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Cheapest Flat Fee MLS Listings Nationwide.
Tuesday, October 19, 2010
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.
Tuesday, October 12, 2010
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.
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.
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