What type of listing agreement involves a broker providing only specific services to the seller?

A limited service listing agreement is characterized by a real estate broker offering only specific services to the seller rather than the full range of services that a full service listing might provide. In this type of agreement, the seller retains more control over the marketing and sale of their property, while the broker agrees to carry out particular tasks, such as listing the property on a Multiple Listing Service (MLS) and possibly providing a few other essential services.

This arrangement typically benefits sellers who want to minimize costs or handle more aspects of the selling process themselves. Since the broker's involvement is limited, the commission structure is often designed to reflect these contracted services, usually resulting in lower fees compared to traditional full service listings that encompass everything from staging advice to negotiations and closing assistance.

The other types of listing agreements mentioned do not offer this specific framework. A full service listing involves comprehensive support from the broker, an exclusive agency listing provides a broker with the right to sell but allows the seller to sell independently without owing a commission, and an open listing allows multiple brokers to attempt to sell the property simultaneously without exclusive rights granted to any one agent.