Flat Fee MLS Listing Salt Lake City Utah. A residential listing agreement is an contract between a property owner and a real estate broker where the broker lists the property for sale.Here are the two huge changes: 1) Compensation offers moved off the MLS. 2) Written agreements for MLS participants acting for buyers. An open listing agreement is a non-exclusive contract between real estate agents or brokers and the property owner for buying and selling real estate property. A listing agreement is a legally binding contract between the seller (you) and the real estate brokerage that helps you sell your home. A listing agreement is a legally binding contract between a property owner and a real estate agent (or broker). Harry and Samantha are living in a lovely home beside a lake. Not in a market with Zillow's new selling experience? Assistant Attorney General - Civil Rights New.