Listing agents can upload the form directly into MLS for easy access. Thus, cooperative compensation is a separate agreement that the listing agent will be bound to regardless of what is agreed to in the contract.A listing agreement is a contract between homeowners and brokers that legally establishes how a realtor will find a property buyer on the seller's behalf. List Owner's property for sale in the Multiple Listing Service ("MLS"). PURPOSE. The purpose of Bright MLS is to provide a Multiple Listing Service (MLS) to Subscribers. Multiple relationships may be listed together, e.g. Multiple relationships may be listed together, e.g. -The top portion of the Listing Change and Sold Form should be filled out completely, which includes the Address, Owner, Listing Firm, Type of Listing,. Real estate listings include the name of the brokerage firms and listing agents. Complete listing of state and local associations, MLSs, members, and more.