FSBO vs. Flat Fee MLS

FSBO is For Sale By Owner and literally means that you as a home-seller, are selling your home without a Real Estate Agent. They market their home this way to avoid the 6-7% commission.

In fact, there are many FSBO websites that home-sellers attempt to use to market their homes, but realistically, none are as effective as the Multiple Listing Service or MLS. Because 80-90% of homes purchased today are found by Realtors scouring those listings for their potential buyers, the MLS is the gateway to selling a home. Not adding a home to the local MLS, is like not revealing that home's availability to hundreds and maybe thousands of Realtors.

The only way to take advantage of the marketing power of the MLS, as well as to keep the individuality of a FSBO, is to list as a Flat Fee MLS.

Buyer Rebates for Home Buyers

Are you thinking about purchasing a home in the near future? Have you considered a buyer rebate?

Let us refer you to a Realtor of your choice in almost any city in the country and we'll give you a Buyer Rebate in the form of 15% of the Buyer Agent's commission at closing!  You receive all the same service, just more money!

60 Minutes News Investigates Flat Fee MLS

In this news investigative-interview, 60 Minutes critiques the home owner's option of listing their home For Sale By Owner, as a Flat Fee MLS Listing. It is a very fascinating interview, and elucidates how popular and effective it is for home owners to take on the work of a 'listing agent' so as to literally save thousands of dollars.

If you have any questions regarding this style of selling your home FSBO, please contact us to begin your journey with Flat Fee MLS.

Should I list my home as Flat Fee MLS?

Listing Flat Fee MLS is like selling your home entrepreneur-style. If you feel that you can take phone calls from potential buyers, schedule your open houses, and contact your local title company, you may have what it takes to sell your home Flat Fee.

Once your home is listed in your local MLS, your home's information will be picked up and syndicated to many other publicly accessed Real Estate websites such as Realtor.com. If a Realtor brings you a buyer, then you will be obligated to pay the commission percentage that you are offering. This is always decided before the property is entered into the MLS, and it is usually between 2 1/2 - 3 1/2% but is negotiable.

However, if you are also marketing your home in areas such as Craigslist or local newspapers, and a potential buyer contacts you direct, you would pay NO Realtor commission. Just remember that selling Flat Fee MLS and selling FSBO are two entirely different strategies with major marketing differences. FSBO can and does work, but with Flat Fee MLS, you gain incredible marketing power through both the MLS and your listing Broker's work.