The Multiple Listing Service or mostly known as MLS is an exclusive portal for licensed real estate agents and brokers where they can find available homes for sale. Only real estate brokers and agents can access the database to find properties for buyers or list homes for sellers. Once listed on the local MLS, your property will also be distributed to Realtor.com, Zillow, Trulia, Redfin, and other real estate portals. A Flat Fee MLS, on the other hand, is an “a la carte service agreement” or home-selling route that allows most For Sale By Owner sellers to list their home for a pre-set amount of money. The agent will accept a discounted fee rather than the traditional full commission of 5 to 6% of the sales price. Choosing a Flat Fee MLS service saves you at least half the commission or a discounted fee, while other charges for a lower price. There are over 800 MLSs in the country which means it helps widen your reach when you list your home on your local Indiana MLS.