A Multiple Listing Service, Multiple Listing System or widely known as MLS, is an exclusive online marketplace for real estate brokers and agents who want to list properties, browse property data, and share listings through collaboration with other brokers. Listing your property on the local MLS means it will also be syndicated unto the following real estate brokerages or sites such as Zillow, Realtor.com, Redfin, and more. Only state-licensed real estate agents can add homes for sale listings, and you have to hire one to help you access your local MLS. In order to save thousands of commissions, most For Sale By Owner (FSBO) sellers are now using a Flat Fee MLS program to list their home on the specific MLS. Depending on the listing packages, you’ll get maximum exposure to qualified buyers and still have control of your home sale process. So instead of paying a 3% commission fee for your agent and another 3% for your buyer’s agent, you’ll just pay a set fee lower than the traditional home-selling option.