion of the transaction. In this setup, the broker places the property on the local Multiple Listing Service (MLS) but does not provide the full range of services or representation a traditional seller’s agent would. The seller manages tasks from showings to closing, much like a ‘For Sale by Owner’ (FSBO) approach. This type of listing is also called a limited-service listing, an entry-only listing, or a flat-fee MLS listing. Its main advantage is that it delivers the same MLS exposure as a conventional listing while removing the listing-side commission.